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UP-RERA begins inspection of all 3C developers projects

UP-Rera, the state’s real estate regulator, has begun an audit of all construction sites the belong to the 3C Company, whose subsidiary Granite Gate — the firm behind the Lotus brand of projects — is facing insolvency proceedings at the National Company Law Tribunal (NCLT). Insolvency resolution

BY Realty Plus
Published - Aug 31, 2019 4:21 AM

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UP-Rera, the state’s real estate regulator, has begun an audit of all construction sites the belong to the 3C Company, whose subsidiary Granite Gate — the firm behind the Lotus brand of projects — is facing insolvency proceedings at the National Company Law Tribunal (NCLT). Insolvency resolution proceedings are already on at Lotus Panache, Boulevard and Zing. UP-Rera officers said they had started ground inspections of all 3C projects to see if construction work was in progress at the sites.

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