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Pre-launch offer lands Haryana builder in trouble

Postby dheerajjain » Sat Sep 08, 2012 2:02 pm

Good thing that DTCP is now taking note of pre-launch advertisements and NOT mentioning details of licence, plans, schools etc. with advertisement (Please refer to haryana-lays-down-details-mandatory-for-realty-ads-t649.html). DGTCP (Director General, Town and Country Planning) NOT only rejected fresh application but also initiated legal action and cancellation of exisiting licence. Times of India, June 30, 12 reports:

http://articles.timesofindia.indiatimes ... -t-c-gupta

Pre-launch offer lands Gurgaon builder in trouble

Manveer Saini, TNN Jun 30, 2012, 03.10AM IST

CHANDIGARH/ GURGAON: Advertising the pre-launch offer of residential flats before building plans were approved has landed a New Delhi-based Gurgaon colonizer in the soup, who is now facing the threat of losing his licence.

The director general (DG) of town and country planning (TCP), T C Gupta, on Friday turned down the application of Aurochem Buildprop Pvt Limited, the colonizer, for an additional license for group housing colony on 9.39 acres of land in Sector 112, Gurgaon.

In his orders issued on Friday afternoon, T C Gupta, the DG also informed about initiating the proceedings of cancellation of the main license of the colonizer.

The order accessed by TOI mentioned, "It is evident that you have indulged in malpractice which can't be ignored by the department. Whereas, legal action is being taken with regard to the main licence, no additional licence can be granted since the legal status of the main license itself is clouded."

Enquiries revealed that the action by department followed the advertisements issued by Earth Infrastructure Ltd, a company which announced the pre-launch offer of flats to be developed by Aurochem Buildprop, who was accorded the licence.

It is alleged that the Earth infrastructure released the advertisements much before the building plans were approved by the town and country planning department. According to official records, the colonizer was given a license to construct a group housing colony on the land measuring 10.318 acres of land in Sector 112.

While the process of approval of building plans of flats of approved colony was in progress, Earth Infrastructure Ltd released the advertisement of pre-launch offer. At the same time the colonizer applied for an additional license on the land measuring 9.39 acres.

"The advertisement of pre launch offer was released in the month of August and September 2011 whereas the building plans of the colony were approved in the month of December. Secondly, the advertisement did not have the necessary details like license number etc. Thirdly, the advertisement was issued by the company which had no records, including a request of even of transfer of licence from the licencee to Earth Infrastructure, hence this is a breach of trust," T C Gupta said.

Meanwhile, the department has asked the local authorities to ascertain the details of bookings done by Earth Infrastructure limited or any other agency hired by colonizer for the sale of flats during the pre-launch offer.
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