Risland Holdings gets nod to resume realty project, sales in Delhi

Dated on: Monday 3rd July 2023

Risland Holdings, a Hong Kong-based company, has been granted permission by Delhi's Real Estate Regulatory Authority (RERA) to recommence construction and sales for its inaugural project in India. The project, located in Chattarpur, South Delhi, had faced a halt of approximately nine months due to incomplete documentation. Both the building sanction plan and the RERA registration had expired, and the Municipal Corporation of Delhi (MCD) and RERA had previously refused to extend the validity of these documents owing to a dispute over land ownership.