I

            BEFORE THE MAI]APAq}}T^A            FD\', E3 ' A ' L (LCULA1ITTY l1U TII()IU'I Y
                                                MUMBAI
                                  SUO MOTU CASE NO: I3I Oi2O2U



    S€cretary, Maiarashtra Real Estate ReSulatory Authority                      Courpl.)inarrt

                    Ve6us

    M/ s Vighncsh Construction                                                   Respondent


    1. J. B. Patel and Associates. (Chartered Accountant)
                                                                                 Proiect l'ro1('ssionals
    2. Fas(inate ArchiB*ts (Proied Architect)


    MahaRERA registration no: P5170001148u



     Corum: Shri. Gautam Chatte4ee, ChairPerson, MahaRERA
     Respondent $.as represcnted by N'lr. DiliP Shukla
     None appeared Proje.t Professionals.




                                                   Order
                                             February 20, 2020




    l    'lhis is a suo-motu matter taken uP by Maharera against the ResPondends Project'Mauli

          Krupa' r'hich is registered v,'ith Mahare6 Registration no' P51700011488'

          On review of the Rcsponrient's Proie(t rcgistrahon' it is observed that the
                                                                                                    pmi€'ct
    t.
                                                                                            no e\tension
          reSiskation of th€ said Pro,ett has lapsed on August 31, 2018 and therPafier'
          of the dat€ has been eitlrer 5ou8ht or Sranted under the Provisions oI the Real
                                                                                                     F_state

                                                                                     thereunder'
          (Regulation and DeveloPment) Act, 2015 and the rules and reSulations made
          futher,  the details available on the    registration webpage sho&- Olat the Proi€ct is
                                                 Proj.rt
                                                                                            Audit Report
          not yet completed. Moreover, the ResF)ndent has not uploaded the Annual
          of Statutory CA - Form 5 for FY 17-18 and FY 1&'19 till date as requircd
                                                                                   under the Provisions
                                                                                                   Act' 2016
          of section 4(2) I and section 'l t (1 ) of the Real f$ate (Regulation and DeveloPment)

          read h'ith re8ulation.l of the MahaRERA Gcneral Regulations, 2017




                                                      1i2
                                                                                  q*--
     Sjn.e, there have been l1o online complanlts iited witil tvlahaREld{ in this project, as
                                                                                                   }.et,
     this matter ,.ar taken up as a Suo Motu Complaint and the Respondent and proie.t
     Professionals, associated with the project, L,ere called for the hearing. Mr. Sanket patil,
     Architect, the Project Professional $,ho appeared for hearing, submitted that the project
     could not be completecl in the stipulated time.


1.   At dris stage when the proiecr regisrration period has lapsed, the ody nay torrvard u.ouid
     be to prote.t the right of the allottees and enable them to form an Association
                                                                                   of allottees
     whocan take an inlorDred decision regarding carry ing outthebalance work ro complete
                                                                                            the
     project.


     In view oi the above facl$, rhe Responllent N{/s ViShnesh Consrrucrion is hereby
a_
                                                                                              d ected
     to handover the list oI allottees of the said project, along with their contact
                                                                                     derails, to aI rhe
     allottees of the said project, along r{,ith a copy of this order, to enable the allottees
                                                                                               to form
     an association oI allottees and thereafter take an informed decision pertainirg to the
                                                                                                   said
     prorect. Thereafter, the association of allottees nrav like to proceed undei
                                                                                   S€ctioi 7/8 or rhe
     Act as per the tr{ahaRERA Order no. 8/2019 dated N.tar]:h 29, 2019.


6.   The Respondent is directed to upload the Annual Audit Repor of Starutory CA _ Form
                                                                                                     5
     for FY 17-18 and FY 18-19 within 30 dal,s from the date of thisOrder.


7.   Consequently, rhe matter is lrcreby disposed of




                                                                                ,"M
                                                                          Chairpersdn. NIahaRERA




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