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As the developer, Logix Group, faces insolvency proceedings, the IRP has now demanded the Rs 90 lakh deposit for temporary connection, or residents will have to pay Rs 20-25 for every unit of electricity consumed.
A transaction audit of real estate firm Logix Infratech's Blossom Greens has claimed that the company allotted 261 flats in the Sector 143 condominium
The audit, which also alleged "deception in the allotment process", was commissioned to a private firm on December 12, 2022 by the interim resolution professional (IRP) appointed by the National Company Law Tribunal (NCLT). Logix Infratech went into insolvency on September 29, 2022.
In 2010, Logix got land cleared 2 months after agreement with couple; their advance transferred to ‘related parties’
Meanwhile, in response to the Express investigation, UP BJP spokesperson Rakeh Tripathi said, “Yogi Adityanath government has controlled corruption and gunda raj. If any matter of corruption comes to notice, action will be taken — even if the corruption is done by a political party or an individual of any caste or religion."