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file photoNoida: Among residential societies stuck at various stages of completion in Noida, Logix Blossom Greens And Logix ZestDeveloped by the now-bankrupt Logix Infratech In Sector 143, completely dependent on diesel generator (DG) sets for power supply.
About five years ago, many residents moved into the partially completed condominiums after Noida issued a provisional occupation certificate. The documents were issued without ensuring the availability of a reliable energy source.
Since then, several complaints have been received to the authority and other government bodies, with zero results. As a result, Logix continued to rely on DG sets with impunity.
Charged at par with the prevailing electricity rates, residents haven’t felt the pinch so far.
But recently, Insolvency Resolution Professionals (IRPs) – put in charge of both these societies after the insolvency process against Logix started last year – informed residents that diesel prices have gone up and so has the per unit cost of electricity. Will increase
In April, IRP introduced a new tariff structure in Logix Blossom Greens. Under the revised rates, residents will now be charged Rs 7.5 for the first 200 units per month, Rs 12 for the subsequent 800 units and Rs 19 for the remaining units. Also, the fixed charge has been increased to Rs 700 per flat per month.
But power roasting for four to five hours a day to limit diesel consumption to 2,000 liters per day has come as a double whammy.
In zest, residents expect similar power cuts, but the resolution professional has instead imposed a “summer charge” – calculated considering the actual power consumption by each household between October and April.
The per unit cost of generating electricity from a diesel genset is Rs.34.
A resident has to pay Rs 5 per unit for consumption increase of up to 15% over the selected period, for consumption increase of 15-25%, Rs 7 per unit for consumption of 25% to 40% over the selected period Have to do The increase, per unit cost will go up to Rs 10, while consumption exceeding 40% will pay Rs 14 per unit.
The revised electricity tariff in Zest, meanwhile, is Rs 7.50 per unit up to 250 units, Rs 8.50 for units from 251 to 450, Rs 10 for units from 451 to 600 and Rs 12 for units above 600. fixed fee. 202 for studio apartments and Rs 520 for 2 BHK flats.
Residents say they are bearing the brunt of power cuts during inclement weather, while being forced to pay higher electricity charges. In Blossom Greens, residents say, each tower was allowed to use one of its two elevators.
While several rounds of talks have taken place, raising funds for a regular electricity connection has been put on hold, at least for now, to set up electricity supply infrastructure in Blossom Greens, estimated at 11 crores and requires Rs.8. In Jest -9 cr.
While the resolution professional of Blossom Greens has assured to pay Rs 3 crore – through interim finance – arranged to the electricity department, the condo needs to get an electricity connection from the Bhangel feeder which will cost Rs 7-8 crore. Additional expenditure will be required. To fund this, each resident has to deposit Rs 50,000.
In Zest also, residents may have to pay the same amount for a permanent connection with the power grid.
“When I moved to the society in 2017, the developer said that electricity and IGL connections would be provided soon as more than 100 families have started living in the society. Three years later, we were informed that the developer is filing for bankruptcy. Three more years, and now we have been asked to spend our own pocket money for electricity connection,” said Sumit Jain, a resident of Jest.
Tripti Mishra, another resident of the condo, does not understand why the RP cannot ask the builder to pay for a permanent electricity connection. “Even if we give money for electricity connection, what is the guarantee that it will be returned once a new builder is brought in to complete the project?”
The residents also blamed Noida for their plight. One of them asked, “Why did Noida issue partial occupancy certificate to the builder and remain mute spectator for so long when both the societies did not have proper electricity connection.”
CEO Ritu Maheshwari said she was not aware of the specific case, but promised to look into it and get back. However, he clarified that OCs are issued when electricity connection is available in a society. “But now, there is little scope left for the authority to take punitive action (against the builder) as the residents are already living in two societies,” she said.
Developers’ apex body CREDAI’s NCR chapter said such issues were seen in older societies. “Now, every developer has to submit progress reports of projects to UP RERA every three months, which is then uploaded on the portal. So there is no scope for such lapse.
Blossom Greens, launched in 2010, offered properties to the first set of home buyers under OC, a part of the Noida Authority, in February 2017. Zest, in Sector 143, was launched in 2011 and comprises 14 towers with 3,400 flats, of which nine towers are incomplete. Homebuyers, who have received possession, are unable to register their apartments due to Logix Infratech’s dues to the Noida Authority.
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