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KMDPL will let resident/buyers know whenever there will
be any stake sale.
- New builder will carry forward all present builder’s liability including
electricity, defect rectification and completion of all facilities as per DoC.
- Phase 2 will begin this year
- Dedicated electricity meter from state electricity board can only be
installed provided Keppel sale land to authority inside our condo to set up
sub-station or 51% registration of residents in owner’s association or forming
co-operative.
o Land inside the condo can’t be sold to authority as this our property part of
common area.
o 51% registration of residents out 1388 units (including Phase 1 & 2) is
out of question at this moment.
o Co-operative can’t be formed due to its legal limitation and few resident
s who have multiple flats objected co-operative formation. On top of that
co-operative has to be in place before construction commences.
- KMDPL gets bulk electricity supply of 2000 KVA under commercial rate and
latest bill amount was INR 17 lakhs. Major part of the bill is fixed cost which
KMPDL has to pay whether they use the full load or not. Residents’ consumption
was very minimal and rest of load goes unused.
o KMDPL is looking for option to reduce the load of 2000KVA for the fixed cost
can be reduced.
o Residents will be charged on subsidized domestic rate (as per electricity
board tariff) through ‘demand note’ which will include units consumed in units,
common area meter and diesel usage. Residents propose to add common area meter
and diesel usage from maintenance take from owners. On this context Iman raised
concern that in that case the maintenance money paid by us for 36 months will
be over sooner than that.
o Billing procedure and what to include is still under discussion by KMDPL.
o Another perspective is the owners who have rented their property are asking
Keppel to charge demand note so the same can be charged to tenants.
- Questions asked about malpractice related to hooking meter and access to
unauthorized people to meter room. Residents suggested installation of
tamper-proof meter and limited access to meter rooms.
- Adrian agreed
that at present low load capacity meter installed (e.g For 2 bhk, max 2 ACs can
run in parallel where provision is for 4 and for 3 bhk, max 3 ACs can run in
parallel where provision is for 5. MA is going to explore on higher load
capacity of meter.
- Maintenance cost paid us will be audited by 31st Mar and the same report will
be shared with us.
- Related to defect rectification, Adris ordered Managing Agent (MA) and
Project’s technical team
o All broken/cracked tiles to be replaced through contractor who did this work.
o All broken drain covering slabs and gap between the gaps to be rectified.
o Whatever painting/plastering for the building needs to be completed.
o Related to water seepage in parking from water bodies at podium needs to be
rectified.
- Related to maintenance
o MA is going to appoint a gardener or landscape artist to restore greeneries
inside the condo.
o Both fountains to be functional and to be cleaned periodically.
o Stagnant water has to be replaced with fresh water periodically.
o Drain surrounding the parking has to be cleaned.
o Dustbins requested to be placed at floors where residents are staying.
- Related to condo security they will explore the vulnerabilities highlighted
by us.
- Clubhouse facilities are at discretion of builder as S&P agreement
doesn’t have mentioned what are the facilities will be provided by builder. Any
amenities addition will be used out association or maintenance money.
o On enquiring about pool table we were informed each will cost INR 65K but
residents challenged that the same is half of the membership amount paid by one
resident.
o TT board provided to us has transit damaged will be repaired.
- Adris informed us that even if any stake sale takes place, residents will be
involved or informed pro-actively and will be informed and introduced to new
builder formally once the stake sale is over.