Gurugram builder’s licence cancelled over ‘cast and fabricated financial institution ensures’ : The Tribune India


Tribune Information Service

Geetanjali Gayatri

Chandigarh, Could 10

The Directorate of City and Nation Planning (DTCP) has cancelled the licence granted to a non-public builder of an inexpensive housing mission within the Gurugram-Manesar city complicated following complaints of “cast and fabricated financial institution ensures”.

The HRERA, in a letter despatched by the DTCP, has been urged to freeze the account of the corporate and cancel the registration of the mission with rapid impact.

To make sure the allottees don’t undergo on account of the cancellation of licence, the division will take over the mission and guarantee its completion.

The licence for the inexpensive group housing colony in Sector 68 was granted to Mahira Infratech Pvt Ltd (previously often called Sai Aaina Farms Pvt Ltd) in 2017.

Nevertheless, the division started receiving complaints of violations relating to the licensed land, cast financial institution ensures, cast signatures on the collaboration settlement and different paperwork submitted on the time of grant of licence. Quite a few different deficiencies had been discovered within the paper work.

Although an interim order, development was stopped in 2020. Since third occasion rights had been created, it was determined to cancel the licence and take over the mission.


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