| Address: | Mumbai City, Maharashtra |
The Society Name was " Juhu Angan Co op Society" New DN Nagar near Juhu Bus Depot. Andheri West,
The society was a MHADA LIG Devlopment about 25yrs old. Eight societies in the vicinity which were part of the MHADA LIG scheme were demolished in year 2005
The 8 societies- 480 members formed " New DN Nagar CHS Ltd" which entered in to redevlopment contract with M/s Vaidehi Akash Housing Pvt. Ltd Andheri, since then this has been in court cases etc with MHADA, CRZ etc due to use of explosive to demolish old structure etc
my mother in law gets a cheque of 3 months advance rental from the builder office M/S Vaidehi for past 7 years, well that is on time so no issues
M/s Vaidehi Akash Housing Pvt. Ltd then is known to have transfered this rights to Rustomjee Builders in 2010 but no updates are available when they will commence construction, what is the status is, when it will be completed etc. The buildings are in a completely flat to the ground stage as of now ( is to be 14 stories 2 buildings with 3 floor parking)
If you could help me know
1. who when and how is going to complete the project if ever, been 7 years now nothing is progressing and as my mom in law is in thane getting updates now is difficult task? will it ever be completed?
2. can you get contact number name of the person to talk to on this one, my mom in law is thinking of selling it off without waiting for redevlopment at current market rate if possible? she tried getting contact details but nothing working? Rustomjee never metions this project in any property expo, they have another one Rustomjee Elitia nearby but that is different one.
3, what is the rental charges for say a 450 sq ft flat in new dn nagar? what is the current market rate per sq ft in the vicinity as on date?
4. is there any solution to get out of this mess, given that she is staying in rental flat in thane for 7 years now
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