GVMC plans to develop Mudasarlova park with ₹50 crore
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A file picture of the Mudasarlova Park on the outsirts of Visakhapatnam.
Officials from Greater Visakhapatnam Municipal Corporation (GVMC) will be issuing Request for Proposal (RFF) to develop Mudasarlova park in the city with an estimated budget of ₹50 crore, soon. The corporation is mulling to give the old park a grand facelift and develop it as a good theme park to attract the tourists in the coastal city, which is touted to be the new Executive Capital of the State. The proposal to develop this park was put before the members of new council in the first corporation meet which was held on Friday and the council members have approved it.
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VMRDA to serve notice on builder
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Homebuyers allege non-delivery of flats, violation of other laws
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Homebuyers allege non-delivery of flats, violation of other laws
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) said it would serve a legal notice on YTR Enterprises Limited a real estate builder after receiving complaints from several homebuyers that it has failed to hand over residential flats to them for years.
The YTR Residency Flat Owners Welfare Association, comprising several individuals who had bought flats from the builder, had recently submitted a memorandum seeking legal action against it citing irregularities and violations of law. The association alleged that the builder had sold flats that were mortgaged to VUDA (now VMRDA) and complained about non-completion of the building.