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In the matter of recent spate of Redevelopment of Housing Societies in Mumbai the Developers offer the members a bigger and posh dream houses with additional carpet area/rooms over the existing ones, Displacement Compensation for alternate accommodation, Corpus fund and eye-catching amenities etc. and the Developers construct either additional flats or commercial joint on the area available at their disposal on the same plot and sale the same in open market to earn the surplus. The Development Agreements and the Power of Attorneys are finally executed between the Societies and the Developers to complete the projects.
Initially, to obtain the IOD/CC from MCGM, the Developers submit the plans to MCGM as per the agreed terms in the Development Agreements executed with the Housing Society.
It has been noticed that thereafter, during the process of redevelopment, the terms of Development Agreements as agreed upon, the unhealthy attempts with ulterior motives are made by the Developers to twist and grossly violate the rules by unlawful planning and constructing additional/unauthorized areas that are beyond their entitlement (i.e. beyond the plot FSI and the TDR/FSI loaded) for their hidden financial gains. The buyers of such unlawful flats/propertiesalsoland themselves in litigation prone area.
How this can be allowed by all the concerned authorities knowingly remain unknown towards such malpracticies.?