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Haryana Real Estate Regulatory Authority (HRERA), orders a forensic audit of Mahira Group’s five Residential projects in Gurgaon.

According to the Directorate of Town and Country Planning order, the developer forged bank guarantees and the fake signatures of bank officials on the documents that will submit to the DTCP for acquiring the licences of its residential projects in Gurgaon.

The HRERA has ordered forensic audits of Mahira group on all five residential projects in Gurgaon Sectors 63, 68, 95, 103 and 104.

This step took after the reports proclaiming gross irregularities by the developer in acquiring the licences for these projects.

The department of DTCP has blacklisted the Mahira group and shareholders last month. Because of their fabricated bank guarantees and the forged signature of the bank officials for acquiring the licences of its residential projects in Gurgaon.

Now, for the investigation of these housing projects, HRERA has appointed an executive monitoring engineer and directed the Mahira group to Submit documents.

According, to K K Khandelwal the chief of the Gurgaon HRERA Branch, their officials have visited the site of these affordable housing projects and submitted a report about their work and the physical status of the projects as well.

According to the reports, claimed the developer did not submit quarterly progress reports of the projects and construction at the site doesn’t seem in accordance with the payments collected from the buyers as well.

By taking action on complaints the HRERA Authority ordered the company to complete details of projects within 7 Days including the overall amount collected from allottees so far, bank details where the payments were received, withdrawal from the accounts and annual audit report of last two financial years.

The authority further ordered a forensic audit of the project accounts and fixed audit fees of Rs 50,000 to will paid by the developer and appointed RERA executive monitoring engineer JS Sindhu for conducting the enquiry.

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