OFFICE COPY
REGISTRATION NO. 48 of 2O2g
RC/REP/HARERA I GGM I 7o4 / 436 / 2023 I 48 Date:29.O3.2O23
UNIQUE NO. GENERATED ONLINE RERA-GRG-PROJ- 1 33 1 -2023
REGISTRATION CERTIFICATE
REAL ESTATE PROJECT
M3M GOLF HILLS PHASE 1
HARERA
GURUGRAM
HARYANA REAL ESTATE REGULATORY
AUTHORITY GURUGRAM
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ENGINEERING OFFICER
REGISTRATION NO. 48 of 2023
FORM 'REP-III' [See rule 5 (l)]
HARYANA REAL ESTATE REGULATORY AUTHORITY
GURUGRAM
HARERA
GURUGRAM
REGISTRATION NO. 48 of 2oi23
RC/ REP/ HARERA/ ccM I 7 04 I 436 / 2023 I 48 | Date: 29.03.2023
UNTQUE NO. GENERATED ONLTNE IRERA-GRG-PROJ- r33r-2o23
REGISTRATION CERTIFICATE
REAL ESTATE PROJECT
M3M GOLF HILLS PHASE 1
DTCP, Haryana has approved the phasing in the project and allowed the promoter
to develop the project in 5 phases. This registration is granted for phase 1 based on
the approval of building plan and zoning plans by DTCP, Haryana vide memo no.
ZP-L714/JD(RA)/2O2317411 dated 13.03.2023 for development of the project in
phases.
1. This registration is granted under section 5 of the Real Estate
(Regulation & Development| Act, 2OL6 to the following project.
{A} PARTTCULARS OF THE PART OF PROJDCT REGISTERED
s.N. Particulars Details
(i) Name of the project M3M GOLF HILLS PHASE 1
(ii) Location Sector-79, Gurugram
(iii) License no. and validity 19 of 2Ol9 dated 1I.O2.2O19 valid upto 1O.O2.2O24
(iv) Total licensed area of 53.3833 acres
the project
(v) Area of project for 20.0438 acres
registration
(vi) Nature of the project Group Housing under NILP Policy
(vii) Total FAR area of the 1,7L,9O4.529 sqm
phase
(viii) Number of Towers 11 Towers
(ix) Number of units 1309 Residential Units
(Bl NAME OF THE PROMOTERS
s. N. Particulars Details
(i) Promoter l/License M/s Loon Land Development Ltd., Surat Singh S/o
holders Ramchander and Others
(ii) Promoter 2l C}:arrrge of M/s Loon Land Development Ltd.
Developer
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ENGINEERING OFFICER
REGISTRATION NO. 48 ot2023
(c) PARTTCULARS OF THE PROMOTE;R 2l DEVELOPER
S. N. rParticulars rDetails
(i) Name M/s Loon Land Development Ltd.
(ii) Registered Address Office No. 1221-A, Devika Tower, 12th Floor, 6,
Nehru Place. New Delhi - 110018
(iii) Corporate Office 10th Floor, M3M Urbana Business park, Tower A,
Address Sector- 67, Gurugram, Har5rana - l22LO2
(iv) Local Address 7th Floor, M3M Urbana Business Park, Tower A,
Sector- 67, Gurugram, Haryana - r22102
(v) CIN u70 1 09DL20 L 4PLC267 465
(vi) PAN AACCL6TO54
(vii) Status Active
(viii) Mobile No. 97tL-348-349
(ix) Landline No. ot24-4732-OOO
(x) Email-Id loonlanddevelopmentltd@gmail. com
(xi) Authorized Signatory Sh. Bharat Vigmal
(D) PARTICULARS OF BANK ACCOUNTS
s. N. Type ofbank account Account No Branch name of the bank
(i) Master Account of the 777705002923 ICICI Bank Limited & M3M
Project (100%) Tee Point, Sector-65,
Gurugram
(ii) Separate RERA account of 777705002924 ICICI Bank Limited & M3M
the project (7oo/o) Tee Point, Sector-65,
Gurugram
(iii) Free account of the 777705002925 ICICI Bank Limited & M3M
promoter of the project Tee Point, Sector-65,
(30%) Gurugram
(El VALTDTTY OF REGTSTRATTON
The registration of this project shatl be valid for the period commencing from 29tn
March 20123 and ending with 28tt Febnrary 2O31 (completion date as declared by
the promoter in REP-II) unless extended by the Authority in accordance with the Act
and rules made thereunder subject to compliance of provisions of rule 5(1) of the
Haryana Real Estate (Regulation and Development) Rules,2OlT.
This registration certificate is based on the information supplied by the promoter and
an authenticated detailed project information (DPI) and declaration by the promoter
is annexed herewith, which shall be read as part of this registration certificate.
(F) CONDTTTONS OF REGTSTRATTON
2. This registration is granted subject to the following conditions, namely:
-
(i) The promoter shall enter into an agreement for sale with the allottees as
prescribed in the Haryana Real Estate (Regulation and Development) Rules,
2Ol7 and amended as per requirements and approved by the authority.
