49 Kalyan projects lose registration

MahaRERA freezes bank accounts; urges civic authorities to upload CC, OC on dedicated portals

UNFAIR TRADE PRACTICES

MUMBAI: In a suo moto action, the state housing regulator, the Maharashtra Real Estate Regulatory Authority (MahaRERA), has revoked the registration of 49 projects being probed in Kalyan RERA scam for allegedly submitting fake commencement certificates for “unfair trade practices”, and directed that their designated bank accounts associated with the projects be frozen.

The order by a bench comprising came after a joint hearing at the Bandra Kurla Complex (BKC) headquarters of MahaRERA was held on October 28.

MahaRERA has also directed all departments to ensure that all statutory certificates like Commencement Certificates (CC) and Occupancy Certificate (OC) be uploaded immediately on their respective websites, as soon as they are issued. Any changes or modifications thereafter must also be immediately be updated. To further contain the damage done, the authority restrained the promoters of all 49 projects from advertising, marketing, booking, selling or offering any apartment or building for sale in any of these projects. During the physical hearing at the BKC office, only 24 out of 49 promoters or their representatives were present. Some of the advocates present sought 1. 2. 3. 4. 5. 6.

Gautam Enterprises

Om Sai Developers

Shree Balaji Developers

RMG Infra

Samarth Developers

Shri Shiv Gorakshnath Enterprises

7. DV Infra

8. Pimpladevi Construction

9. Ms Machindranath Enterprises

10. Aditya Infra

11. Valku Heritage

12. Vinayak Construction

13. Shiv Sai Balaji Buildcon

14. Vinayak Construction

15. Chirag Construction

16. Ekveera Enterprises

17. Saikrupa Developers

18. Ms Sai Developers

19. Gaondevi Construction

20. Shree Swami Samarth Enterprises

Shree Samarth Balaji Builders and Developers

22. Narayan Arcade

23. Occean Developers

24. Lakshman Heights

25. Raghukul Heights

21.

more time as a criminal investigation was launched against their clients by Thane crime branch and pleaded that no “precipitatory action” be taken against their clients till the investigation is completed. MahaRERA bench heard the advocates, took on record the written submissions made and reserved its orders.

MahaRERA observed that as per Section 4 of Real Estate (Regulation and Development) 26. Vagheshwari Developers

27. Rudra Heights

28. Saileela Developers

29. Vinayak Enterprises

30. Gaondevi Heights

31. Sunshine Developers

32. Tuljabhavani Builders and Developers

33. Saijyot Enterprise

34. Shree Sai Chaya Arcade

35. Sanskar Buildcon Builders and

Developers

36. Shree Mahalaxmi Heights

37. Gulmohan Developers

38. Vivaan Heights

39. Balaji Developers

40. Santtula Arcade

41. Om Sai Construction

42. Vishnu Shahu Construction

43. Bama Patil Shopping Centre

44. Expert Home Construction LLP

45. Green Construction

46. Vastu Developers

47. Trijal Enterprises

48. Shree Developers

49. Vinayak Vatika Builders and

Developers

Act, 2016, it is mandatory for all promoters seeking project registrations to submit the CC along with other approvals, the sanctioned plan, the layout plan and specifications of the proposed project. The Authority noted that on August 17, 2022, it had received letters from the assistant director, Town Planning, Kalyan Dombivali Municipal Corporation (KDMC) that the CCs of these 49 projects had not been issued by the corporation.