51 promoters summoned for U.P.RERA’s review meeting, Ready to take strict actions against 41 absent promoters.
51 promoters summoned for U.P.RERA’s review meeting, Ready to take strict actions against 41 absent promoters.
: Possibility of Bank accounts freeze
: Withholding on purchase of unit sales is possible
: Possibility of ban on new project registration
: Laps project, promoters is still selling units, may be imprisoned
: List of 41 projects released before the proceedings
On 28 March 2023, under the chairmanship of Secretary Mr. Rajesh Kumar Tyagi a review meeting of the promoters of RERA’s lapse projects took place. A total of 51 promoters were ordered to attend the review meeting. 41 promoters were absent in the meeting on which U.P. RERA is ready to take strict action.
According to Secretary Mr. Rajesh Kumar Tyagi, Promoters who are constantly absent in the Review Meeting and ignoring the orders of the Authority, now listed by the Authority and action against them will be taken soon, as per RERA rules. The proceedings include freezing of bank accounts, prohibiting their sale and purchase, their new project will not be registered by RERA. Promoters who are selling the unit despite project laps will be charged with the sections of the RERA Act and possible imprisonment. According to Section-3(1) & 59 of THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016
3. (1) No promoter shall advertise, market, book, sell or offer for sale, or invite persons to purchase in any manner any plot, apartment or building, as the case may be, in any real estate project or part of it, in any planning area, without registering the real estate project with the Real Estate Regulatory Authority established under this Act
59. (1) If any promoter contravenes the provisions of section 3, he shall be liable to a penalty which may extend up to ten per cent of the estimated cost of the real estate project as determined by the Authority.
(2) If any promoter does not comply with the orders, decisions or directions issued under sub-section (1) or continues to violate the provisions of section 3, he shall be punishable with imprisonment for a term which may extend up to three years or with fine which may extend up to a further ten per cent of the estimated cost of the real estate project, or with both.
U.P. RERA is reviewing projects whose completion date has expired but so far these promoters have not reported the completion of the projects and nor has applied for the extension of project. Such promoters are being called by the U.P. RERA Authority for review meeting but many promoters were absent in this meeting.
Secretary RERA also pointed out that RERA ACT was formed for the development of real estate sector keeping in mind the interests of promoters and buyers bot. In the real estate sector of Uttar Pradesh, any irregularity in compliance of the RERA Act will not be tolerated by the Authority and immediate action will be taken as per rules.
A list of promoters from the districts of Lucknow, Varanasi, Mathura, Kanpur Nagar, Rampur, Firozabad Agra, Barabanki, Moradabad, Raebareli, Bareilly, Gorakhpur, Aligarh, Agra and Mirzapur has been released who have consistently ignored the authority’s orders and absent from the review meeting. Authority has decided to take strict action against these promoters.
1 UPRERAPRJ13262 MANAS GARDEN EXTENSION
EDEN PROJECTS PRIVATE LIMITED
Lucknow
2 UPRERAPRJ6087 HIDE AWAY SUITES
ELIXIR BUILDCON PRIVATE LIMITED
Mathura
3 UPRERAPRJ14135 ENDEAVOUR GREEN
ENDEAVOUR BUILDERS PRIVATE LIMITED
Kanpur Nagar
4 UPRERAPRJ5878 Venessa Enfinity Heights
Enfinity world Infra Venture Limited
Lucknow
5 UPRERAPRJ17844 Europa Tower
Europa Infratech
Lucknow
6 UPRERAPRJ542850 EVERGREEN DEVELOPERS
EVERGREEN DEVELOPERS
Rampur
7 UPRERAPRJ8777 AWADHAM
FAIR FACTS INFRA PRIVATE LIMITED
Varanasi
8 UPRERAPRJ15744 COSMOS
FM INFRACITY PRIVATE LIMITED
Firozabad
9 UPRERAPRJ11539 B.K TOWER
G.P. BUILDING WORKS PRIVATE LIMITED
Lucknow
10 UPRERAPRJ6220 GOLD STAR HOMES PHASE-II
GOLD STAR REALTORS LIMITED
Lucknow
11 UPRERAPRJ431338 Golden Gateway
Golden Gateway
Mathura
12 UPRERAPRJ14317 LIBERTY ENCLAVE
GOLDMARK INFRAESTATE PRIVATE LIMITED
Barabanki
13 UPRERAPRJ12359 Aarush Greens
Grand Infrahitech Pvt. Ltd.
