MHADA to auction Mumbai builder’s properties to compensate buyers

MHADA to auction Mumbai builder’s properties to compensate buyers
11/09/2017 , by , in News/Views

MHADA has taken an initiative and started a process to attach the properties of a builder, who abandoned his redevelopment projects in Dadar. The agency has asked the district collector’s office to attach builder Vilas Gaonkar’s properties after he left a redevelopment project unfinished. MHADA’s Mumbai Repair and Reconstruction Board’s (MRRB) Chief Officer, Suman Bhange has written a letter to Mumbai city district collector Sampada Mehta and demanded that the district collector’s office should start the process to attach the properties of builder Vilas Gaonkar.

The MRRB’s executive engineer RS Vhatkar confirmed that the MRRB has sent the letter and said, “As per complaints received from residents, we made an inquiry about other properties owned by the builder and sent a list to the district collector’s office last week and now it is up to the collector’s office to initiate further action.”

The RK Building at the cross road of Ranade Road and Gokhale Road in Dadar West went for redevelopment in 2008. According to an agreement done with 100 odd residents of the building, the builder was supposed to redevelop the building by 2012.

Meanwhile the builder sold flats and shops of free sale components to unsuspecting consumers. However, he did not complete the construction of the building meant for free sale. He also stopped paying rent to the original residents of the building who had vacated their tenements and shifted to other residences.

Acting on complaints of residents and consumers, MHADA conducted an inquiry and found out that Gaonkar owns 10 properties elsewhere, which could be auctioned and used to compensate consumers who have bought flats and shops.

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