BEFORE THE

                        MAFIARASHIRA REAI- ESTATE REGLTLATORY AUITIOR|IY
                                                   MUN{BAI



                                       SLO NIOI L CAS| NO. 37 0I20i!l



Secretar\', Maharashha Rcal Estate Itettrlatory Authodtv                          Complai.ant




    Ar.istocrat li.ealty Plt Ltd                                                 licsPondent/Promoter

    Ajit More (Chatered Accountant)

    Ship Assor:iatcs (Proiect Architect)
                                                                                  trr)je.t l'r'olessionals

    MahaRERA registration no: P51800005783

    Corum: Slui. Gaut.rm Chattedee, Ch;irpersoo N'IahaREit-'\

    Respondent/ ['romcter did not aPpear
    Proj.ct Professionals .lid not apPear'

                                                Order (Ex-Parte)
                                               Lrecemb€r 17, 2019



          'Ihrs is a Suo Motu mattcr taken uP by MahaRERA against the ResPondent's proiect
                                                                                                    oJ
I
                                                               Society Limited whi'h is registcre'1 $'ith
          rerlevelopment of Anantrai Cooperative llousing
          N{ahdliBtt?\ Registratior liD. P518000O5783'


                                                               is obscrved that the Proiect registration of
         On review of the ResPondent's Proiect regishatiotf it
                                                                  therealter' no exte[sion of the date has
         the said proiect has lapseri on Septernber 30' 2013 anc{
         been either sought ()r grantL"l undcr the provisions
                                                                    of the Real Estate (Regulation and
                                                                   marle tltreunder' Further' the details
          Development) AcL 2016 and the flrles and regulatic'ns
          availalrle on the Proiect rcgi::tlahon webPage shor!'that
                                                                       the proiect is not yet 'ompleted'
                                                         1/2




                                                                                       \
    N'lorcover, thc Respondent has not uPioaded ihe Annuat Audit Report of Statutory CA Form 5
    for LY. 17-18 anclF.Y. 1&19 till date as required under the provisions of section 4(2)(1) arld seltion
    11(1) of the Real Estate (Regulation and DevcloPment) Act,2016 read with Regutation 4 of the

    N.lahaRllRA Ceneral Regulations, 2017.



    Sin c, there have been no online complaints filed r-r'ith MahaI{ERA in this Proi€)Lt' as vet' t}ris
    matter was taken uP as a Suo \4otu Complaint anci the ResPon'lent and Irroiect Professionals'
                                                                                                          and
    associated \4'ith the Proie.t, w'ere caled lor the hearinS' No one aPPeared Ior the ResPondent

    Project Professionals, associated with the Project in sPite s€'Nice ofnotice



I   'Ihe project is a redevelopment Project of Anarhai Cooperative llousrng Society I imited At this
                                                                       1^'ay forward $'ould be to protect
      stage, when the proje.t registration Period has laPsed, thc only

      the right of tlrc allottees, u'hich include every indif idual member of
                                                                                   Anantrai CooPeratrve
                                                                              and to enabla them to foIm
      Ilousing SocieB Limitec{ and all buyers of apartments in the Proiect
                                                                      regarding €arrying out the balance
      an Association of allottees who can take an inlormed de'ision
     work to comPlete the Prorect.

                                                                             Pvt Ltd, is hereby directed to
     In view of the above facls, the l{espondent- Arjstoclat Realty
                                                               with their contact detaits' to all the allottees
     handover th€ list of allottees oI the said Proiect' along
                                                            to emble the alloLtees to form an association oI
     of the said proiect along with a cop) of this order'
     allotteesandthcreaJtertakeanilrlormeddecisionPertaininstothesaidproie'ct"Ihereafter'the
     assG-iation oI allottees may tike to Prcceed
                                                  under Section 7/8 of the Act as Per the MahaIiF'RA

     Order no. 8/2019 dated March 29, 2C19'

     'l'he Respondent i5 dtected to upload the Anllual Audii ltcPort of Stalutory
                                                                                           CA - Iorm 5 for F Y

                                                            of this Order'
     17 18 and F.Y. 18-19 within 15 days frcm the Cate



      Consequently, the matter is hereby disposed of
                                                                                           r(l      Cha
                                                                                    C].a           \lahaRrli:\




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