MMRDA

No plans to lodge FIR against suspended MMRDA officials A K Pahal a habitual offender

No plans to lodge FIR against suspended MMRDA officials A K Pahal a habitual offender Mumbai Even after flouting norms by issuing fake work experience certificates to help a private contractor bag a contract worth Rs 70 crore, the Mumbai Metropolitan Region Development Authority has no plans to lodge a First Information Report against its engineers …

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MMRDA gives permission for multi-level car parking without feasibility report to RNA Corp. #RNAExotica

MMRDA has given permission to set up a multi-storey public car parking facility in a Slum Rehabilitation Authority (SRA) building being constructed at Oshiwara, Goregaon West near Ram Mandir railway station to accommodate Project Affected People (PAP), without even conducting a feasibility study. Ground plus seven floors are being constructed as part of “ RNA …

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Axis Bank’s Presses Panic Button Issues Threat Letter to RNA Exotica flat-buyers

Mumbai, 30th August, 2016: To recover its Rs 100 crore project loan to RNA Exotica before it becomes a bad debt like BOI’s loan and SBI’s loan, Axis Bank is pressing the panic-button and threatening flat-buyers to immediately pre-pay large amounts (like Rs 25-50 lakh), forgetting about slab-completion schedules. Axis Bank has recently written strangely worded letters to RNA’s …

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RNA Exotica: Nine ways buyers got screwed Royally !!!!!!!!!!!

Mumbai, 30 June 2016: Hundreds of savvy and well-educated flat buyers have purchased “luxurious” flats in RNA Exotica without noticing what their sale-purchase agreements clearly says: that RNA Exotica is actually a large and shabby slum rehabilitation scheme with a tiny island of rich flat-buyers. The rich people’s housing project is married and tied to …

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RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan”

Media Release: RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” 22nd June, 2016: When builder Anil Aggarwal’s Skyline Construction Co approached Axis Bank for a project loan for RNA Exotica in 2011, the bankers forgot simple arithmetic. On two separate instances — in 2011 and in 2013 — Axis …

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Press Release: Slippages & Shrinkages in RNA Exotica, Oshiwara

Press Release: Slippages & Shrinkages in RNA Exotica, Oshiwara 19th June, 2016: Welcome to RNA Exotica, a premium building project by Skyline Construction Co, owned by Saranga Anil Aggarwal, where deadlines keep slipping and the number of flats to be constructed keeps shrinking year after year. The number of flats to be constructed has dropped by at …

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NRI Couple Cheated by RNA Builders in RNA Regal Project Kandivali

Mumbai, 5th March, 2016: Last week, one of RNA builders’ thousands of cheated flat-purchasers sent the builder a legal ultimatum, and started taking steps for going to court after discovering that their promised 17th floor flat in RNA Regal, a project in Kandivali West, is the proverbial pie-in-the-sky! In February 2011, Sandeep Kothari and Apeksha Khabiya, …

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RNA Exotica by RNA builders

Is RNA Corp using a Cheat-Code, or is the company bankrupt?

Mumbai, 8th February, 2016, Mumbai: So what is going on with RNA Builders? Back in December 2013, those who had purchased flats in RNA Grande, Kandivali West, must have been quite impressed by this notice issued by RNA Universal, signed by Anil Aggarwal himself, proclaiming that flat buyers would be given possession for interior decoration and …

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Dignitaries at Smart Cities India: Reality in the Making

Smart cities or cleverly-disguised corporate colonies?

There was a interactive panel discussion in Mumbai WTC on the 29th of January 2015 organized by World Trade Centre (WTC) and All India Association of Industries (AIAI) in collaboration with the Indo-France Chamber of Commerce and Industries (IFCCI). It was to discuss ‘Smart Cities in India: Reality in the Making’. Dignitaries on the stage included Mr. …

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