The team appointed by the local committee found that rents for 3-BHK apartments range from Rs 35,000 to Rs 38,000 plus additional service charges. |Picture source: File Photo
Of the 208 apartment owners of Chander Kunj Army Tower, 77 have chosen the buyback option instead of waiting for demolition and reconstruction of the tower.
The decision was conveyed at a district committee meeting chaired by collectors to oversee the proposed demolition and reconstruction of the Kerala High Court in the Kerala High Court. It will be included in the collector’s affidavit and will be brought to the court, which has issued the May 21 case.
Earlier this month, the petition for review on the order for demolition and reconstruction of the Twin Towers at the last hearing of the apartment owners, the High Court directed the Residents Association to inform the committee of the number of owners who chose the repurchase option within a week. “It has been pointed out that some allocated people favor the buyback option rather than waiting for the demolition and reconstruction process,” the court noted.
The meeting has set a tentative schedule to transfer residents to four months after June 30 to complete the demolition. Among other things, the meeting discussed issues raised by apartment owners regarding the amount they spent on the indoor installation, transfer charges and monthly rents during demolition and reconstruction. At the next hearing, the court may resolve the rent issue.
At the last hearing, the court directed collectors to hold a meeting within two weeks to finalize a timetable for demolition and reconstruction. “A clear picture of the proposed action programme should be provided to detail the stages and the breakdown of estimated costs calculated for reconstruction and demolition. The Committee should also inform AWHO. [Army Welfare Housing Organisation] AWHO shall pay appropriately for the amount required for the first phase within about one week of making the decision. ”
Chander Kunj Welfare and Maintenance Association President Sajie Shankar said the committee’s decision will be discussed among apartment owners. “The decision to move out of the apartment will depend on the court’s ruling. Less than 20 apartment owners have also contacted Kerala real estate regulators. [K-RERA] Due to breach of the commitments for the facilities, the apartment was delayed in delivery and compensation for money for interior decoration. ” he said.
The earlier affidavit filed by the collector to the High Court also mentioned the requirement of the plan owner that the rental rate specified in the court order (a term between Rs 21,000 and Rs 23,000) may be revised at much less than the general market rate. Team consisting of secretary Thripunithura city; PWD executive engineer (building); Kanayannur Tahsildar appointed by the committee found that rents for 3-BHK apartments ranged from Rs 35,000 to Rs 38,000 plus additional service charges.
publishing – April 22, 2025 at 10:05 pm IST
