THE Department of Human Settlements and Urban Development’s Regional Office-7 has clarified that non-compliant applications, rather than regulatory delays, caused the pending licenses to sell for several real estate developments of Cebu Landmasters Inc. in Central Visayas.
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The Department of Human Settlements and Urban Development (DHSUD) Regional Office 7 said Tuesday it issued notices of deficiency to Cebu Landmasters Inc. (CLI) over incomplete or non-compliant applications for licenses to sell for several projects in Central Visayas.
DHSUD-7 regional director Mark Anthony Lindugan said some CLI projects were issued Notices of Deficiency of Requirements (NDRs) because of insufficient submissions and compliance issues.
“Based on records, the non issuance of license were associated with various regulatory and compliance concerns, including discrepancies in building permit classifications, the conversion of Temporary Licenses to Sell (TLS) to Regular LS, and pending documentary requirements,” Lindugan said.
“Some projects were likewise issued NDRs due to incomplete submissions, non-compliance with applicable standards or the need for technical rectification and referral back to the concerned Local Government Units,” he added.
Projects with pending deficiencies
Among the CLI projects with pending deficiencies and other compliance concerns are North Grove at Pristina Town Towers 1 and 2, Alto Ranudo, Mirani Homes Bogo and Casa Mira South Phase 4B.3, according to DHSUD.
The agency said compliance with the outstanding requirements rests with the developer.
CLI chief executive officer Jose Franco Soberano was earlier quoted in media reports saying the company deferred the launch of at least four development projects because their licenses to sell remained pending.
Decline in project launches
The postponements reportedly contributed to an 82 percent decline in project launches compared with the previous year.
Lindugan rejected suggestions that regulatory delays were responsible for the deferred launches.
“It is inaccurate to put blame on the delays to regulators when they submitted deficient application,” Lindugan said.
“As regulators, we are mandated to strictly enforce existing laws and regulations without shortcuts for the protection of homebuyers, to ensure compliance to standards and the integrity of each project development. We cannot approve applications with deficiencies,” he added.
