BEFORE THE MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY, MUMBAI Virtual Hearing held through video conference as per MahaRERA Circular No.:27 / 2020 SUO-MOTU CASE NO. 299 OF 2023 1, F. RESIDENCES GHATKOPAR- WING A AND B 2. F. RESIDENCES, GHATKOPAR, W]NGSC, D, E AND F ...PROJECT NAMES ARIHANT REALTORS Throush i ts Partners Ashawtrn G roup: 1. PRAVIN GIRISH CHAMARIA 2. CHETAN SUNDARJI BHANUSHALI 3. ASHAPURA EDIFICE PRIVATE LIMITED TROUGH PRAVIN GIRISH CHAMARIA (Authorized Signatorv) 4.AHAPURA OPTIONS PRIVATE LIMITED THROUGH PRAVIN GIRISH CHAMARIA (Authorized Signatory) Arilnnt Grou p s.PALLAVIJATIN MEHTA 6. CHAITANYA JATIN MEHTA 7. YOSHAIATIN MEHTA 8. DEVESH CHANDRA THAKUR ..PROMOTERS MAHARERA PROIECT REGISTRATION NOS. P518OOOO755O & P51800025235 Order May 2G,2023 (Dnte of ttirtual hearing - 15.05.2023 matter reserued for order) Coram: Shri. Ajoy Mehta, Chairpersory MahaRERA and Sfui. Mahesh Pathak, Hon'ble Member-l, MahaRERA Advocate Surai Iyer a/w Mani Thevar i/b Ganesh & Co. for Promoter (Arihant Croup) Advocate Prachi Patel for Chetan Bhanushali and Pravin Chamaria [Partners of Promoter Firm- (Ashapura Group)] 7 ARIHANT REALTORS (Pnrtnerstup) is thc promoter/ ncveroper rvithin th.: tnearri.g of section 2(z'k) of the Real Estatc (Reguratio. ancr Dc'ekrpmcnt) Act, Page 1 of 3 rqJL al/'-/xt Y 2016 ("said Act") of Real Estate Regulatory Authority ("RERA") and has registered two projects under Section 5 of the said Act namelY "F. RESIDENCES, GHATKOPAR, WINGS C, D, E AND F" bearing MAHARERA Registration No. P51800007550 (hereinafter referred to as the "said Project No. 1") and "F. RESIDENCES GHATKOPAR - WING A AND B" bearing MAHARERA Registration No. P51800025235 (hereinafter referred to as the "said Project No. 2"). 2 Further the Promoter firm is a Partnership concern and comprises of 8 Partners belonging to two groups namely Ashapura Group and Arihant Group (nrcntioned nboi,e). The captioned case was listed for hearing the Promoter being both the groups with respect to the limited issue of provicling the login credentials. 3 Thus, the captioned case was heard on 15.05.2023 wherein the following Roznama was recorded: "Tlrc Adoocnte for Pronoter (Arihnnt Croup) bings to tlrc notice of tle Authoity tle bnckground of tle matter and in uietp of the snme seeks to hmte access to tle logtn credentials. lt is nlso brought to tlrc notice of the Authority thnt tlrcy require the sntne so ns to conrply toitlt tlr unrious returns tlmt are reqrired to be fled under RERA. It is nerred thnt tlrct1 nre finding it di.ffcult to ttpdnte tlte records nnd remnin RERA complinnt. They nlso stnte tlnt tlrc Arhitrntion Interint Order specificalhl restrnins tlrc other pLtrty from obstructing tlrcm from cotnpleting tfu project and conrplying zoith tlrc onrious regr ations. It is also aterred that tlere nre nllottees in tlrc captioned Proiects. Further, there is a designnted accotLnt ruhich is noru fully in thtir control and the some is used for the purposes as laid out under RERA. The Atlztocate for Promoter (Arihant Group) also informs this Authority that they are in the Process of receiting further npprooals in the captioned Projects. Part Occupntion Ctrtifcnte lus also been receitted in the Project No. P51800007550. Adtocnte for Pnrtners, Chetnn Blmnuslnli nnd Prm,in Channrin (Aslupura Group) int'orms this Authority tlnt tlay need to be giren nn opportunity to put the rccord strnight so thnt unruarranted nllegations trre not nutde rtgainst thetn. Tley lnzoetter az,er thnt tluy hate handetl oper tlt logitt tedentinls o.f the captioned Projects to the Pronoter Firrn rulticlr is tlu subject untter of tlu proceedings before tle Authoity todny. The Adt ocnte also seeks nn opportunity to put tl'ieir say on recold in ruriting. Pnrties nre nt liberty to fle tlu witten submissions, i.f any, by 22.05.2023. Subsequent to ruliclt, the matter uill be resen'ed for orders." Page 2 of 3 h SAllt-,.tr 4 The Partner Promoter namelv Arihant Group and the Asl1pura croup filecl their submissions which the Authoritv has perused at-rcl taken on record. Further since the captioned case was listecl for a limite