The three builders – Shreepati-DB Realty Group, Housing Development and Infrastructure Limited (HDIL) and Damji Shamji Shah Group – had been shortlisted for the project in 2010. They promised 750 square feet flats each, free maintenance and parking as well as modern amenities like clubhouses and so on.
Mhada had constructed Abhudaya Nagar in 1957 for industrial workers with 210-sq-feet flats across 47 buildings.
The residents had appointed Ms Shilp Associates as Project Management Consultants to advise them on the revamp. Dilip Shinde, an advisor to the federation, said, “We want to ensure the entire procedure is conducted systematically with the residents taken into confidence.”
The three builders are unhappy with the residents’ decision and blamed the federation for the scrapping. “They wasted our time,” said Rajendra Chaturvedi, chairman, Shreepati Developers.