Hyderabad

Flat owners cry foul

Aggrieved by lack of response from the builders of Aliens Space Station 1, owners who purchased flats in the project sought the Chief Minister’s intervention on Saturday. Speaking to the media persons under the banner of Aliens Space Station 1 Owners’ Welfare Association, the owners alleged fraud on part of senior management of Aliens Group including the managing director Hari Challa.

They said that out of more than 2,000 flats, only 15 to 20 have been completed since 2006-07. The stated deadline to handover flats was in 2011. Over 1,300 owners are said to be affected by the venture.

The owners rued that they have to pay the EMIs to banks, but did not have possession of their properties for which many have paid the entire cost. “The project is a scam. They are now remarketing it under a different name,” said Alok, the association’s treasurer said.



Out of more than 2,000 flats, only 15 to 20 have been completed since 2006-07 and over 1,300 owners are said to be affected by it



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Printable version | Apr 21, 2021 10:41:17 AM | https://www.thehindu.com/news/cities/Hyderabad/flat-owners-cry-foul/article7669930.ece

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