Haryana’s Town and Country Planning Department has debarred Parsvnath Developers Ltd and its seven directors from the grant of any further licence in the state “on account of various irregularities”.
Parsvnath Developers Ltd had four licences in Sonepat, granted in 2006, one in Panipat, granted in 2007, and another in Rohtak, granted in 2010, over a total of 530.19 acres. The licences had long since expired.
The licence for a residential plotted colony over 118.31 acres in Sectors 9, 17, and 10 of Sonepat was valid till April 24, 2019. Another residential plotted colony license over 84.16 acres in Sector 8, Sonepat, was valid till May 7, 2019. A residential group housing license covering 18.94 acres in Sectors 10 and 11, Sonepat, was valid till September 26, 2015, and another residential group housing license covering 28.11 acres in Sectors 9 and 18, Sonepat, was valid till October 5, 2017.
The licence for a residential plotted colony covering 162.48 acres in Sectors 38 and 39, Panipat, was valid till March 30, 2021.
The Rohtak plotted colony licence over 118.19 acres in Sectors 33A and 33 was valid till May 6, 2014.
In the order debarring Parsvnath Developers, dated May 14, the Director, Town and Country Planning Department, Amit Khatri, cited two FIRs registered against the coloniser for cheating and criminal breach of trust. One FIR was registered in 2020 at the Barakhambha Road police station in New Delhi, in which a section for criminal conspiracy was also mentioned. Another was registered in 2024 at the same police station in New Delhi.
The Town and Country Planning order added that “various complaints of the general public have been received regarding cheating, fraud, and non-compliance of the commitment made during the selling of plots/flats”. It further said that Haryana Real Estate Regulatory Authority (HRERA) “has also passed various orders against the licensee company.”
Parsvnath Developers has even failed to deposit Rs 333.31 crore as on September 19, 2024, against External Development Charges (EDC) and Infrastructure Development Charges. Also, the licences are not valid up to date and the builder has also failed to submit licence renewal applications, added the order.
Director, Town and Country Planning Department, further said that “the tendency of the licensee is not respectful” towards the provisions of the Haryana Development and Regulation of Urban Areas Act, 1975 and its Rules, 1976, and hence “as per the provisions of section 12” of the Act, Parsvanth Developers and its Directors involved at the time of commencement of offence are restrained from taking new licences in the future.
The names of directors who have been debarred are Deepa Gupta, Rakshita Sharma, Rajeev Jain, Pradeep Kumar Jain, Sanjeev Kumar Jain, Subhash Chander Setia and Ashok Kumar.
