Constructed in 1980, the home to more than 35 flat owners is today in a dilapidated condition.
However, when the new GDCR came into effect, we were informed that we will be able to reconstruct and even that every flat owner will get a little extra.
Last year they approached the authorities and were told that they will not get the required FSI for rebuilding their apartment.
The new business, worth Rs 1,500 crore, will be taken up in the next three financial years.Take the case of Rushabh apartment in Athwalines.
In that case, all the flat holders will not be able to get accommodated in the new scheme or get smaller flats than what they live in at present.“We killed our then.