Post News Network
Bhubaneswar: The Hi-Tech Paradise Owners’ Welfare Association Sunday alleged that the builder has not handed them their flats according to the agreement.
“The Hi-Tech Paradise project was initiated by Hi-Tech Edifice Private Limited. As many as 311 buyers booked flats at Hi-Tech Paradise in 2011. The builder had promised to hand over the flats by December 2014,” said the secretary of Hi-Tech Paradise Owners’ Welfare Association Shailendra Nath Mohanty.
“However, even 38 months after the deadline has passed and after collecting `37 crore from us, the builder has not handed over our flats to us. The amount collected from us is 58 per cent more than the entire project cost,” Mohanty alleged.
“The top officials of the firm, including Tirupati Panigrahi, Tirupati Choudhury, and Madhusudhan Panigrahi, are defending themselves by saying that the project got delayed as they were in jail in connection with a separate land fraud case,” Mohanty said.
“However, the builders have used our money towards fulfillment of the Supreme Court’s order of depositing `63 crore to avoid further arrest. We had sought help from the commissionerate police, crime branch and the district consumer redressal forum, Puri, in this regard but no action has been taken so far against the Hi-Tech Group,” he alleged.
“We want our money back along with interest and compensation. If required we will hold peaceful protests and hunger strikes to ensure that our demands are fulfilled,” Mohanty said at a press meet.
Hi-Tech Group chief Tirupati Panigrahi said that since 2012 the buyers have not paid a rupee to them and whatever was paid by them was invested in the project. “We have asked them to meet us May 25 so that the project gets completed and the flats are handed over to them,” he said.