IN MUMBAI, GOEREGAON WEST(MG ROAD), REDEVELOPMENT OF UNNANAT NAGAR-I, AKSHAY CHSL IS GOING ON SINCE LAST 10 YEARS. YET NO OUT COME.
IN 2004 IT WAS STARTED BY M/s POLYCON REALITY. DUE SOME INTERNAL PROBLEMS, MAHADA APPOINTED ADMINISTRATOR. AFTER ELECTION OF 2009 OF SOCIETY, WAGHVA GROUP BOUGHT 51% STACK OF POLICON AND TOOK CONTROL OF REDEVELOPMENT. FOR ALL THESE YEARS CEO OF WADHVA WASTED TIME IN BUYING OUT MAJORITY OF COMMITTEE MEMBERS.
THE SDA(SUPPLIMENTARY DEVELOPMENT AGREEMENT) PREPARED IS TOTALLY IN FAVOUR OF WADHVA. JUST TWO EXAMPLES, TOTAL PROJECT COST AS ON TODAY IS MORE THAN Rs 1000/-CROEWS AND BY THE TIME IT WILL BE OVER IT WILL BE Rs2000/- CRORES.
BANK GUARENTEE TAKEN BY COMMITTEE IS ONLY Rs 5(FIVE)CRORES. TOTAL 42 MONTHS TIME IS GIVEN FROM ZERO DATE, IF DELAYLED PANELTY IS Rs5(FIVE CROES). AND BANK GUARENTEE IS TO BE RETURNED AFTER ONE MONTH OF HANDING OVER FLATS. THESE ARE JUST TWO EYE OPENING EXAMPLES, ITS A LONG LIST. RECENTLY ON 3RD MAY, AROUND 10AM, BMC HAD SERVED NOTICE TO STOP WORK, THEY DID NOT, SAME DAY AROUND 3PM ONE LABOUR DIED DUE TO ACCIDENT. .NEXT TO WHERE HE WAS WORKING WAS 25 FEET DEEP KHADDA WITH IRON ROD IN VERTICLE POSITION (FOUNDATION WORK ROD). DUE TO LAND SLIDE HE FELL IN THAT KHADDA, THE ROD WENT THROUGH HIS BACK AND CAME OUT FROM FROM FROM STOMOCH. HE DIED THERE IT SELF. IT WAS REPORTED AS ACCIDENT DUE TO LAND SLIDE AND EVERY THING IS BURRIED.MANAGED MEDIA NO TO GO MORE IN THIS.
WELL , WILL THE CLUB GET UNITED AND EXPOSE SUCH BUILDERS.
RECENTLY ON 7TH MARCH, IN COMPANY LAW BOARED, WADHVA MANAGED CHANGE OF NAME FROM POLICON REALITY TO WADHVA REALITY.
ALL THE PERMISSIONS/DOCCUMENTS ARE IN NAME OF POLICON. NO TRIPARTY AGREEMENT IS MADE. PEOPLE ARE FORCED TO VACATE TH E HOUSE, GIVE KEYS AGAN IN NAME OF POLICON AND TAKE CORPUS FUND OF Rs51/-LAKS.
IF FROM FOURTH MONTH, THE BUILDER DOES NOT GIVE RENT TO ANY ONE. NO THING CAN BE DONE AND ALL WILL BE ON ROAD.
YOU ALL ARE PEOPLE WITH GUTS, PLEASE COME OUT TO HELP EXPOSE SUCH BUILDERS AND GET THEM BLACK LISTED.
VIJAYKUMAR, BARODA