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REGISTRATION NO. 48 of 2023
(ii) The promoter shall offer to execute and register a conveyance deed in favour
of the allottee or the association of the allottees, as the case may be, of the
unit/apartment, plot or building as the case may be, as per section 17 of the
Act;
(iii) The promoter shall convey/allow usage of common areas as per Rule 2(1)(f) of
the Haryana Real Estate (Regulation and Development) Rules,2Ol7.
(iv) The promoter shall deposit seventy percent of the amounts realized by the
promoter in a separate account to be maintained in a schedule bank to cover
the cost of construction and the land cost to be used only for that purpose as
per sub-clause(D) of clause (1) of sub-section (2) of section 4;
(v) The registration shall be valid for a period as mentioned above under the head
"validity of registration" subject to validity of licenses granted by DTCP and
promoters shall be bound to obtain prior renewals thereof.
(vi) The promoter shall comply with the provisions of the Real Estate (Regulation
& Development) Act, 2016 and the Haryana Real Estate (Regulation and
Development) Rules, 2017 as applicable in the State and regulations made
thereunder applicable in the jurisdiction of this authority;
(vii) The promoter shall not contravene the provisions of any other law for the time
being in force as applicable to the project.
(viii) The promoter shall comply with all other terms and conditions as mentioned
in the attached detailed project information (DPI) and as conveyed by the
Authority from time to time.
(ix) The apartment or building shall be sold only on carpet area basis and not on
super area basis and the total sale consideration shall be inclusive of all
charges. No separate EDC/IDC are payable by the allottees except the total
sale consideration.
Attention is invited to model agreement for sale provided in the Haryana Real
Estate (Regulation and Development) Rules, 2OL7. (Term 1.2)
Explanation:
(t) The Total Price as mentioned aboue includes the booking amount paid bg
the allottee(s) to the Promoter towards the Plot/Unit/Apartment for
Residential/ Commercial/ Industrial/ IT/ anA other usage (as the case
nag be) along uith parking (if applicable);
(it) The Total Price as mentioned aboue includes Taxes (GST and Cess or any
other taxes/fees/ charges/leuies etc. uthich mag be leuied, in connection
withthe deuelopment/ construction of the Project(s)) paid/ pagable bg the
Promoter up to the date of handing ouer the possession of the
Plot/ Unit/ Apartment for Residential/ Commercial/ Industiat/ IT/ anA
other usage (as the case maA be) along with parking (if applicabte) to the
allottee(s)orthe competent authoritg, as the ca"se maA be, afier obtaining
the necessary approuals from competent authoritg for the purpose of such
possession;
Prouided that, in case, there is ang change/ modifi.cation in the
taxes/ charges/fees/leuies etc., the subsequent amount pagable bg the
allottee to the promoter shall be increased/ decreased based on such
clnnge/ modification.
(x) The attention of the promoter is invited to the definition of common areas
provided in section 2(n) of the Real estate (Regulation and Development) Act,
2OL6. Section 2(n) of the Real Estate (Regulation and Development) Act, 2016
is reproduced as under:
CHECKED
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ENGINEERING OFFICER
REGISTRATION NO. 48 of 2023
"common areas" mean-
(i) the entire tand" for the real estate project or uhere the project
is
deueloped in phases registratioi ind.er this Act is soigit
phase, the entire land-and for a
for that phase;
(it) the staircases, /i/s, staircas-e and. lifi lobbies,
common entrances and exits of buildings;
fire escapes, and
(iii) the common basements, terrice", poik", prag areas, open parking
areas and common storage spaces;
(iu) the premises foy the todging oyp"r"on" emproyed.for
the management
of the propertg incruding accommodationfir iatcn and.
ward {toy6 o,
for the lodging of communitg seruice perionnel;
(u) installations of centrar seruices suih as electricitg, gas, water
and.
sanitation, air-conditioning and. incinerating, system
conseruation and renewable energA ; for water
(ui) the uater tanks, sumps, motorsl,'fans, compre.ssors, ducts and. ail
apparatus connected uith installations
(uiil for common use;
all mmmunitg and commercial facititiei as prouided in the real estate
project;
(uiii) all other portion_of the project necessa.ry or conuenient
safetg, etc., and in common use;
for its maintenance,
(xi) 'l'he sale shall not be permitted through
real estate agent without availability
of prospectus/brochure containing necessary details and a set of drawings
and approvals with the real estate agent regisiered with the HARERA. In
case
of introduction of new real estate agent o. of real estate agent
as mentioned in the DPI, the promoter shall "hu,rrg./deletion
inform the same to the authorftv
(xii) There shall not be any subvention scheme/ assured returned
f* tt*
registered project without prior approval of the authority. ""h".r"
(xiii) The promoter at the time of booking and issue of allotment
letter shall be
responsible to make available to the allottee, the following information,
namely-
(a) Sanction plmr layout plans along with specification, approved by the
competent authority, by display at the site or such other ptu."" as may be
specified by the regulations made by the authority
(b) The stage wise time schedule of completion of the project including the
provisions for civic infrastructure like water, sanitation and electri"ity.
