Haryana Real Estate Regulatory Authority (H-Rera) has asked Mahira Homes to deposit deficit amounts in the regulator’s accounts. The builder will face revocation of the authority’s registration and an FIR if it fails to comply with the directive.
The chairman visited all the project sites after meeting the representatives, according to a statement. The projects in Sector 63A, 68, 95, 103, and 104 are being developed by Mahira developers, it said.
The company said that it has secured RERA registration for the housing project and expects to generate a topline of Rs 1,800 crore from the sale of 248 luxury apartments in the high-rise project.
"If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of the Act," said the authority.
"If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of the Act," said the authority.