Economy

Delayed project: Buyers of posh housing complex threaten stir

Our Bureau Kolkata | Updated on November 15, 2017 Published on May 27, 2012




Buyers of row bungalows in Kolkata West International City (KWIC), on Sunday, have decided to go an agitation demanding timely completion of project and delivery of apartments. A mass e-mail campaign to apprise the Chief Minister, Ms Mamata Banerjee, about the failures, will also be initiated.

KWIC, touted to be the first FDI in realty, is promoted by NRI-businessman Mr Prasun Mukherjee's Universal Success Enterprise and Indonesia's Salim Group. Coming up along the Kona Expressway —nearly 15 kms from the city — the project was started in 2005. It promised a complete township consisting of row houses and bungalows and other amenities. However, buyers still claim non-delivery of apartments.

Buyers during the meeting decided to take up the matter of non-delivery of apartments with the concerned authorities including different State Government ministers.

“Today's meeting discussed primarily the issues relating to the delivery of the row houses and bungalows. If required we will opt for an indefinite agitation. Matters will be discussed further with other buyers too,” Mr Abhay Upadhyay, one of the buyers, told Business Line. The meeting was conducted by the KWIC Buyers Welfare Association.

In the initial days, buyers had booked apartments priced, reportedly, between Rs 21 lakh and Rs 1 crore. According to the buyers, KWIC has been able to provide 369 completion certificates till June 2012 out of the 500-odd row houses that were expected to come up in these clusters A and B. These bungalows were expected to come up by March 2012 — the revised deadline. Work in two other clusters — C and D — have been, allegedly, going slow.

“There is no point in having completion certificates if the ancillary infrastructure such as parks and marketplace do not come up,” Mr Upadhyay added.

KWIC spokespersons could not be reached for comment on these allegations.

On an earlier occasion, some of the buyers had complained to the State Government over the irregularities in granting completion certificates by the Kolkata Metropolitan Development Authority (KMDA). KMDA is the nodal authority in-charge of maintaining civic infrastructure in greater Kolkata. It had provided land to KWIC for the township. It had granted long term sub-leasing rights to the developer.

According to a KMDA official, the MoU between the State Government had not specified a time frame for completion of the project.

> abhishek.l@thehindu.co.in

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Published on May 27, 2012
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