BEFOITETHE

                       MAI]ARASI]TRA REAI- ISI'ATE REGUI,ATORY AUTHORITY
                                                  MUN{BAI



                                     suo N,1()1() CASF N(). 38 ()F 2019


     Secretary, trlaharashtra Real Estate Regulatory Authorit_y                Complainant

     Versus

     Nikhil Builders                                                           Respon!]ent/ Promotcr-

     M/ s. S. P. Kanekar & Co. (Cha*ered Accountant)

     Dilip Jay\r'ant & Associates (Proiect Architect)
                                                                               Project Profesrion:Js

     MahaRERA registration no: P518U10O7822

     Corum: Stui Gautam Chatte4ee, Chairperson, MahaREItA

     Respondent/Promotcr did not appear
     Project professionals diti not appear.


                                              Older (Ex-l'arte)
                                              December 17,2019



1.       This is a Suo-Moto matter talen up by NIahaRERA against the ResPondent's projert'Saloni
         Enclave' whir:h is registerecl $,ith MahaRERA Registration No- P51800007822.



2.       On review of the Responden(s proiect re#stration, it is observed that the project
         regishation of the said project has lapsed on Septefrbel 18, 2018 and thereafter, no
         extension of the datc has been either sought or Branted under the provisions of the Real
         Estate (Regulation and Development) Act 2016 antl the rules and regulations made
         thereunder. Further, the details available on the project registration webpage shos' that the
         prcject is not yet compieted. Nroreover, the liespondent l1as not uploaded the Annual
                                                        1/2


                                                                               fu --.'*----- =t
                                                                               '-l
     Audit Repot of Statutory CA - Form 5 for F.Y. 17-18 and F.Y. 18-19 tjll date as required
     under the provisions oi section 4(2Xt) and section 11(1) oI the Real Estate (Rcgulation and
     Development) AcL 2016 read with Regulation 4 oI the N.lahaRERA Ceneral Regulations,
     2017.



3.   Since, drere have been no oiline complamts filed with MahaRERA in this project as yeL
     this matter was taken up as a Suo Moto Complaint and the Respondent and Project
     Professionals. associated wift the projecf were called for the hearing. No one appeared for

     the Respondent and Prcject I'rofessionats, associated with the prqect in spite service of
     notice.


4.   At this stage when the proje.t iegistration pe od has lapsed, t])e only 'ay forwa.d ra,ould
     be to protect the right of the allotbees and enable thL'm to form an Association of allottees

     who can tale an informed decision regarding carrying out th€ balance u,ork to complete
     the project.


5    In view oI the above facts, the Respondent l\vikhjl Builders is heleby directed to hanclover
     the list of allottees of the said proje(t, atoflg with their contact details, to all the allottees of
     the said project, along u'idr a copy oI this order, and to enable the allottees to form an
     association of allottees and thereafter take an informed decision pertaining to the said
     project Thereafter, the association of allottees may like to proceed under Section 7/13 of the
     Act as per the MahaRERA Order no. 8/2019 dated lvfarch 29, 2019.


6.   The Respondent is dire€ted to upload the Aturual Ardit Report of Statutorv CA - Form 5
     for F.Y. 17-18 and F.Y. 18 19 $'ithin 15 days from tle date of this Order.


Z    Consequently, the matter is hereby disposed of.

                                                                                         t"-'6t -i---f
                                                                                        tam Chatteree)
                                                                             Cfta           ),1.r11aRER,\




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