BEFORE THE

               MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY
                                            MUMBAI


                               SUO MOTO CASE NO. 5l of 2020



Sccretary, Maharashtra Real Estate Regulatory Authority                     Complainant



Versus
                                                                             Retfondent
Seven Eleven Construction Pvt Ltd.

Rashmi Agrawal (Chartered Accountant)


Balwantrai H Rathod (Project Architect)

 BAC Ptanners & Engineers (Proiect Archite{t)
                                                                             Project Professionals


MahaRlRA registration no: P51700010338


 Corum: Shri Gautam Chatteriee, ChairPerson' MahaRERA

                                               Shelat
 Respondent was rePresented by Adv Pratima
 None appeareti for thc Proiect Professionals'

                                               Ordel
                                          February 10, 2020


                                                                          the ResPondenrs project
     1. This is a suo.mofu mattel taken uP by lt,lahaRERA against
                                                             MahaRERA Re#sEation no'
        "Seven Eleven Regency" which is registered with
         P5170(x)10338.



     ). On review of the Responden(s proiect registration'
                                                                   it is obscrved that the proiect
                                                        \4arch 31' 2018 and thelea-fter' no c)'tension
         registration of the said project has lapsed on
                                                                  the Ptovisions of thc Real Estate
         of the date has teen either sought or granted under
                                                        the rules and regulations madc th'reunder'
         (Regulation and DeveloPment) Act, 2016 and

                                                  1/2

                                                                                \*-
   Iurthcr, the details available on thc Proie(t regishation webPage shou' that thc project is
   not yet completed. Morcover, the ResPondenthas not uploaded the Amual
                                                                                Audit Report
                                                                                 Uider the
   of Statutory C.A. - Form 5 {or F.Y. 17-18 and F Y 18-19 tilt date as rtquited
                                                                                      and
   provisions of section 4(2)(1) and section 11(1) of thc RcaI Estate (Regulation
                                                                              Gcneral Rcgulations'
   Development) Act, 2016 read with Regulation 4 of the MahaREIdA
   2017.


3'since,thelehavebeennoonlinecomPlaintsfiledwithMahaRERAinthisPloject,asye'
                                                                          and Protect
    this matter was talen up as a Suo N'loto ComPlaint and the ResPondent
   Professionals, associated with the Project, were called
                                                               Ior the hearing The rePresentatrve
                                                                                 submitted that the
   of thc Respondent, Adv. Pratima Shelar, who appeared for hearin&
   proiect could not be comPleted in the stiPulated time'

                                                                                               would
4. At this stage when the Proiect registration Period has laPsed' the only way forward
                                                                to form an Association of allottees
   be to protect the right of the allottees and enable them

   $,hocantakeaninlormeddecisionregardinScarryinsoutthebalancewolktocomPlete
    the proiect.

                                                                                  Pvt' Ltd ' is hereby
5. Irrvieh'of the above facts, the ResPondent' Seven Eleven Construction
    directed to handover the list of allottees of thc said
                                                           ploject, a long wi th their contact details'
                                                                                to enable the allottees
    b all the allottees of the said prorect, along with a copy of this order'
                                                         take an informed decision Pertaining to
    to form an association of alloftees and thereafter
                                                     allottces may like to proceed under Section
    the said proiect. Thereafter, ihe association of
                                                               dated March 29' 2019'
    7/8 of the Act as per the MahaRERA Order no U/2019

                                                                               Statutory C A - Form
 6. The Respondent is directed to upload the Annual Audit Report of
    5 for F.Y. 17-18 and F.Y .1&19 $'ithin 15
                                                 days from the date of this Order'


    Consequently, the matter i5 hereby disPosed
                                                       of

                                                                                 fop+-------r
                                                                                (G*rtam Chatterjee)
                                                                           Chairperson, \tahaRERA




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