Redeveloper neither builds nor gives up Haji Ali project

Mumbai: After a landslide on August 29, 2011, structurally damaged their building, residents of Vellard View Housing Society, next to the landmark Heera Panna shopping centre in Haji Ali, signed a redevelopment agreement with a builder. A decade since, the 70-odd residents are still without a roof after the builder, HBS View Pvt Ltd, demolished the building but failed to start work.

- Nauze Bharucha

Over two and a half years ago, the builder stopped paying rent for alternative accommodation, forcing some residents to move to far-off locations like Goregaon, Panvel and even Vadodara. The agreement says each family is to receive a rent of Rs 80,000 to Rs 1.4 lakh a month depending on the size of their flat.

Some months ago, the society served a termination notice to the builder and signed an MoU with a Hyderabad-based developer, YSK Holdings.

Avneet Goel, director of HBS, said: “I can only state that we have challenged the termination. I am unable to comment further as the matter is sub judice.”