Come Gera Builders It appears as the famous builders GERA make their presence felt in our prosperous Goa, where it is a dream of any well-known builders to set its foot prints in the picturesque Goa skyline
Sources are agog that the plot at EDC Pato, was leased to PASWAN Builders at Rs5000= m2 and the current galloping prices, reign at Rs50,000=m2 at rough estimates .The Govt, is obliged to take back possession of the leased plot, if it is not developed within set time frame, for a Mall, which was the original purpose of allotment. How can a leased plot be sold to Gera builders against the provisions laid down for its reversion with lapse of time and why is the Govt, maintaining stoic silence, is it looking the other way?. Is there any tacit understanding in what appears to be a shady deal benefiting someone? Has not the Govt. lost its valuable share in this high value illegal transaction? In its publicity blitz GERA Builders has not been transparent on the new use of the original leased plot or change in the plan It appears strange different logic, where in the IT Park plots are re possessed for not fulfilling the sanctioned use at DONA PAULA, Similarly IDC sanctioned; leased plots revert for not being used in allotted time frame. Does it not appear that different yard stick is being applied exclusively to GERA Builders and may we ask why this special treatment of bypassing laid down provisions? Clarification on this shady deal needs open answers in the best interests of all concerned. Nelson Lopes Chinchinim