Haryana RERA levies a Rs 50 lakh penalty on Birla Estates in Gurugram

GURUGRAM: The Haryana Real Estate Regulatory Authority (H-Rera) has slapped a substantial fine of Rs 50 lakh on Birla Estates Pvt Ltd for promoting a housing project that lacked proper registration, breaching critical provisions of the Real Estate (Regulation and Development) Act, 2016.

The authority discovered that Birla Estates had started advertising its forthcoming group housing venture, Birla Akira, located in sectors 31 and 32A, prior to securing the mandatory registration approval.

According to Section 3 of the 2016 Act, developers are prohibited from marketing or promoting projects without first obtaining registration from the regulatory body.

H-Rera emphasized that Birla Estates would only be granted its registration certificate upon meeting three specific requirements: submitting all outstanding documentation, completing the online DPI (Detailed Project Information) process, and settling the Rs 50 lakh penalty in full.

The authority’s actions were not limited to Birla Estates alone, as it also imposed penalties of Rs 25 lakh each on three other developers for failing to adhere to project completion timelines as mandated under Section 4(2)(l)(C) of the RERA Act.

In a related enforcement move, H-Rera directed the forfeiture of security deposits totaling Rs 2.2 crore from six developers found guilty of violating registration stipulations. The companies impacted by this measure include 1000 Trees Housing, Keystone World, JMK Holdings, TARC Ltd, Mapsko Builders, and Aviana Green Estates.

Issuing a strong caution to Birla Estates and the broader developer community, the authority underscored that any future attempts to market unregistered projects would invite harsher legal repercussions.

The order explicitly stated, “The promoter M/s Birla Estates Pvt Ltd is directed to refrain from engaging in or permitting any other entity to sell units in unregistered projects, failing which stringent legal consequences will ensue.”