Summary:
Only 66 of the 326 flat owners in Maradu have so far submitted claims petitions before the Supreme Court-appointed expert committee which decides compensation for the apartments to be demolished. “Nearly 50 flat owners are settled or residing abroad. Most flat owners have also shown a lesser purchase amount in the sale deed to evade heavy stamp duty. Had they been transparent in their payments, the flat owners wouldn’t have faced such a situation. Meanwhile, a source in the SC committee said the amount announced for the 14 flat owners on Monday was interim compensation..