Ahmedabad: A proposed Rs 150 crore to Rs 200 crore hotel project in Sanand GIDC has hit a roadblock after the developer alleged that the physical site does not match the plot configuration shown in Gujarat Industrial Development Corporation (GIDC) auction documents and the approved master plan.
The company has paid around Rs 25 crore for the plot and has sought intervention from GIDC and the chief minister. A Delhi-based company bought a plot measuring around 20,000 sq m through a GIDC e-auction, according to sources. However, when the company sought physical possession, it found that a 22-metre-wide utility corridor shown in the auction layout and master plan was missing at the site. “We paid the full amount of around Rs 25 crore in Jan, but when we were offered physical possession, the 22-metre utility corridor shown in the layout was missing. He said the developer had already tied up with a leading international hotel brand and planned to build a 250-room property at an estimated investment of Rs 150 crore to Rs 200 crore.
Because of the alleged mismatch, sahil Gupta , a partner in the company, said the firm had completed the payment but was unable to proceed with the project. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad Stay updated with the latest Ahmedabad news.
We have written to GIDC many times and have approached the chief minister as well,” Gupta said. “Until we get physical possession of the same plot that was displayed in the layout, we cannot move ahead,” Gupta said. The company has flagged discrepancies between the physical plot, a revised sketch subsequently shared with it and the original master plan. It has also written to the chief minister, seeking intervention. Repeated calls to GIDC officials went unanswered. Download the TOI App.
“Kindly restore the 22-metre utility corridor in front of our plot in strict accordance with the originally approved master plan and the e-auction documents. In a letter to GIDC, the company sought corrective action before possession is handed over. Also hand over the physical possession of the plot only after the site has been brought into conformity with the approved layout,” the letter stated.