[Obligation of the promoter under section 11(3)l
(xiv) The promoter shall enable the formation an association
of allottees or society
or co-operative society, as the case may be, of the allottees, or a federation of
the same shall be formed, within a period of three months of the majority of
allottees having booked their apartment/building/plot and inform the
authority about the AOA.
[Obligation of the promoter under section 11(4)(e),]
(xv) At the time of issue of allotment letter an application form for
membership of
the association of allottee shall be got filled up from the allottee.
The promoter shall incorporate a condition in the allotment letter that buver
of unit shall enroll himself as a member of association of allottee to "be
registered for this project.
I
Every allottee of the apartment, plot or building as the case may be, shall
participate towards the formation of an association or society o. l
l
society or the allottees, or a federation of the sarne. "o.porative I
[Duty of the allottee under section 19(9)l I
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REGISTRATION NO. 48 of 2023
(>rvi) The promoter shall issue the allotment letter as per draft annexed in the
detailed project information which is duly approved by the authority and
authenticated by the promoter. In case, the promoter wants to amend certain
conditions/clauses, a separate application with justification for such
variation/change be submitted for consideration of the Authority and till such
change is allowed, the draft allotment letter shall be followed as approved by
the authority with the DPI or as per directions issued by the authority.
(xvii) The promoter shall declare details of the unit along with specifications,
payment plan and time for handing over of possession of unit after obtaining
all required approvals from the competent authority.
(xviii) As per section 13(1), the promoter shall not accept a sum more than ten per
cent of the cost of the apartment, plot, or building as the case may be, as an
advance payment or an application fee, from a person without first entering
into a written agreement for sale as prescribed with such person and register
the said agreement for sale, under any law for the time being in force.
(xix) The promoter is obligated to take various approval/renewals whenever due on
time, from the competent authorities. Any failure in this regard will invite
stringent action as per the provision of the law against the promoter.
(xx) The promoter shall comply with the requirement of section 11(1) and submit
the quarterly up-to-date status of the project for each quarter.
(xxi) The promoter shall complete the construction of community sites within the
completion period declared under section 4(2)(l)(C) of the Act,2016 and any
failure would attract stringent action and penal proceedings.
(xxii) The authority reserves its right to initiate penal proceedings for violation of
various provisions of the Real Estate (Regulation & Development) Act, 2016
and rules and regulations made thereunder.
(Gl CoMPLTANCES TO BE MADE By THE PROMOTER
(i) The promoter shall submit the Approved Service Plan and Estimate and Fire
Scheme approval within 3 months and Environment Clearance within 6
months from the issuance of the registration certificate
(ii) The promoter has submitted the three Cheques of ICICI Bank having no.
OOO7O4,000705 and 000706 dated L3.O3.2O23 amounting to Rs. 25 lakhs
each as a security amount towards the submission of Approved Service Plan
and Estimate, Fire Scheme approval and Environment Clearance. These
cheques shall be forfeited in case the respective conditions are not fulfilled
by the promoter within the stipulated time period mentioned in the
conditions.
(iii) The promoter is directed to specifically mention on the prospectus and other
relevant literature including notices that the project is being developed by
M/s Loon Land Development Ltd. which a fully owned subsidiary M/s M3M
India Rrt. Ltd.
(iv) The promoter shall comply with the requirement of section 4(2)(1)(D) and get
his accounts audited within six months after the end of every financial year
by a chartered accountant in practice, and shall produce a statement of
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ENGTNEERTNG OFFTCER
REGISTRATION NO of 2023
accounts duly certified and signed by such
that the amounts"fr*
colected for a particurar project
*J:l':::,1_:1,:::l::y,
have been utilized for that project and
the withdraw;;;;
with the proportion to the percentage of completion
;# ffiffi}'"'J
of the project. All such
pending compliances after coming into
force of the Real Estate (Regulation
and Development) Act, 2016 shall be submitted
in the authority within a
period of three months.
Thepromoterisdirectedtoclearthetitleortr,"@
and if due to the above ritigation, any
IL-_1,:1:1".1:::T:.11".:jfssession
allottee gets the defective title of land and in
case
"", "";;.J;';#
tlrS iana then the a-lrottee"twourd
:::j:-i:i::1":.::I :i in section Lg(2)
compensation as provided
be entitred to get
of the Act.
If the above-mentioned conditions are ,rot frrt
f :*iJ,.irT:::::::1,"_*lhority*.vt.a"-iu.""""ryactionagainstthe
promoter including revoking the r-egistraiion granted therein, q,S.rursL LIIG
and the rules and regulations madJthereundfr. as per the Act
,&
Dated : 29.03.2023
Place : Gurugram
wl
HARERA
GURUGRAM
(Arun Kumal Guptaf
Chairman
Haryana Real Estate Regulatory
Authority, Gurugram
OFFICE COPY
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HARERA
GURUGRAM