Moradabad
14 UPRERAPRJ16025 GREEN INDIA BIOTECH FORESTRY LIMITED
GREEN INDIA BIO TECH FORESTRY LIMITED
Raebareli
15 UPRERAPRJ10536 GSR CENTRE POINT
GSR Builders & Developers (P) Ltd
Lucknow
16 UPRERAPRJ764624 ANANTA
HALWASIYA DEVELOPMENTS PRIVATE LIMITED.
Lucknow
17 UPRERAPRJ17614 RIDDHI RESIDENCY HARI BANSH SHUKLA
Gorakhpur
18 UPRERAPRJ13990 HERITAGE GREEN
HERITAGE GREEN INFRASTRUCTURES
Barabanki
19 UPRERAPRJ17492 NAVODAYA HOMES
Himalyan Nirman
Bareilly
20 UPRERAPRJ11584 TIRUPATI PARADISE
HOME HEIGHT REAL ESTATE PRIVATE LIMITED (OPC)
. Barabanki
21 UPRERAPRJ13654 AWADHPURAM
HYADES INFRA PROJECTS PRIVATE LIMITED
Lucknow
22 UPRERAPRJ100458 IMPERIAL ASHIYANA PHASE-1
IMPERIAL GREEN INFRATECH PRIVATE LIMITED
Barabanki
बाराबंकी
23 UPRERAPRJ15684 VIVEK VIHAR
ISHANIKA SIGNATURE PVT.LTD. Barabanki
24 UPRERAPRJ11109 Vaibhavi Apartments
jaivaibhavi infraprojects pvt. ltd.
Varanasi
25 UPRERAPRJ13879 K.C. Residency
K C RESIDENCY
Lucknow
26 UPRERAPRJ11045 KALYANI HEIGHTS
KALYANI BUILD-WELL PRIVATE LIMITED
Agra
27 UPRERAPRJ14196 OMKAR DAFFODILS
Kamdhenu Realty Pvt Ltd
Lucknow
28 UPRERAPRJ11559 GURU KRIPA TOWN
KAMPURI REAL ESTATE PRIVATE LIMITED
Agra
29 UPRERAPRJ5801 Golf Vista Tower A2 & A3
KG CONSTRUCTIONS
Lucknow
30 UPRERAPRJ11401 TWINSPIRE
KHAN AND BROTHERS INFRATECH PVT LTD
Aligarh
31 UPRERAPRJ13088 Kings Palace
Kings Palace Developers
Moradabad
मुरादाबाद
32 UPRERAPRJ10162 Navsheel Tower
KISHORE BANDHU PRIVATE LIMITED
Kanpur Nagar
33 UPRERAPRJ446268 Blue Square Homes
KREATIVE INFRAZONE PRIVATE LIMITED
Agra
34 UPRERAPRJ11719 SHREE ARDHYA ESTATE KRISHNANJALI BUILDERS AND DEVELOPERS
Mathura
35 UPRERAPRJ427068 Shri krisna tower
KUNJBEHARILAL REALTY PRIVATE LIMITED
Mirzapur
36 UPRERAPRJ12457 L. K. SHAKTI PALACE
L&KVISION INFRASTRUCTURE PRIVATE LIMITED
Lucknow
37 UPRERAPRJ9584 LAJPAT NAGAR – 2
LUBNA ABDULLAH
Moradabad
38 UPRERAPRJ135400 Development of housing project at Aurangabad Khalsa by Lucknow Municipal Corporation.
Lucknow Nagar Nigam
Lucknow
39 UPRERAPRJ16277 Periwinkle and Glory
M TECH DEVELOPERS CORPORATION
Lucknow
40 UPRERAPRJ3980 MANJARI HEIGHTS
M/s Manjari Developers
Lucknow
41 UPRERAPRJ994333 Garden Bay Villa Phase 1 Extension
M/s Shalimar KSMB Projects
Lucknow