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October 29, 2020
Yesterday we held a follow-up meeting with the landowners of the Sectors we are working on. We advised them on proceeding with the formation of the pre-consortium committee and provided them with a draft language for the same.
With this, we will be initiating work on the Consortium formation within these sectors. We have provided the proposed committee members with a land re-distribution formula to be discussed with the rest of the landowners and have advised them to get suggestions on the same. Based on the inputs, our legal team will proceed with the documentation of the first version of a draft agreement.
We had scheduled a meeting with the DDA officials later in the day, to discuss on the progress on the same, but had to postpone it till next week, since the meeting in the village exceeded beyond the intended time window.
MOST DISCUSSED
Analysts are wondering if the development in Delhi will push property prices down in Gurgaon and Noida.
Will new PPP model prove to be a boon for the aging society flats in Delhi?
HIGHLIGHTS
Augment Housing Supply
Quality life for all
Reduce commuting time
Increase Parking Space
Improve distribution & mgmt
Manage Solid Waste
More space per family
Concrete measures to tackle issues
FAR to be increased
Govt. norms eased
BANK DETAILS
Account Name
: Aashiyana Housing Welfare Society
Account No.
: 105011021210
Bank
: Dena Bank
Branch
: Patparganj, Delhi
IFSC Code
: BKDN0711280
Account Type
: Current
Land Registration cost will be charged as applicable.
Late Payment charges will be levied by interest at the rate of 18% p.a. (per Society's Act)
Receipts towards payment would be issued only after realization of the cheques.
Also, as was communicated earlier, membership will be allocated only after payment of complete land cost.