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Please come to the Facilities conference room in Jasminium ground floor.We shall be there.Regards,Amitabh
Sorry to hear about Nitin's injury. Hope he recovers soon.Best he does not walk, we can do a video call. We can set this up.Is there any one else that cannot come across to Jasminium venue ? Hope to see some of you there.Regards,Amitabh
Sending invite.Hope you will monitor the attendance, discussion conduct.Regards,Amitabh
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Dear VCAOA Team,
Thank you for your time and efforts in engaging with us. We appreciate it a lot.
Just to reiterate the summary of our meeting yesterday – in order to address the key concerns and ensure a fair resolution, we request a comprehensive CAM assessment for all towers in Vatika City, rather than targeting Sovereign alone. A rational and transparent approach using historical data and previous calculations, as has been the practice for over a decade, is essential.
For your reference and action , I am attaching the CAM calculation sheet for Sovereign ,originally shared by Vatika to VCAOA on July 23, 2020. (Though we were expecting current VCAOA to have used this in their calculations, as it was sent to VCAOA themselves) . I humbly state that It is VCAOA’s responsibility to obtain similar data for all towers from previous RWAs and Vatika, to use it and ensure consistency and fairness to all residents of Vatika City. This extrapolation will help to come up with the right results for implementation. I request previous RWA members to provide any data they might have ,so that it expedites this exercise of CAM calculation for all towers.
To your concern on time, this exercise may require time, but it is worthwhile to ensure fairness for all residents and no injustice to any. As RWA team communicated on the call yesterday, as per them Towers like Jasminium reportedly pay higher CAM, and if some towers are indeed underpaying, adjustments should be made accordingly. We don’t want any tower/person to pay more. A third-party audit by a reputed Big 4 firm would bring credibility and transparency to this process and is a must. Please SHARE (not just show) the data to all residents of Vatika City , to ensure legitimate transparency.
Requesting a quick action on above and hence till then no implementation based on partial data, without using historical facts ,numbers and figures.
Additionally, as discussed in the meeting, please provide clarity on the following:
1. Responses to the very valid points raised by Devendra in his emails, today and yesterday.
2. The exact delta in CAM charges being proposed for the entire Vatika City.
3. For Sovereign gym,instead
of buying new inferior equipment ,we recommend a comprehensive AMC from Techno
gym or procuring 'same make' equipment for other Vatika gym as well together with
Sovereign Gym. Buying will involve CAPEX which can be discussed, if agreeable
to all residents.I dont think ,anybody will have a problem paying extra, if it is logical.
4. Approximate cost estimates for replacing the aging HVAC and other infrastructure, as highlighted during the meeting.
5. Clarification on the rationale for retroactive charges from Sovereign Residents despite residents holding No Dues Certificates from VCAOA , which enabled voting eligibility. If implemented, this act will reduce the sale prices drastically and also make it very difficult for any owner to sell the flat, for obvious reasons.
Given the substantial cost increase envisaged, a well-structured, transparent, logical assessment ---- validated and acknowledged by 3rd party , will be critical to gaining consensus from all the residents.
We look forward to your response and continued collaboration for the benefit of all Vatika City residents.
Thanks in advance.
Warm regards,
Member of Sovereign Committee
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On Jan 28, 2025, at 2:31 PM, nitin mehta <nitin1...@gmail.com> wrote:
Dear VCAOA Team,
Thank you for your time and efforts in engaging with us. We appreciate it a lot.
Just to reiterate the summary of our meeting yesterday – in order to address the key concerns and ensure a fair resolution, we request a comprehensive CAM assessment for all towers in Vatika City, rather than targeting Soata which was collected as part of Finance & CAM committee effort in Dec 2020 with Pavereign alone. A rational and transparent approach using historical data and previous calculations, as has been the practice for over a decade, is essential.
To view this discussion visit https://groups.google.com/d/msgid/sovereign_family/CA%2B6z0bgQVUsP0Sy1P8%3DZ5XSzzL0cyfyyVz9cFBysR%3DhJSBj1Lw%40mail.gmail.com.
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