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- Originally Posted by lazybone007
This incident (7 labors died at construction site) at Park Xpress is not good..If I had bought flat here I would have sold it immediately... not a good place to live where people died.
Absolutely true. But unfortunate for gullible flat buyers who spent their last 10 years' savings and next 20 years lifestyle, paying for this project. Exiting at a loss could be a big decision.
In fact, in a few months I can forsee flat buyers taking to morchas and dharnas at Vidhan Bhavan demanding(begging) release of the builders so that construction/delivery of project is not further affected. That is the power of common man.CommentQuote0Flag
- So we talk about eliminating corruption, having guilty behind the bar's and so on. I don't see any folks with vested interest in this project to have morchas for the release of the developer. Developers have a firm who is undertaking this project and not the developers themselves. I can see work to resume with proper sanctions and audits but I don't see people crying for the release of the developer. If at all they do It is self defeating.CommentQuote0Flag
- Also buyers should not treat themselves victim of circumstances. There is an issue at hand and they have to deal with it. Exiting the project by having a court case against the developer should guard buyers interest even if they are deeply invested.CommentQuote1Flag
- Whats the latest news on this project? Builders are out on bail. What are they doing to pacify the buyers? Is construction started again?CommentQuote0Flag
- yeh... out of sight..out of mind... last I was on that road, construction was stand still...CommentQuote0Flag
- The construction is now back on.CommentQuote1Flag
- Is the legal matter sorted out? Did the builders escape punishment?CommentQuote0Flag
- Sorted means settled! And then there will be new launch. Ppl will go running agn.CommentQuote1Flag
- Can someone please post an update. Has construction started, what happened to the developer of this property, was safety audit completed by a third party, current sqft rate and date of completion?CommentQuote0Flag
AT LEAST 10 persons, including developers, partners, architect and the contractor of the project, have been chargesheeted in connection with the Balewadi slab collapse incident on July 2016, which had claimed nine lives. A police official said the key accused kept evading the police for several months and were later granted an anticipatory bail by the Supreme Court.
In April this year, the six — joint owners of the Park Express Joint Venture, including Arvind Jain, Shravan Agarwal of Shrinivas Developers and Pride Purple Properties, Kailas Wani of Samarth Group, Sham Shende of Abhinav Group, Mahendra Kamat, of Mrigank Construction Private Limited, architect Pradip Kusumkar and structural engineer Hansal Parikh and Associates — were granted bail from the Supreme Court. Police said the accused have been booked under sections 304, 337, 338, 34 of the Indian Penal Code, sections of the Maharashtra Ownership Flats Act 1963 and sections of the Maharashtra Regional Town Planning Act.CommentQuote1Flag
- PARK XPRESS RESIDENTS SEEK RS 50L FROM DEVELOPERS FOR DENYING COMMON AREA
Are there any Park Xpress residents on this forum who have initiated the case? The builder has done the same in Park Street, Park Royale, Five Gardens etc. is what I am hearingCommentQuote0Flag