SANKALP on Fast Track…..
15.11.11------First communication issued In the Mumbai office reg initiative about the
Power grid Colony at Panvel .
29.11.11------In the first General Body Meeting, all members elected Shri Vinay Kumar
shrivastava as the Chief Promoter and authorized him to take action for
Registration of the Society.
Promoters also finalized the proposed name of the Society as “Power Grid
Sankalp Cooperative Housing Society.
02.12.11------Papers submitted to The Panvel Registrar.
02.12.11------Land Search Committee (Abhisekh Gupta,Vivek Singh and Aditya Das )as
appointed by Chief Promoter visited various Locations under the Lead
Guidance of CIDCO office. Committee has Zeroed in on few locations .The
proposed Location is about 22 Kms from the International Airport(25 min)
and adjacent to Bollywood Super Star Juhi Chawala Bungalow farm
House.
06.12.11------A committee consisting of shri sanjay Gupta, Shri RP Singh and Shri Shenoy
has been constituted by Chief Promotor and is being requested to open front
with All Bankers for smart negotiation of deal for employees loan.They are
also requested to open account with Cooperative hosing Bank.
06.12.11------A committee consisting of shri Aditya Das,Shri Ankur Gulati and Vivek
singh has been constituted by Chief Promotor and is being requested to
start preparing RFP(REQUEST FOR PROPOSAL )
06.12.11------A committee consisting of shri ABHISHEK GUPTAs,Shri Vivek
singh ,Mrs Ritu has been constituted by Chief Promotor and is being
requested to start preparing draft BY LAWS.
14.12.11------Chief Promotor has appointed and requested Shri S K Shrivastava ,Chief
Manager(Law) WRTS 1 ,Nagpur to guide the society on legal matters
and to suggest remedial measures to counter hurdles faced in other
societies of Powergrid.
14.12.11------Two Rounds of Meeting with Registrar office at Panvel completed.Forms
has been provided by the Registrar office for filling up by the
members.Work is in progress and all documents are being filled up.
17.12.11------Chief Promoter personally visited the site location as finalized and
recommended by Search Committee .He also visited 4 more sites in the
vicinity. After taking into account all the factors the Site Location
as recommended by Search Committee is approved by the Chief
Promotor.The Location finalized is near Chouk Railway station near Panvel
on the Mumbai Pune old Express Highway and is 2 minutes inside from the
Main Express Higheway.It is near to most happening place in that area as
Big integrated Townships by India Bull and Hiranandani is coming within
10 Kms from the Location finalized. The Location is cleared for inclusion in
the RFP .All members are invited to visit the locations and suggest any other
input.
The USP of the land is that on one side we will have a Canal which can be
beautifully developed for a Garden, Coffeeshop and Fishing Joint.
28.12.11------Second General Body meeting was held on 28.12.11 at WRLDC Conference Room.
Following is the Excerpts of the Meeting.
a)Application in original for 60 members admitted by Registrar on 27.12.11.
b) Temporary account opened in Axis Bank in the Joint name of Shri VK Shrivastava+shri
RP Singh + Smt Usha M Nair with a condition to operate the account with atleast two
signatories.
c)All Members who wish to convert their EOI to confirmed Membership are required to
submit a fee of Rs 1100 (towards two shares of Rs 500 each + 100 Rs Membership fee) as
per by laws of Maharashtra society Act.
d)Draft RFT PPT showcasing the impression of Promotors about the ameneties to be provided
was shown.The Ameneties included state of the Art Club house with sauna,Jacuzzi,Swimming
Pool, Indoor badminton Court, Organic garden etc.All Confirmed Members will be given a CD
for giving their Views before finalizing the RFP(Request for proposal) .
e) The cost of RFP itself will be Rs.25,000/- so that only serious prospective
developer come for this project.
f)It will be developer who will be purchasing the land finalized by society and he will get its first payment only after the land is registered in the name of the society.
g) The prospective developer will have to pay a bank guarantee of Rs.5 Crores which will be with the society as Contract Performance Guarantee.
h)Any individual real estate player either on its own or through joint venture /
collaboration/Consortium is eligible for purchasing the RFP, provided the
consortium meet various general and financial conditions of the RFP.
i)As done in other cases of Powergrid societies ,there will be no open tendering. Any
member of the society can refer suitable developer for purchasing the RFP.
j)The finalization of the contract will be in the spirit of offline Reverse auction method
so that society gets the most competitive offer and all its member get their house at
the lowest cost possible against the standard specification and terms and
conditions.
