Shree Vardhman Group

What the state’s files say.

• 5 licences granted to them, 2007 to 2019, 91 acres, 3 sectors, in the Haryana Town & Country Planning roll.
• 0 of 5 licensed colonies carry an occupation certificate — the state’s sign-off that a building may be lived in. The median across the 54 developers with enough licences to measure is 25%.
• 1 of 6 decided applications were refused (2018) — 17%. A developer who files many applications collects more refusals than one who files three; the share is the number to read.
• 18% of declared project cost goes to development charges and taxes, median across 5 of their own RERA filings. This is the line brochures leave out.
• 99% booked at the last filing, median across 4 projects. Filed figures carry their own date and are often years old; low is not automatically bad on a recent launch.
• 20 months median gap between the completion date first filed and the date later revised to, across 3 filings. Their own figure, not our estimate.
• 1 of 5 registrations we matched to Haryana RERA have lapsed. A lapse can be routine or serious; ask us which.

Every line states how many records it rests on. Where a developer has too few for a figure to mean anything, the line is not here.

A record is evidence. The verdict is yours.

A low occupation-certificate share is normal for a developer whose launches are still under construction, and alarming for one whose portfolio is twenty years old. A refusal can be a boundary dispute settled the next year. We publish what is checkable.

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