RE: [seestar2] Re: [IndusCrest] Please stay focussed on the task

[Sodiambakkam Venugopal]

at hand - EC and all
MIME-Version: 1.0
Content-Type: multipart/alternative; boundary=00151748e058d11e3004d0cec0b6

--00151748e058d11e3004d0cec0b6
Content-Type: text/plain; charset="utf-8"
Content-Transfer-Encoding: 7bit

I don't see why phase-1 completion should depend on phase-2 withdrawal
or otherwise. We have invested more than 5 times that each phase-2
member has, so we have a larger stake in the success of this project.

Sent from my Windows Phone
From: Phani Vemuri
Sent: 12/14/2012 6:58 AM
To: induscres...@googlegroups.com; sees...@googlegroups.com
Subject: [seestar2] Re: [IndusCrest] Please stay focussed on the task
at hand - EC and all
Suresh,

While you speak for the Phase 1 members and the spirit of the society, you
have to understand that majority of the society is in phase2/withdrawal.
You cannot request the spirit to be intact while asking the majority to
agree with minority phase 1 members or walk-away. Spirit works in both ways.

If there is no solution for phase2/withdrawal, I don't see how phase1 can
be completed. Please note, there is hard-earned money of 400+ members (>Rs
28cr) is at stake here.

I am all for extending the term of the current EC as long as the EC has a
dedicated team within EC who focus on phase 2/withdrawal.

Regards,
Phani

On Fri, Dec 14, 2012 at 11:36 AM, Kshamata <ksha...@gmail.com> wrote:

> Suresh,
> You could reiterate as many times you want.
>
> Phase 2 Members(400+) including Withdrawal Members are not here
> for charity or should not be taken for a ride. Its the hard-earned money
> and not black money.
>
> Do you intend to say that we should settle for 40-50% or whatever amount
> and walk out? That too the reasons best known to you?
>
> Having said that now no Phase 2 members would have such humiliating
> settlements(of 30-40% earlier?) when its a known fact that the Land prices
> are appreciating in a much faster pace near Seestar site.
>
> Request all Phase 2 members to explore all the options and come up with
> their ideas for Withdrawal Members cause and rest of the Phase 2 as well.
>
> Regards,
> Kshamata
>
>
>
> On Fri, Dec 14, 2012 at 2:04 PM, Marisetty's <mariset...@gmail.com>wrote:
>
>> Hi,
>>
>> I want to re-ierate one more time.
>>
>> I commend the team of people who saved the society from Manans and Hari.
>> The team of people who saved consisted of many with different areas of
>> strenghts. The society should continue with a core EC that has the various
>> strenghts to make it successful.
>>
>> We have come a long way and let us continue the good work. No matter
>> what, nobody can dispute that and not keep that in perspective. Please set
>> aside the differences and continue on a constructive path and move forward.
>>
>> I will also say this without any hesitation. The spirit of the society
>> when it was started is for it to have the 500+ people come together and
>> build a community. This was the foundation on which everything is built.
>> Let us not shake that foundation in the name of phase-2 withdrawal
>> rebellion.
>>
>> I will personally not support such rebellion in the interest of the
>> original spirit of the society. I will even go to the extent of saying to
>> those who want to dismantle this foundation - cut your losses and walk out
>> if you don't want to participlate in this spirit. Withdrawal by selling
>> the land, etc is not in the interest of the society and is not a viable
>> option. Find interested parties and sell your interests.
>>
>> Agree with others, let us not make this personal, and try to hurt each
>> others creadability by digging out the past.
>>
>> Learn from the past and secure the future.
>>
>> regards
>> Suresh
>>
>> --
>> *** Software Engineer's Employees Housing and Welfare Association
>> (SEEHWA) is a registered non-profit. IndusCrest google group is SEEHWA's
>> IndusCrest Project (http://www.facebook.com/IndusCrest)
>> Announcement-Only Group - All information posted here in is member
>> confidential. Bylaws prohibit members from abusing personal information of
>> other members.***
>>
>>
>>
>
>
>
> --
> Best Regards,
> Kshamata
>
> --
> *** Software Engineer's Employees Housing and Welfare Association (SEEHWA)
> is a registered non-profit. IndusCrest google group is SEEHWA's IndusCrest
> Project (http://www.facebook.com/IndusCrest) Announcement-Only Group -
> All information posted here in is member confidential. Bylaws prohibit
> members from abusing personal information of other members.***
>
>
>

