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Property Related Laws Haryana Department of Town and Country Planning Real Estate (Regulation and Development) Act, 2016

Objections or suggestions not required for allowing the change in the beneficial interest in case the Project is not registered with Haryana Real Estate Regulatory Authority (HRERA)

30-Aug-2022 | No. LC-4727/JE(MK)/2022 26260-62

The Town and Country Planning Department, Haryana released a policy on 18.02.2015, governing the procedure for a change in beneficial interest, viz, change in the developer; assignment of joint development rights and/or marketing rights, etc in a license granted projects wherein it is stated that in the projects where third-party rights stand created, objections regarding the change in Developer shall be invited from the allottees through a public notice as well as notice under registered cover.
Now, the Department has issued an order stating that in cases where the project has neither been registered with Haryana Real Estate Regulatory Authority (HRERA) nor any third-party rights have been created in the project there is no need for inviting objections or suggestions as per the policy dated 18.02.2015 (attached below).

For more details, refer to the attachment.

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