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Vasant Kunj Crisis: DDA blames residents

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Flats at Vasant Kunj D-6 were classified premium, built to provide lodging to foreign technicians during the Commonwealth Games of 2010. These flats were allotted at very high rates as part of DDA’s 2010 housing scheme.

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Two-and-a-half years since the Commonwealth, the luxurious complex with prices ranging between between Rs 34 lakh and Rs 1.12 crore, are not in a liveable condition.

 

The problems pointed out by various denizens of Vasant Kunj D-6 are:

  • No power supply in these flats. The main wiring which supplied electricity from Yamuna block to the complex was stolen very recently, along with meters and switchboards.
  • Though the complex is multi-storied and the apartments go up to seven floors, lifts are still not fully functional and some are also used as garbage dumps by the workers on site.
  • There is no water connection to these flats even now and the taps also haven’t been installed as DDA feared that those might also be stolen.
  • Parking is a daily hassle in these flats. The basement parking was not put up for auction with the flats in 2010 due to water logging and technical problems. The parking area for most part is out of reach of the residents and the basement can’t be used to park SUVs due to defects in its design.
  • Shopping for the daily needs of the denizens is also proving to be a big inconvenience, with no shopping malls or markets within easy reach.

water crisis

When the people approached DDA, they were told that they would have to install wiring at their own cost and the sanitary-ware also which was stolen by the thieves.

An allottee, after paying around Rs 90 lakh for his 3BHK flat in Vasant Kunj, now pays an EMI of Rs 50,000 every month and spends Rs 20,000 on rent also for another flat. He is unable to move into the flat because of the inability to reach his seventh floor flats without a working elevator.

DDA refused, when asked to comment on the estimate for the completion of work. They in turn blamed the residents of the complex for the dismal condition of the buildings and roads. According to them, people have altered the infrastructure of the flats and surroundings, which is proving to be an obstacle in the premises.

 

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Paradigm Realty Launches ‘Prime Vista’ In Ghatkopar East

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Paradigm Realty, one of the renowned real estate developers of Mumbai has recently launched their premium luxury property ‘Prime Vista’ in Ghatkopar East, Mumbai. Covered by ample green area, the residential project is all set to give a beautiful life to its residents. The 16 storey tall tower is being developed under the joint venture of Bilakia Group with Paradigm Realty along with Atmiya Properties.

Prime Vista will be providing 1 and 2 BHK apartment along with spacious Jodi flats in different sizes ranging between 386 sq ft to 602 sq ft. All the apartments are furnished with modern facilities along with Grand & Spacious Lift Lobby on each floor, High-speed Elevators, etc. Other than from this, some of the apartments will also give scenic views of Mangroves to the residents.

The residential development houses top-notch amenities that will definitely offer a privileged lifestyle of its residents. Some of them are Full-equipped Gymnasium, Indoor Games Arcade, and Grand Entrance Lobby. With the aim to connect the residents with peace and comfort, the developer has also proposed Sky Life and other recreation activities on the Terrace area like the Party Lounge, Box Cricket, Gazebo Sit-outs, Yoga & Meditation Zone, Children’s Play Area, Senior Citizens Corner, and Trellis Seating.

For a hassle-free living, there is a separate Parking Tower that offers adequate car parking.

The highlight of the project is its location wherein all the prime commercial, business, and residential areas are well-connected to the project. The Eastern Express Highway is nearly 2 Minutes away; BKC is at a distance of 15 minutes, while Eastern Free Way is only 10 minutes away. While, presence of leading schools and residential projects like Rishikul School, Godrej Udayachal High School, and R City make this project an investor’s and as well as homebuyer’s Boon.

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Wadhwa Group Expected To Invest Over Rs. 2, 000 Crores In Panvel Township

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Wadhwa group, the renowned firm is likely to make an investment of Rs. 2,200 crore in the first two phases of the Wadhwa group township in the Panvel location. This is an integrated township and covers 450-acres of land.

The Wadhwa group has a joint venture with GFH, a Bahrain-based financial investment Group is developing this township project in the Navi Mumbai Airport Influence Notified Area [NAINA], the company informed. The realty firm is also deciding to develop the whole project in 5 phases and this is estimated to cost Rs 6,000 crores. The project is likely to be completed in 10-12 years.

The developer is expected to generate nearly Rs. 3,200 crores from the phase-wise development of this integrated project. The Wadhwa group is also planning to construct 138 acres of the total land for overall development.

For the second phase, the company has planned development of apartment and bungalow units in more than 40 acres. The Wadhwa group has already sold 1,500 units in the first phase.

This phase-wise project is designed to have IT parks, retail mall, hospitals, school and more. On 14-acres land, the Wadhwa group is constructing offices and IT parks on 14 acres.

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