BEFORE THE

                 MAHARASFITRA REAL ESTATE REGULATORY AUTHORITY
                                             MI]MBAI


                               SUO MOTU CASE NO. .IO OI 2O2O



    Stlcretary, Maharashha Real Estate Regulatory Authodtv                    Complainant




    Sanklecha Construction Private Limited                          .. Respondent/ Promoter

    S. Vinod & Co. (Chartered Accountant)


    G. V. Katale & Associates (koject Architect)
                                                                   ... Project Prof essionals

    MahaRERA tegishation no. P51600009518


    Corurn: Shri. Gautam Chatteiee, ChairP€rson, MahaRERA

    Respondent, Mr. Puneet SanlJecha, Director, was himself Present.
    Mr. Sagar Avhad, reprcsented the Proiecfs Chartered Accountant.
    Mr. Gorakh Katale, rePresented the Proiecys Architcct.


                                                   Order

                                         Ianuarv 01, 2020



l       This is a Suo-Motu matter taken uP by MahaRER{ against the ResPondenfs Project
        'The Metlozone Athens A3' which is rcgistered with MahaRERA Regishation No'
        P51 600009518.




2       On review of the Respondenfs proje.t rcgishation, it is observed that the Proje't
        registration of the said Ploject has lapscd on SePtember 30, 2018 ar-rd *rereafter, no
        cxtension of the date has been either sought or granted under the Provisions of *re Real
        Estate (Regulation and DeveloPment) Act, 20]6 and the rules and regulations made
        thereunrler. Further, the details available on the Project registration webPage show that
        the proiect not yet comPleted. Voreovei, the ResPondent has not uPloaded thF Annual

                                                   112
                                                                                   a^a4(____r
                                                                               \
     Audit Report of Statutory CA - Form 5 for FY 17-18 and FY 18-19 till date as required
     under the provisions of section 4 (2) (1) and section 11(1) of $e Real Estate (Regulation
     and Development) Act, 2015 read with Regulation 4 of the MahaRERA Generai
     Regulations, 2017.


     Since, there have been no online comPlaints filed with MahaRERA in this Proiect, as yet,

     this matter was taken uP as a Suo Motu Complaint and the ResPondent and Project
     Professionals, associated with tl1e Project, were called for the hea ng. The ResPondent/
     Project professiona! who appeared for hearing, submitted that the Proiect could not be

     completed in the stiPulated time.


I    At thG stage when the Proiect regishation period has lapsed, the only way Jorward would
     be to protect the right of the allottees and enable them to form an Association of allottees

     who can take an informed decision regarding carrying out the balance work to comPlete
     tl1e project.



     In view of the above facts, the Respondent is herebv directed to hardovet the list of
     allottees of the said proiect, along with their contact details, to all the allottees of the said
     prorect, along with a coPy of this order, and to enable the allottees to form an ass''ciation

     of allottees and thereaJter take an inJormed decision Pertaining to the said project'
     Thereafter, the associahon of allottees may like to proceed under Section 78 of the Act
     as per the MahaRERA Order no 8/2019 dated March 29,2019'


                                                                                              Form 5
6.   The Respondent is directed to upload the Annual Audit Report oI Statutory CA -
     for F.Y. 17-18 and LY. 18-19 within 15 days from the date of this Order'


7.   Consequently, the matter is hereby disposed of


                                                                                      rr- od:- ---v'
                                                                               (cu tam Chatte4ee)
                                                                          Chairp      \'IahaRIRA




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