--
SEESTAR2 Group is the Group to discuss how to get our hard earned
money back. What are the different options we have. We need to look at
all the options and decide what's best for us. We need to actively
involved in the taking the right decision
No one would look after our interest, it s we , the members of phase
II who have to take the initiative and take the best possible road
ahead. Hence please do check all mails related to our interest and
attend meetings and make our presence felt.
---
You received this message because you are subscribed to the Google
Groups "seestar2" group.
To post to this group, send email to sees...@googlegroups.com.
To unsubscribe from this group, send email to
seestar2+u...@googlegroups.com.
Visit this group at http://groups.google.com/group/seestar2?hl=en-US.
For more options, visit https://groups.google.com/groups/opt_out.



--00151748e058d11e3004d0cec0b6
Content-Type: text/html; charset="utf-8"
Content-Transfer-Encoding: quoted-printable

<html><head><meta content=3D"text/html; charset=3Dutf-8" http-equiv=3D"Cont=
ent-Type"></head><body><div><div style=3D"font-family: Calibri,sans-serif; =
font-size: 11pt;">I don't see why phase-1 completion should depend on phase=
-2 withdrawal or otherwise. We have invested more than 5 times that each ph=
ase-2 member has, so we have a larger stake in the success of this project.=
<br><br>Sent from my Windows Phone<br></div></div><hr><span style=3D"font-f=
amily: Tahoma,sans-serif; font-size: 10pt; font-weight: bold;">From: </span=
><span style=3D"font-family: Tahoma,sans-serif; font-size: 10pt;">Phani Vem=
uri</span><br><span style=3D"font-family: Tahoma,sans-serif; font-size: 10p=
t; font-weight: bold;">Sent: </span><span style=3D"font-family: Tahoma,sans=
-serif; font-size: 10pt;">12/14/2012 6:58 AM</span><br><span style=3D"font-=
family: Tahoma,sans-serif; font-size: 10pt; font-weight: bold;">To: </span>=
<span style=3D"font-family: Tahoma,sans-serif; font-size: 10pt;">induscrest=
+mana...@googlegroups.com; sees...@googlegroups.com</span><br><span style=
=3D"font-family: Tahoma,sans-serif; font-size: 10pt; font-weight: bold;">Su=
bject: </span><span style=3D"font-family: Tahoma,sans-serif; font-size: 10p=
t;">[seestar2] Re: [IndusCrest] Please stay focussed on the task at hand - =
EC and all</span><br><br></body></html>Suresh,<div><br></div><div>While you=
speak for the Phase 1 members and the spirit of the society, you have to u=
nderstand that majority of the society is in phase2/withdrawal. You cannot =
request the spirit to be intact while asking the majority to agree with min=
ority phase 1 members or walk-away. Spirit works in both ways.</div>

<div><br></div><div>If there is no solution for phase2/withdrawal, I don&#3=
9;t see how phase1 can be completed. Please note, there is hard-earned mone=
y of 400+ members (&gt;Rs 28cr) is at stake here.</div><div><br></div>
<div>
I am all for extending the term of the current EC as long as the EC has a d=
edicated team within EC who focus on phase 2/withdrawal.=C2=A0</div><div><b=
r></div><div>Regards,</div><div>Phani<br><br><div class=3D"gmail_quote">On =
Fri, Dec 14, 2012 at 11:36 AM, Kshamata <span dir=3D"ltr">&lt;<a href=3D"ma=
ilto:ksha...@gmail.com" target=3D"_blank">ksha...@gmail.com</a>&gt;</span=
> wrote:<br>

