Wednesday 13 December 2017

Builders sell parking space as flat area, mint crores - Satra Builders

Unscrupulous builders in the city have hit upon a new con to mint big money. These developers, allegedly with the connivance of the BMC's building proposals department, get plans sanctioned for car parking decks on each floor and then sell off the space as part of your apartment.

Cheated by builder - Satra Builder


Everyone knows that nobody will take his or her car to the 15th floor. Some corrupt BMC officers are taking Rs 50 lakh for passing the building plans and Rs one crore for issuing the occupation certificate, alleged a prominent city developer.

One of the most blatant cases that has come to light is an upcoming 11-storey luxury building on Gulmohar Road in JVPD. The local residents association dug out plans using the Right to Information Act to unearth, what they claimed, were gross violations. The building proposals department has approved a mind-boggling 386 car parks in this building for just 33 flats.

Besides basement and podium parking, the Satra Builder, Praful Satra, has been allowed to construct nine car park decks on each floor of the building, which will have three wings of 11 floors each. JVPD residents and civic activists who are pursuing this case with the BMC and the state government have pointed out that although the carpet area of each flat is shown as roughly 1,500 sq ft in size, the builder has shown a saleable area of 5,000 sq ft. Prospective flat buyers are being told that they have the option of converting this parking space into their living room. When contacted, Satra's staff said he was out of the city and would not be available for the next one week.

Asked to comment on this malpractice, developer Sunil Mantri, president of the Maharashtra Chamber of Housing Industry, said, Car parking has to be underground in the basement or at a multi-level. Taking the car higher to your flat does not make sense. I have not seen this in any building abroad. The government should take a decision on this.

Join  Whats App Group of  Real Estate Buyers at Best Real Estate Review Website

No comments:

Post a Comment