New Delhi: The Uttar Pradesh RERA Authority (UP-RERA) has penalized Omaxe BuildHome Pvt Ltd, Prateek Realtors India Pvt Ltd, Supertech Ltd, Unitech, Ansal API, Ansal Housing and many other developers for failing to set quarterly targets in their registered projects as envisaged under the law.
As of 30th August 2019, the authority has penalized the following promoters and their projects:
OmaxeBuildhome Pvt Ltd
G.H. Scheme (Omaxe Riyaasat) on Plot No. GH-I,II, (RERA ID-UPRERAPRJ6157)
Omaxe India Trade Centre Pvt Ltd
India Trade Centre (RERA ID-UPRERAPRJ6205)
Prateek Realtors India Pvt Ltd
Prateek Grand City Walk (Carnesia) (RERA ID-UPRERAPRJ13828)
Supertech Ltd
Emerald Court Phase II (Apex & Ceyane) (RERA ID-UPRERAPRJ11486)
Green Village PHASE-I (RERA ID-UPRERAPRJ5758)
Meerut Sports City PHASE-I (RERA ID-UPRERAPRJ5767)
Supertech Realtors Pvt Ltd
Supernova Phase-II (SPIRA) (RERA ID-UPRERAPRJ5720)
Unitech Hi-Tech Developers
Unitech Amber (RERA ID-UPRERAPRJ11280)
Unitech Burgendy (RERA ID-UPRERAPRJ11291)
Unitech Ltd
Unihomes Phase-2 (RERA ID-UPRERAPRJ11352)
Uniworld Garden (RERA ID-UPRERAPRJ11357)
Unitech Residences (RERA ID-UPRERAPRJ11368)
Unitech G&H (RERA ID-UPRERAPRJ11443)
Unitech exquisite (phase-4) (RERA ID-UPRERAPRJ11471)
Unitech Habitat (RERA ID-UPRERAPRJ11153)
Unihomes-3 (RERA ID-UPRERAPRJ11251)
Ansal Properties & Infrastructure Ltd
ANSAL APIGH7(EWS/LIG) (RERA ID-UPRERAPRJ10146)
ANSAL API-EWS/LIG (RERA ID-UPRERAPRJ10147)
ANSAL API-EWS/LIG (RERA ID-UPRERAPRJ10150)
ANSAL API Sushant Taj City Plots Zone-2 (RERA ID-UPRERAPRJ11157)
ANSAL API Sushant Taj City Plots Zone-3 (RERA ID-UPRERAPRJ11209
Shopping Complex-2, Pocket-2, Sector-A (RERA ID-UPRERAPRJ2559)
ANSAL API- Gold Gateway Tower B-2, GH-3, SEC-H, SU (RERA ID-UPRERAPRJ3331)
ANSAL API-Green Field Residential Tower C1 & C2, GH (RERA ID-UPRERAPRJ3545)
ANSAL API – Misty Homes GH-3 Pocket 5 Sector G SUS (RERA ID-UPRERAPRJ4782)
Ansal API- GH-1, Sector I, Pocket A (RERA ID-UPRERAPRJ4994)
Ansal API- GH 1 Sector I, Pocket B (RERA ID-UPRERAPRJ5035)
Sushant Taj City Aastha/Kalpana Phase1 (RERA ID-UPRERAPRJ5466)
ANSAL API-GH-3, Sector-M, Block-D, Sushant Golf City (RERA ID-UPRERAPRJ5524)
ANSAL API-GH-3, Sector-I, Sushant Golf City (RERA ID-UPRERAPRJ5540)
Sushant Taj City EWS LIG Phase-1 (RERA ID-UPRERAPRJ5593)
Sushant Taj City BUILT UPS (RERA ID-UPRERAPRJ5700)
Sushant Taj City PLOT ZONE-4 (RERA ID-UPRERAPRJ6713)
Ansal Housing Ltd
Ansal Sumangalam Corporate Suites (RERA ID-UPRERAPRJ2504)
Ansals Elegance Tower C (RERA ID-UPRERAPRJ2538)
According to Section 11 sub-clause 1, of the Real Estate (Regulation and Development) Act, 2016, promoters of real estate companies are mandated to set both physical as well as financial targets during registration of their projects.