BEFORE
                THF] NlAH,A.RASIITRA RI']AI- ESTATE REGULA
                                                                       IORY AUTI IORITY
                                                1\4UN{BAI


                                   SUO MOTU CASE NO: 184 of 2020


                                                                                 ComL.l.rin.rnt
Secretarv, Maharashtra Real Estate Rcgulator,v Autho
                                                             tv



                                                                                 Respondent
    Inage Builders

    1. H. V. Patel & Asscriates (Chartered Accountant)
                                                                                 Proiect Professiotal
    2. K. R. Patel & Associates (Project Architcct)



    MahaRERA registratiotl no: P52000010927

    Corum: Shri. Gautanr Cllatterjee, ChairPe6on, MahaRERA
    None apPearetl for ResPondent.
    None appearecl for Project's Professionals'


                                                   Order (tsx-Parte)
                                                    N4arch 16, 2020



                                                                                          'Sukhkata Z'
I       This is a SuoMotu matter tal(en uP by MahaRERA against the ResPondenfs
        which is rcgistcred with Maharcra Registration No P52000010927'



l        On rcvit'w o[ the ResPondcnt's proiect regishatior, it is obseNcd that the Project
                                                                                             !1o cxtelrsitnr
        registrahon of the said Project has taPsed on Decenlbcr 31, 2018 and thcrcafter'
        of the datc has becr either soulrlt or 8r;mted undcr the lrrL]visions of the Rcal Estate
         (Regulation and Developmcnt) A(t, 2016 arld the rules and regulations made thereundei'
                                                                                                     Ls not
         Further, thc details available on the Ploject registrati(rn wcbPaSe sholt' dlat the Proiect

         vet completed. Nforeover, the RcsPondent has llot uPloaded the
                                                                                Annual Audit RePort of
                                                                                                       of
         Statutory CA - Form 5 for FY 17-ltiand FY 1&19 till r'lat'': as rcquhed urrdcr the Provisions
         section 4(2) I and section 11(-l) oi the Real Estate (Regulation and DeveloPmcnt) Act'
                                                                                                        2016

         read rvith reSulation i[ of the M.lhaRERA General Rcgulations, 2017'




                                                       1/2


                                                                                   \*,-
     Since, there have been no orlline complaints liled with N,lahaRERA in this Proiect, as yet,

     this matter was hken up as a Suo l\4otu Complaint and dre Respondent and Projed
     Professionals, assGiated widl the project, wcre callcd for the hearing. No one apPeared ltr
     the Respo,rdent and Project Professionals, assciated with the prcject in spite of strvicc of
     notice.


-l   At this stal,c h,hcn t-hc proiect rcgistratlon period has lapsed, lhe Lrnlv way lorl't'ard u'ould
     bc t() lr(,te( t the right of the allottccs and cnablc thcm to forrn an AssociatiLrn d allotteps
     u,ho can take an informecl decision rellardir\l aarrving oul the balance H,ork to complete
     the proiect.


I    In vicw of dre above facts, the Respondent lmage Builders is heretr]j directed to handover
     tilc Iist oI allottees of the said project, along with thet contact details, to all the allottees of
     the said proie(L along with a copy of this order, to enable the allottees to form an
     ass()riati()n of allottees and thereafter take an informed de.ision petaining to the said
     proiect. Thereafter, the association of allottees n1ay like k) pr(reed under S€ction 7/8 of thc
     ,,\ct as pcr thc MahaREId{ Order no. 8/2019 datecl March 29, 2019.


     lh{, Ii(st,(D(l,,ntis.lirrlhrdhruPlondthr'r\nnu.rl /\uditlioportoiStatuto[,C,\ lolrD5ior
     IY l7- 18 .ukl FY lS-19 l,ithin 30 clavs ir'()rrr the (latc ol lhis ()r der.


7.    Culselluently, the matter is hereby disposed of




                                                                                                 Chatterjcc)
                                                                                    Chairperson, IlahaIlEIlA




                                                      2/2
                                                                             Sr. No.    103
            BEFORE THE MAHARASIITRA REAL ESI'ATE RECULATORY AUTHORITY
                                              MUMBAI

                                              ROZNAMA
                               Date: Monday, February 17,2020 at 11.00 am

      epr4!r:
      Shri. Gautam Chatterlec, Ilon'ble ChdirpeEon

                  SUO I4OI'U NO            /2020
of Complction                                                                  Memo of
                  SUKHKARTA 2            Name,
                                         Designation,
l1-Dec-18                                Contact No.       Counrl/
                  P52000010927
                                                           In-
R.'spondent 1/    IyAGE BL ILDII{S
Promotcr 1


Prorect           H. V. Patel &
Professiona I:    Associates
CA

I'roject          K. R. Patel &
                  Associates
Ar.hitcct

\ert lrn te

Promoters/ Project Professionals did not appear.

Closed for Exparte Order.




                                                                               ,tX\ ,-.g,tt'- -    '-1
                                                                                       Chatteiee

                                                                            Chairperson,MahaRERA