NAVI MUMBAI: Some 40 flat owners of three high-rise buildings on a 8,000 square metre plot in Sector 23, Kharghar, have been waiting for occupancy certificate (OC) for the last three years. The construction started in 2017. The plot has two-28 floor towers and one 25-floor tower. While the Cidco had penalised the developers over Rs 27.37 crore for delayed construction, it later waived off the sum. The 2 BHK and 4 BHK flats are worth crores.
The Bhagwati Greens-III housing project next to ISKCON temple has three wings with 135 flats and 25 shops. Both A & B wings have 28 floors with 44 and 66 flats, respectively, while the C wing has 25 floors with 25 flats and 25 shops. However, project completion deadline has been revised twice, the latest completion date being March 2024.
Due to delayed construction, Cidco had in April 2023 imposed the fine, but following representations, this was reversed in August 2023. The Cidco had also detected construction violations to the tune of 1,297sqm in the refuge area. Further, the project had an approved floor space index (FSI) of 1.5 which was later revised to 3.5.
Indrajit Chauhan, one of the flat owners, alleged the builders/developers imposed 18% interest towards minor delay in payment and also demanded an additional 7% GST, which now stands at 12%. “We are opposing their consent request for development of another wing (D) by consuming the balance FSI. They are resorting to pressure tactics by neither obtaining OC nor giving possession,” he said.
One of the partners of Bhagwati Greens-III (Bhagwati Developers) Manji Patel said, “There is delay on part of Cidco for the OC. Cidco had raised fire suits and other technical issues.”
