BEFORE

                  TH I.] I'I AHARASHTRA REAL L]S]'ATE REG U L,ATORY,A.UTHORITY

                                                  MU\1BAI

                                       SUO lvlo l U CASE NO: 153 of 2020


                                                                                Colr1plainant
    Secretary, Maharashtra Reat Estate Rcgulatory Authoritv

                    V(.rsus
                                                                                Rcspondent
     N{aan Housinll DcveloP ent

     \,1. N. Solanli & Assffiates. (Chartercd Accountant)

                                                                                Project I'rofessionals
     Chamunda Consultant. (Project Architect)

     MahaRERA registration no: P51800003972

     corum: shri cautam chatte4cc' chai+rerson' MahaRERA
     Respondent \eas reFreserrted bv Nlr. Ilanriz Kazi'
     Project profes\i(nrals did not appear.




                                                      Order
                                                  Fcbruary 27, 2020



l       This is a SuGi\'loto matter taken up bv \'lahaRERA against the Res}'tn1(k'nt's Project
         'Paariiat CHSL.'     is registered 1\'ith \{ahaRERA Rcgishation No P51800003972'
                              'vhich

         C)n revit'w of the ResPoielcnt's project registration, it is obseNed that the proiect
         registratidr ot the said Pro,c.t has lafsed oh Dc'tember 31, 2018 and thcr'aItcr' no
         extension of the date has been eithcr sought or grantcd under the Provisions of the Real
         Estate (Rcgutation and DeveloPment) Act, 2015 and the rules ancl regulations made
         thereunder. Furthcr, the tletails available on the Project registration webPagc show rhat the
          project is not yet completed Nloreover. the ResPondcnt has not uPloadcd tht' Annr'ral
                                                                    -18-19
          Audit Reljort of Statutory CA- Form 5 for FY 17 18 and FY        till tiate as rt'quired unrler
          the provisions of settion.t(2) I and settion 11(I) of the Real Estate (Regulation and
          Developmerlt) Act,2016 read with regulation 4 oi thc N'laiaRERA Gcncral Regulations'
          2017.




                                                                                 Q*
        Since, there have been no online comPlaints fited with NlahaREIlA in this proiect, as )'ct'

        this matter \{'as taken up as a Suo lvloto ComPiaint and the Respondcnt and Project
        Professionals, associated with the project, u'ere callecl for the hearing The rePresentative

        of the ResPondent NIr. Ramiz Kazi, rvho appearecl for hearing, submitted drat the Project
         could not be comPleted in the stipulated timc.


4.       The prqect is a redevelopment proiect named Paarijat CHSL AT this stage when the
         proicct registration Pcriod has lapsed, the only u'ay fon{arci would be to prote't the right
         of the allottees, which inclucle everv original member of Paariiat CHSL project and all
         buyers of apartmeits in the Project, and to enabie them to form an Association of allottees
         wllo can take an inJormed decision legarding canying out thc balance l{'olk to comPlete
         the proje.t.


     5. In view oI the above facts, the ResPondent N'laan Housing DeveloPnent is hereby directed
         io handover the list of allottees of the said proie.t, along $'ith their contact details, to all
         theallotteesoftlresaidProject,alongv/ithacoPyofthisorder,toenabletheallotteesto
         form an association of allottees and theleafter take an inJormed decision Pertainir'Ig to the
         said pro,ect. Thereafter, the associahon of allottees mav like to Proceed under Section 7/8
         of the Act as per the MahaRERA Ortler rTo. 8/2019 datcct March 29, 2019'


6.       The Respondent is directed to uPload the Annual Audit Report of Statutorv CA - Fonn 5
         for FY 17-18 and FY 18-19 within 30 davs from the clate of dlis Orcler'


         Consequently, the matter is hereby disposeLl of


                                                                                      )
                                                                                          lu&a--,.r.
                                                                                    (ala tam Chattcrjee)
                                                                              Ch             \lahaRIli.\