<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p=
x #ccc solid;padding-left:1ex"><div>Suresh,</div><div>You could reiterate a=
s many times you want.</div><div>=C2=A0</div><div>Phase 2 Members(400+) inc=
luding Withdrawal Members are not here for=C2=A0charity or should not be ta=
ken for a ride. Its the hard-earned money and not black money. </div>


<div>=C2=A0</div><div>Do you intend to say that we should settle for 40-50%=
=C2=A0or whatever=C2=A0amount and walk out? That too the reasons best known=
to you?</div><div>=C2=A0</div><div>Having said that now no Phase 2 members=
would have such humiliating settlements(of 30-40% earlier?) when its a kno=
wn fact that the Land prices are appreciating in a much faster pace near Se=
estar site.</div>


<div>=C2=A0</div><div>Request all Phase 2 members to explore all the option=
s and come up with their ideas for Withdrawal Members cause and rest of the=
Phase 2 as well.</div><div>=C2=A0</div><div>Regards,</div><div>Kshamata</d=
iv><div class=3D"HOEnZb">

<div class=3D"h5"><div>
=C2=A0</div><div>=C2=A0=C2=A0=C2=A0<br><br></div><div class=3D"gmail_quote"=
>On Fri, Dec 14, 2012 at 2:04 PM, Marisetty&#39;s <span dir=3D"ltr">&lt;<a =
href=3D"mailto:mariset...@gmail.com" target=3D"_blank">marisettyfamily=
@gmail.com</a>&gt;</span> wrote:<br>


<blockquote style=3D"margin:0px 0px 0px 0.8ex;padding-left:1ex;border-left-=
color:rgb(204,204,204);border-left-width:1px;border-left-style:solid" class=
=3D"gmail_quote"><div>Hi,</div>
<div>=C2=A0</div>
<div>I want to re-ierate one more time.</div>
<div>=C2=A0</div>
<div>I commend the team of people who saved the society from Manans and Har=
i.=C2=A0 The team of people who saved consisted of many with different area=
s of strenghts.=C2=A0 The society should continue with a core EC that has t=
he various strenghts to make it successful.</div>




<div>=C2=A0</div>
<div>We have come a long way and let us continue the good work.=C2=A0 No ma=
tter what, nobody can dispute that and not keep that in perspective.=C2=A0 =
Please set aside the differences and continue on a constructive path and mo=
ve forward.</div>




<div>=C2=A0</div>
<div>I will also say this without any hesitation.=C2=A0 The spirit of the s=
ociety when it was started is for it to have the 500+ people come together =
and build a community.=C2=A0 This was the foundation on which everything is=
built.=C2=A0 Let us not shake that foundation in the name of phase-2 withd=
rawal rebellion.</div>




<div>=C2=A0</div>
<div>I will personally not support such rebellion in the interest of the or=
iginal spirit of the society. I will even go to=C2=A0the extent of saying t=
o those who want to dismantle this foundation - cut your losses and walk ou=
t if you don&#39;t want to participlate in this spirit.=C2=A0 Withdrawal by=
=C2=A0selling the land, etc is not in the interest of the society and is no=
t a viable option.=C2=A0 Find interested parties and sell your interests.</=
div>




<div>=C2=A0</div>
<div>Agree with others, let us not make this personal, and try to hurt each=
others creadability by digging out the past. </div>
<div>=C2=A0</div>
<div>Learn from the past and secure the future.</div>
<div>=C2=A0</div>
<div>regards</div>
<div>Suresh</div><span><font color=3D"#888888">

