Mumbai: Twisting the power of attorney (PoA) made on a stamp paper of Rs 100 to his advantage, a builder allegedly grabbed government land measuring 1,35,502 sq m and traded a major portion back to the government for various projects. The land, worth over Rs 642 crore, originally belonged to a housing society.
But no development took place there for half a century, and the members roped in the accused builder to develop it. But they claim that he forged the PoA and used the land for MMRDA projects to get transfer of development rights (TDR) and floor space index (FSI).
In a petition filed before the City Civil and Sessions Court in December 2011, the residents of Sharad Nagar, Chembur have levelled the accusations against builder Sudhir Shetty, proprietor of M/s Charisma Builders, and officials of the slum rehabilitation authority (SRA) and the BMC. The matter will come up for hearing on March 20.
12:26 PM, Mar 15, 2012