NOIDA: Nearly 4,000 families at Jaypee Greens Kosmos are in a fix as the maintenance agency, a subsidiary of the builder Jaiprakash Associates Limited, will cease its operations from Wednesday and halt manpower and financial support for housekeeping and security services.
In a letter dated Nov 22, Jaiprakash Associates Limited-Facility Management Group (JAL-FMG), which has managed the society’s maintenance since 2015, and Suraksha Reality Ltd asked the society’s apartment owners’ association (AOA) to take over the housekeeping and other services.
The AOA, however, expressed its inability to manage these services as the company did not transfer the bank accounts or the balance amount collected as charges paid so far by the residents towards such services. Residents also pointed out that several towers and electricity infrastructure in the project were still incomplete, and the developer also has an outstanding water bill towards Noida Authority.
If the maintenance agency pulls out, water and electricity supply are also likely to be affected.
Ten of the 46 towers at the Kosmos project, part of the Jaypee Greens Wish Town in Sector 134, are still under construction. In May 2024, Suraksha officially assumed control of Jaypee Infratech Limited (JIL) through insolvency proceedings to complete the unfinished flats.
Earlier this month, TOI reported that Suraksha had failed to mobilise the promised Rs 3,000 crore required for construction, deploy workers, or even establish escrow accounts as stipulated in the resolution plan. According to the approved resolution plan, passed by NCLAT in May this year, Suraksha was supposed to resume construction of flats within 90 days.
“In 2015, Jaypee Infratech Ltd appointed its subsidiary, JAL-FMG, for the maintenance-related services of the society. Since then, residents have been depositing all the maintenance charges to the company’s account, which is about Rs 4,000 to Rs5,000 per month. Initially, while buying the flats, all the residents deposited about 1.5 lakh to the company in the name of a maintenance deposit, which is approximately Rs 80 crore. JAL-FMG has not transferred this amount to the AOA but wants it to take over all the services,” Brijesh Singh, a resident of the society, said.
The society’s AOA was set up in 2022, but since then has not received any maintenance charges from the residents.
“Despite paying all the charges timely, the society doesn’t have a water or sewer connection. Noida Authority has not provided the connections as the builder is yet to clear Rs 100 crore in land dues to it. We also don’t have any power backup infrastructure. Today, the AOA has zero balance. How are we supposed to fix the issues and take over all the maintenance work? Only when Suraksha completes all the pending infrastructure work can we take over the maintenance services,” Pushkar Singh, another resident, said.
Ishtiaq Ahmed, from the planning department of Noida Authority, said they have written to the maintenance agency and the developer for a mediation meeting with the AOA on Jan 6. Until then, everything should continue smoothly as it was.
Source Homevior.in
