RERA revokes all 5 affordable housing projects of Mahira Homes in Gurugram

Sumedha Sharma

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Gurugram March 19

The Real Estate Regulatory Authority (RERA), Gurugram, has revoked all the five real estate projects of Mahira Infratech Private Limited and Czar Buildtech Private Limited on Monday. The authority took the revocation step after Mahira promoter failed to comply with the provisions of the RERA Act and complete constructions of all its five affordable housing projects across various sectors in Gurugram.

“The authority deems it fit to revoke the registrations of the affordable housing projects registered by this authority under the provisions of Section 7(1)(a), (b) and (d) of the Real Estate (Regulation and Development) Act 2016, Haryana Real Estates (Regulation and Development) Rules, 2017 and Regulations of the Haryana Real Estate Regulatory Authority (RERA), Gurugram,” said the order of the authority.

The authority further directed under Section 7(4) (a) that the promoter shall be debarred from accessing its website in relation to those projects and the name of the promoter shall be specified in the list of defaulters on the authority’s website.

It is further directed under Section 7(4) (c) of the Act that the concerned banks holding the projects’ bank accounts shall keep the accounts of the projects frozen till further orders. This is without prejudice to the statutory rights of the allottees under the provisions of the RERA Act 2016 and rules and regulations made thereunder, said the authority.

The authority, after going through the facts of the matter and details brought on record during the proceedings, is satisfied that the promoter has wilfully violated various provisions under the RERA Act 2016.

The authority has observed that the promoter has unlawfully diverted the amounts deposited by the innocent homebuyers in all its five projects.

It is worth noting there are five affordable housing projects of Mahira Infratech and Czar Buildtech launched in Gurgaon such as Mahira Homes Sector 68, Mahira Homes Sector 104, Mahira Homes Sector 103, Mahira Homes Sector 63A and Mahira Homes Sector 95. The authority, earlier on February 14 had inspected the construction progress at all these five project sites.

“Mahira Home promoter has defaulted on various accounts, and we are custodian of the RERA Act and must safeguard allottees’ rights. We left with no choice but to revoke the registration of all its five projects and look forward to some viable option to complete the projects,” said Arun Kumar, RERA chairman.