Indian Express 17.08.2010
GMADA holds SBI responsible for delay
Nitin Jain Tags : housing Posted: Tue Aug 17 2010, 05:19 hrs
Mohali: The wait for the draw of lots for the allotment of 3,800 plots in Aerocity, the first independent integrated township of Greater Mohali Area Development Authority (GMADA) spread across 1,000 acres of land in Sector 66 (East) and 82 (East) in the vicinity of upcoming international airport here, seems to be unending.The GMADA has not yet received all application forms of prospective buyers. The civic body said the State Bank of India (SBI), which had collected the maximum number of forms, is sitting over 1.25 lakh forms. The GMADA had authorised 19 banks to receive the forms, of which 18 have already transferred 1.92 lakh forms to it.
It has been 38 days since the much-hyped housing scheme offer has closed. The GMADA was initially promised to hold the draw of lots within a month after the closure of the scheme.
While the GMADA has issued final notice to SBI, the bank has accused the civic body for the delay. “When we had almost completed processing of the forms, GMADA gave us a prescribed proforma to process the forms, following which we are now re-processing them,” said SBI Regional Manager T K Berry.
“When we were about to transfer the forms, but GMADA asked us to prepare the lists of the forms as per plot size and category with separate serial number. Since it is voluminous work, we have deputed extra workforce to complete the job at the earliest,” he said.“Since 85 SBI branches across the country were involved in the scheme, the whole process, according to GMADA’s demand, could have taken at least a month. But we are likely to submit the forms within a week,” said Berry.
