By Mandakini Gahlot www.indianexpress.com
DDA sits on handover, takes case to Court of Appeals; Emaar-MGF says it is not even allowed to enter Village.
Nearly six months after the Commonwealth Games, a spat between the Delhi Development Authority (DDA) and Project Developer Emaar-MGF has landed in a fix people who bought flats in the Games Village. The flats remain unoccupied and the watch-and-ward cost is beginning to rise rapidly.
The Shunglu Committee, in its report on the Games Village, assessed that the carrying costs of the flats amount to nearly Rs 35-40 crore per annum.
The DDA, sources said, had signed a contract with Emaar-MGF, promising the company that its share of the flats would be handed over by December 14, 2010. But that handover is yet to take place.
“There is major uncertainty on when will the flats be made available to us. We have, in fact, not even been allowed to visit the Village after the Games. My only concern is for the flat owners who trusted us, put their savings in the project. Now, we cannot even tell them when will we be able to hand them the flats,” said Shravan Gupta, Executive Vice Chairman and Managing Director, Emaar-MGF.