K) Due to any circumstance if Govt. increase the FSI, the advantage of the same will be to the society . Developer will have no claim but any obligation to enhance the FSI will be the responsibility of Developer.
L) During the meeting it was also decided that whereas the present site is Zeroed in but at the same time it was decided that two separate and independent search groups will look for the other alternatives. First Group other better land and second Group any other alternative including Bulk purchase from Hiranandani etc.However exercise is to be completed before 31/01.12 by both the committees.
M) Presently three types of quarters is planned. The details are as under :
Sl.No. / Type / Likely super built / Target rate of sq.ft / Target cost taken1. / 1/2 BHK Gold / 800 sq.ft / 3300 / 26.40
2. / 2 BHK Platinum / 1100 sq.ft / 3800 / 41.80
3. / 3 BHK Signature / 1500 sq.ft / 3800 / 57.00
Whereas the exterior of all the buildings and common amenities will be same for all the quarters, the inside specification of 1/2BHK Gold will be modified to meet the target price of 26.4 lakhs seeing the request and aspirations of many of the employees.
Note :The rates indicated is target price and it is no way any confirmation to the rates as of now .
N)All these are at formulation stage and all members who are converting their EOI to confirmed Membeship by paying fee of Rs 1100 are requested to suggest any views on all this before finalization of drafts.
After protracted discussion , the Final RFP to be floated for Tender was adopted and approved by General Body.
14.01.12—Temporary and adhoc account has been opened in the AXIS BANK and the cheqes/Drafts receieved till now has been deposited.Once the Credit comes the details of the Members whose cheques have been receieved will be flashed transparently .
14.01.12----On the feedback and suggestions of many Members ,all out efforts are being made to bring the site nearer towards Mumbai without compromising the Target Price.There is positive Development on this Front .
14.01.12—Depending upon the Size and FSI of new site, today it can be said that first 200 members having paid the Membership Fee will have confirmed Membership. All above 200 will be wait listed .Hence all are requested to act fast and send the Membership Fee.
However society will do its to accommodate maximum possible nos.
01.02.12-----There was NIL INPUT FROM BOTH THE COMMITTEES FINALISED DURING 2ND GBM
.THE TIME PERIOD GIVEN TO BOTH THE COMMITTEESS WAS UPTO
31.01.12. ALTHOUGH SANKALP SOCIETY HAS SUFFERED TIME LOSS OF ONE MONTH
,HOWEVER IT WAS WORTH IT IN THE SPIRIT OF DEMOCRACY AND TRANSPARANCY.
REGISTRATION PROCESS OF THE SOCIETY WHICH WAS KEPT UNDER HOLD AWAITING
ABOVE REFERRED COMMITTEE;S RECOMMENDATION HAS BEEN REACTIVATED.
DURING THIS LAST ONE MONTH , CHIEF PROMOTOR ALONGWITH HIS TEAM HAS
COME WITH THREE MORE SITE PROPOSALS.,ALL THREE NEW LOCATIONS ARE
BROUGHT ABOUT 10 TO 15 KMS NEARER TOWARDS MUMBAI W.R.T EARLIER
LOCATION.
A SITE VISIT TO ALL THESE 4 LOCATIONS ARE PLANNED ON SATURDAY I.E 04.02.12.
ALL INTERESTED MEMBERS SHOULD APPROACH FOR THE DETAILS.
02.02.12 permission of Asst Registrar receieved for reserving the name of our society as
“POWERGRID SANKALP COOPERATIVE SOCIETY”
Permission of Asst Registrar receieved for opening the saving account in Cooperative Bank
in Panvel Branch and depositing the shareholders collection.
Membership Fee of Rs 1100 was collected from all Members and kept in the Adhoc Account
opened in joint account in Axis Bank .
Now as per the amended provision only 600 Rs (2 shares of 250 each + 100 Rs membership
Fee) is enough for registration of each Member. So in coming few days Rs 600 per Members
will be taken out from AXIS BANK and deposited in Panvel Cooperative Bank.
04.02.12
As planned ,a team of Promoters visited all 3 sites falling under Panvel Registrar Jurisdiction.All sites were seen and detailed discussion were held on the spot with the Local Architect and all minute details like levels of land ,quantum of filling,availability of water and Power, Acesss from Main Road etc were deliberated on site.
The no 2 site (on that day) was recommended by all .The Google Earth Map with its LaT Long and parameters indicating the distances from major establishments are loaded on the Main Paje of the WEB.