<p></p>

-- <br>
*** Software Engineer&#39;s Employees Housing and Welfare Association (SEE=
HWA) is a registered non-profit. IndusCrest google group is SEEHWA&#39;s In=
dusCrest Project (<a href=3D"http://www.facebook.com/IndusCrest" target=3D"=
_blank">http://www.facebook.com/IndusCrest</a>) Announcement-Only Group - A=
ll information posted here in is member confidential. Bylaws prohibit membe=
rs from abusing personal information of other members.***<br>



=C2=A0<br>
=C2=A0<br>
</font></span></blockquote></div><br><br clear=3D"all"><br></div></div><spa=
n class=3D"HOEnZb"><font color=3D"#888888">-- <br>Best Regards,<br>Kshamata=
</font></span><div class=3D"HOEnZb"><div class=3D"h5"><br>

<p></p>

-- <br>
*** Software Engineer&#39;s Employees Housing and Welfare Association (SEE=
HWA) is a registered non-profit. IndusCrest google group is SEEHWA&#39;s In=
dusCrest Project (<a href=3D"http://www.facebook.com/IndusCrest" target=3D"=
_blank">http://www.facebook.com/IndusCrest</a>) Announcement-Only Group - A=
ll information posted here in is member confidential. Bylaws prohibit membe=
rs from abusing personal information of other members.***<br>


=C2=A0<br>
=C2=A0<br>
</div></div></blockquote></div><br></div>

<p></p>

-- <br />
SEESTAR2 Group is the Group to discuss how to get our hard earned money bac=
k. What are the different options we have. We need to look at all the optio=
ns and decide what&#39;s best for us. We need to actively involved in the t=
aking the right decision<br />
No one would look after our interest, it s we , the members of phase II who=
have to take the initiative and take the best possible road ahead. Hence p=
lease do check all mails related to our interest and attend meetings and ma=
ke our presence felt.<br />
--- <br />
You received this message because you are subscribed to the Google Groups &=
quot;seestar2&quot; group.<br />
To post to this group, send email to sees...@googlegroups.com.<br />
To unsubscribe from this group, send email to seestar2+unsubscribe@googlegr=
oups.com.<br />
Visit this group at <a href=3D"http://groups.google.com/group/seestar2?hl=
=3Den-US">http://groups.google.com/group/seestar2?hl=3Den-US</a>.<br />
For more options, visit <a href=3D"https://groups.google.com/groups/opt_out=
">https://groups.google.com/groups/opt_out</a>.<br />
&nbsp;<br />
&nbsp;<br />

--00151748e058d11e3004d0cec0b6--

[Sodiambakkam Venugopal]

at hand - EC and all
MIME-Version: 1.0

Content-Type: text/plain; charset="utf-8"
Content-Transfer-Encoding: 7bit

Very nicely put, Vamsee. I totally agree with your below statements.

Sent from my Windows Phone

From: Vamsee Chakka
Sent: 12/15/2012 10:27 AM
To: sees...@googlegroups.com; IndusCrest
Subject: Re: [seestar2] Re: [IndusCrest] Please stay focussed on the

task at hand - EC and all

Nothing comes easy in life.

I'm not sure, may be it is easier than you think, because what we own
is 'Undivided land share', no member was given in writing that he/she
owns land share in first bought or second bought land.

From comparing to Jay's email, you grossly misstated numbers used for
Phase 1 in your first paragraph. Quote from Jay's email:
i) Phase I - 3.36 acre
II) Remaining : - 6 acre
iii) Villa owners:- 1.5 acre (however, we lost some of the land due
to a straightening of the compound wall - done by older ex-management)

If I need to compare the ratio of apts/acre, Phase 1 has planned
71.427 apts/acre (240/3.36) where as phase 2 has planned 60 apts/acre
(360/6). Amenities block is also in Phase 1 land which is making it
more crowded. More open land is in Phase 2. Now tell me who got the
raw deal. With a self appointed representation role of working
committee, please use facts.

