CHENNAI: Owners of Jains Westminster Apartments, Chennai, has informed the Madras high court that a majority of them have decided in favour of redeveloping the property instead of reconstructing it. While reconstruction means rebuilding a structure exactly as it is, redevelopment implies construction of a new structure with a completely new plan and dimension.
A two-member committee appointed by the court submitted that of the 351 flat owners, 216 agreed to the redevelopment of the property. As many as 135 owners voted for the reconstruction of the property. The decision was made in the general body meeting of the Flat Owners’ Association.
As per a latest rule brought in by the Tamil Nadu housing and urban development department, the decision to redevelop a property must be agreed by not less than two-thirds of the apartment owners.
Recording the submission, a division bench of Justice S S Sundar and Justice N Senthilkumar directed all the flat owners to hand over the keys of the houses to the builder by Nov 4 to commence redevelopment work.
According to the court-appointed committee, former judges of the court Justice K N Basha and Justice K Kannan inspected 321 flats, and keys of 310 flats were already handed over to the builders.
Regarding the allotment of additional space of undivided share, the bench said a decision would be taken at a later point of time and adjourned the hearing to Nov 4.
On March 12, the court directed Jain Housing and Construction Limited to make a “full disclosure” of its net worth and financials to demonstrate that it has resources to rebuild three 17-storey apartments in Saligramam.
An expert committee from IIT-Madras found the apartment buildings unsafe for living. Though the company agreed to demolish and rebuild all three residential apartments, the Jains Westminster Owners Welfare Association moved the high court seeking direction to the builder to deposit Rs 106 crore towards rental accommodation for the flat owners until the buildings are reconstructed or redeveloped.
A two-member committee appointed by the court submitted that of the 351 flat owners, 216 agreed to the redevelopment of the property. As many as 135 owners voted for the reconstruction of the property. The decision was made in the general body meeting of the Flat Owners’ Association.
As per a latest rule brought in by the Tamil Nadu housing and urban development department, the decision to redevelop a property must be agreed by not less than two-thirds of the apartment owners.
Recording the submission, a division bench of Justice S S Sundar and Justice N Senthilkumar directed all the flat owners to hand over the keys of the houses to the builder by Nov 4 to commence redevelopment work.
According to the court-appointed committee, former judges of the court Justice K N Basha and Justice K Kannan inspected 321 flats, and keys of 310 flats were already handed over to the builders.
Regarding the allotment of additional space of undivided share, the bench said a decision would be taken at a later point of time and adjourned the hearing to Nov 4.
On March 12, the court directed Jain Housing and Construction Limited to make a “full disclosure” of its net worth and financials to demonstrate that it has resources to rebuild three 17-storey apartments in Saligramam.
An expert committee from IIT-Madras found the apartment buildings unsafe for living. Though the company agreed to demolish and rebuild all three residential apartments, the Jains Westminster Owners Welfare Association moved the high court seeking direction to the builder to deposit Rs 106 crore towards rental accommodation for the flat owners until the buildings are reconstructed or redeveloped.
You may also like
Mumbai: MMRDA Launches Backbay Reclamation Scheme To Rejuvenate Prime Waterfront Into Vibrant Urban Space By 2026
BBC Strictly pro complains unsuspecting star should have gone home over Nick Knowles
Railway Committee Member Jagmohan Verma Urges Daily Trains From Indore To Puri, Howrah, Bikaner, & Jaipur
EC to write to each Haryana complainant, counter their claims
GBBO chaos as Noel Fielding's tent blunder leaves viewers screaming
Inside Travis Kelce's life from Kansas City Chiefs and Taylor Swift romance to acting debut
Bombay High Court Dismisses Petition Challenging Shiv Sena (UBT) Leader Anil Desai's Election Victory
'Professionals Have A Very Important Role In Nation Building', Says BJP State President VD Sharma
Thomas Tuchel dropped England hint in January ahead of appointment as Three Lions boss
DP World Tour winner accused of rule break makes feelings very clear with passionate reply
Daniel Ricciardo theory shared as Lewis Hamilton could be impacted at Ferrari
Urgent warning as kids secretly ordering dangerous 'zombie drug' vapes on apps
Our Yorkshire Farm's Amanda Owen transformation shocks viewers as she returns to TV
Exit polls not scientific, they just create a 'distortion': EC
Who Was Alyssa Lokits? Nashville Woman Shot And Killed On Mill Creek Greenway
'Moment Is Here...': Aaditya Thackeray Urges People To Do Justice After EC Announces Dates For Maharashtra Elections
Princess Kate sends 'love, strength and hope' to those hit by baby loss in heartfelt message
'EVMs more robust than Hezbollah pagers': EC shoots down Cong claim
Navi Mumbai: Toll-Free Drive Confusion Resolved For Commuters As Fastag System Clarifies Deductions For Light Motor Vehicles
Donald Trump clashes with Bloomberg editor over tariff: 'Must be hard for you...'