Comments
Our Bureau
It was touted as one of the first FDI projects in real estate in West Bengal. But 12 years later, the Kolkata West International City (KWIC) promoted by Prasoon Mukherjee of Universal Success Enterprise, remains a castle in the air.
The project, which was launched in 2006 with the deadline for completion in 2008, has failed multiple delivery dates.
With nearly 400-odd buyers stuck with unfinished homes, the KWIC Buyer’s Welfare Association, have sought the intervention of West Bengal Chief Minister Mamata Banerjee seeking a resolution to the problem.
No progress
According to Abhay Upadhyay, President of the Association, there has been either slow or no progress in the said project, despite taking 80-100 per cent of the unit amounts from majority of home buyers in 2008.
“We visited the KWIC site on February 22, 2018, and were thoroughly disappointed with the progress since both Cluster C and D were far from complete. Out of approximately 400 units in both the clusters, not more than close to 30 per cent are nearing completion,” Upadhyay said in a letter addressed to the Chief Minister.
Unfit for habitation
Moreover, common areas and roads in both the clusters were not ready, making it unfit for habitation.
At the current pace, it may take another four to five years for completion of the project, he added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.