BEFORE THE iviAHARASHTRA REAL ESI ATE REGULATORY AUTHOIII'IY
                                                MUMBAI

                                  SUO \.IOTU CASE N() : 120 of 2020



    Sccretary, Nlahanshtra lleal Eshrc Regulak)rv Authorit!                     C_onrplainant

                   Versus
     NI/s Sluee S:rmarth Krupa Developers.                                       RcsIorldcnt

    l. B M K D & Assot-iates. (Chartere.l Accountant)
    2. Raisingh Ahuja & Associates (Project Architect)                          Projcct Professionills


    N{ahaRERA registrarion no: P52000008235

    ( orun1: Shri. Cautam Chatterjce, Chairpcrson, trlahaRERA
    \orrc appcarid for Respondent
    None appoalod lol Projcrfs Protessionals.



                                                 Order (lx-Irartc)
                                                 Ii.bruitri 20, 2020

1      This is a Suo-N{otu matter taken up b) MahaRERA agaiflst the Respondenfs 'Deshmukh
       Arcade', wlith is |r'gistercd with Maharcra Registration No. P52000008235.



l      On revieu, oI the Resporldenfs proied registration, it is obscNed that the prnject
        regishation of the said project has lnl)sed on ]une 30, ,018 and thereafter, no cxtelsion oI
        the Lla(' l1as bcen cither sought ()r granted under thc provisions of the Real Estate
        (llegulation and I)evelopmcnt) Act,2015 arld the rules and regulations madc thereunclcr.
        Further, the details available on thc prolect registration r,r,ebpage shorv that the projr.ct is
        l1ot yet completed. Moreover, the I.(espordent has not uploaded thc Annual Audit Ret\)rt

        of Statutor!- C,,\ - Foml 5 for FY 17-18 an(l FY 1E-19 till datr' irs requin'cl undcr tl.rc
        provisions oi section 4(2) I and section 1l(l) oI thc Real Estate (Ileltulation and
        Devclopment) Act,2016 read r,,rith regulattnr 4 of the NlahaRERA Ceneral ReFulatiorls,
        20L7.




                                                                                   I r^-[-
                                                                                  /{'-
     Si1cc, thcre have bcen no online complairts filed with N4ahaltERA in this pro)n-t, as vet,
     this matter was takcn up as a Suo t\'lotu Conrplaint and tlle Responclcnt ancl Proiect
     Professionals, associated ra'ith the proiect, were callecl {or the hearing. No ono apf'eared fo.
     the Resfondent and Proie(_t Professionats, asscrciated $.ith the proiect in spite of service of
     noticc.


I    At this st.rge when the pro,e.t registration pcriod has lapsecl, the onl1, way forwartt rvould
     bc to protect the right of the allottees and enable thcm to form an Association of allottees
     rvho can take an inlormed decision rcgardilrg carryrng out the balancc work to complete
     the ptoicct.



     ln Yiew o[ the abovc facls, the Respondent NI/s Shree Samarth Krupa Developers is hereby
     dire,cted to handover the list of allottees oa the said proiect, along u,ith thet contact detailt

     to all thc allottees of the said proiec! along with a copy of thi$ order, to enable the allottees
     to form ar1 associatiolr of allottees and thcr.after take an informccl decision pertaining to
     the said projert. ThereaJter, the association of alk)tt€es mav likc to proceed undcr Scction
     7/8 of thc Act as per the \,lahaRERA Orelcr no. 8/2019 ttatecl li.tarch 29, 2019.


h    'Ihe Itesponclent is c{irertcd t(, u}rl()ad thcAnnu.l A odit Report of Statutorv CA I(.rm5 ior

     fY 17-18 ancl FY 18 19 u,itlrul 15 daYs Irom tht, date oi this Order.


7.    Conscquontly, the matktr is hor.by disposcd of




                                                                                  '1
                                                                                      tam Chatlc.jee)
                                                                             Chairperson, NIah.TRERA