If united society: Phase 2 members may not need any consensus from
Phase 1 members if phase 2 goes for construction. But if Phase 2 goes
for joint development with a builder, Phase 1 members consensus is
needed to make sure that current ratio of planned 60 apts/acre (or a
total 360 apts in phase 2 land), amenities construction cost and
corpus fund are all considered. Not only amenities block is funded by
phase 1 but also phase 1 members are contributing to corpus fund to
maintain these. Phase 1 members are contributing an average of Rs 2.21
L into the corpus fund (1L per member which makes 2.4Cr, floor
premiums from all the members make 2.91 Cr, together a total of 5.31
Cr). Please dont tell me that Phase 2 joint development option does
not impact Phase 1 members in anyway even after reading these numbers.

If divided society: Does Phase 1 society care what is happening in the
next compound wall of Phase 2 society?

Just like you are proposing to have Phase 2 representation in EC,
don't you think you need phase 1 representation in your so called
phase 2 working committee?

Life is full compromises whether we like it or not. Few phase 1
members shared their opinion on continuing 'ACTIVE' EC members with an
intention of not derailing Phase 1 construction, what is wrong in
that? I do favor having elections for non-active EC positions and open
positions. You keep proposing to have elections for all positions to
see if they can win. Can't we all give few and take few? Think it
over.

Vamsee

On Sat, Dec 15, 2012 at 1:52 AM, SeestarPhase2 Phase2
<seestar2wk...@gmail.com> wrote:
> Vamsee
>
> It may not be as simple as you think in dividing the society into two.
> The initial 6 acres (phase 2) was bought with contributions from about
> 300 members and the later 5 acres (phase 1) was bought with
> contributions from say another 300 members and 15 villa members. But
> the share of land in phase 1 is given only to 240 members which in the
> first place is not proper.
>
> If you want to divide the society, it may not be straight forward.
> Some of the original 300 members went into Phase 1 and some of the
> later 300 members are in Phase 2 now.
>
> We will have this problem for ever until we pass a resolution in a
> AGBM that all members are OK with this arrangement. How can a member
> who has a share of land in the 5 acres now lay his/her claim on the 6
> acres land.
>
> This was not done till today. This is another reason for having open
> elections to all the positions, be legal in whatever we do.
>
> Finally, give it a thinking. Can the interim EC who has violated
> byelaws by continuing their term without the approval of the general
> body sign documents for registration and if so the registration will
> be valid at all in the future. We are not sure but Phase 1 members
> need to give this a strong thought.
>
> We advise you to read the byelaws and see if our interim EC has
> followed it. It should take no more than 30mins.
>
> phase 2 working committee member
>
>
> On 12/14/12, Vamsee Chakka <vams...@gmail.com> wrote:
>> Suresh,
>> It is insensitive to comment about others hard earned money. Since
>> almost 90% of phase 2 members want their money back, original model
>> will not work anymore. If I remember right, only about 50-60 new
>> members joined (replacing withdrawal members, according to one of EC's
>> email) in 2 years when phase 1 construction is in full swing. If there
>> is no sufficient quorum for Phase 2 construction, it cannot begin. Why
>> would any outsider be interested in getting a stake in phase 2 when
>> there is no timeline? If Phase 2 working committee is exploring
>> alternatives, by all means they can. Right question to ask them would
>> be how their proposal would fit in the society model.
>>
>> Phani,
>> I don't understand your comment - 'If there is no solution for

>> phase2/withdrawal, I don't see how phase1 can be

>> completed'. Can you please care to explain why phase 1 cannot be
>> completed? Phase 1 members also have a stake of Rs. 120 Cr.
>>
>> Phase 2 working committee & current EC,
>> I'm thinking out loud.
>> In the beginning, scope of the original project was increased when
>> there was overwhelming response. Is it possible to roll back this in
>> theory? Split into phase 1 and phase 2 into two different societies,
>> separate the land. Phase 2 society will decide whats best for their
>> members. No strip of land issue, no amenities sharing issue.
>>
>> Vamsee