The Location is on NH4 on Mumbai-Pune old Express Highway and is just 10 Kms from the proposed International Airport at Panvel.The land is 2.0 Kms before the Major Integrated Township being created by Hiranandani on 1200 Acres Plot where the present Rate going is 5100 per sqft.
All the infrastructure of Hiranandani like Hospitals,Banks,Malls will be just 2.5 Kms away from Saudamini.Our Plot is just adjacent to a Plot where a Big Bungalow Scheme is already under scheme. Just adjacent to our finalized land ,there is Plot of Famous cine star Amir Khan.
08.02.12 USP OF Sankalp has been Democracy,Transparancy and keeping involved all the members
,irrespective of their Place of Posting.All are involved at every step and all can design their
would be Abode.
Keeping this spirit, the Draft RFP has been uploaded and all are requested to offer therir
views/comments and suggestions by 15.02.12.
ALL OUT EFFORTS HAS BEEN MADE TO ADDRESS THE PITFALLS ENCOUNTERED IN OTHER
POWERGRID SOCIETY AND THE INTEREST OF MEMBERS HAS BEEN KEPT THE HIGHEST
PRIORITY.
The USP of the adopted RFP is
a) No money will be released to Developer ,till the Land is purchased by successful Developer and Registered in the name of the Society.
b) A CPG of 5 Crorers will be kept from the Developer all along the contract.
c) At no stage,Advance Money will be Paid to the Developer breaking all the prevalent trend of the industry.First Asset Creation and then society/Members will pay the money.
08.02.12----ED(WRTS1) VISITED SITE AND REVIEWED THE RECOMMENDATION OF THE PROMOTORS
FOR THE FINALISED SITE.HE HAD ON SITE DISCUSSION WITH THE ARCHITECT.
ED(WRTS1) HAS LIKED THE SITE .
15.02.12--- AS PER THE BYLAWS CLAUSE 114 OF MAHARASHTRA COOPERATIVE HOUSING SOCIETY ACT
1961,
QUOTE
‘
“A BANKING ACCOUNT SHALL BE OPENED BY THE SOCIETY IN THE NEAREST STATE OR DISTRICT CENTRAL COOPERATIVE BANK OR ITS BRANCH OR IN ANY SCHEDULED COOPERATIVE BANK”
UNQUOTE
ACCORDINGLY ACCOUNT HAS BEEN OPENED IN THE NAME OF POWERGRID SANKALP COOPERATIVE HOUSING SOCIETY IN THE RAIGAD DISTRICT CENTRAL COOPERATIVE BANK LTS ALIBAG
THE CUSTOMER NO OF ACCOUNT IS 994108
16.02.12---ALTHOUGH THE ACCOUNT HAS BEEN OPENED IN THE COOPERATIVE BANK ,PANVEL BRANCH BUT THIESE BANKS DO NOT HAVE MODERN TRANSACTION FACILITIES LIKE RTGS TRANSFER/INTERNET BANKING ETC.
HENCE AS PER THE BYLAWS 114 ,PERMISSION IS BEING REQUESTED FROM REGISTRAR FOR OPENING THE ACCOUNT IN SBI,NATIONALISED BANK.
16.02.12-----TIE-UP WITH BANKS IS GOING ON BY THE COMMITTEE HEADED BY MR SANJAY GUPTA.AS PER THE INDICATION AND PRESENT PROGRESS ,10% SEED MONEY OF 3 LAKHS IRESPECTIVE OF TYPE OF QUARTERS WILL BE REQUESTED BY 15TH MARCH 2012.
ALL MEMBERS ARE BEING GIVEN THIS ADVANCE INFORMATION .GENERALLY IT IS SEEN THAT AT THE TIME OF TAKING SUCH SIZABLE AMOUNT BY THE SOCIETY ,THE REAL PICTURE OF CONFIRMED MEMBERS EMERGES. THE CHEQUE/DRAFT WILL BE IN THE NAME OF “POWERGRID SANKALP COOPERATIVE HOUSING SOCIETY”.
ALL MEMBERS WHO WOULD HAD GIVEN MEMBERSHIP FEE BY THAT TIME WILL BE ELIGIBLE TO MAKE PAYMENT OF 3 LAKHS IRRESPECTIVE OF THEIR POSITION TODAY I.E CONFIRMED OR RAC.
FIRST 300 MEMBERS WHO WILL MAKE 3 LAKHS PAYMENT WILL BE CONFIRMED MEMBER OF THE SOCIETY.
IN ORDER TO NEUTRALISE THE DISTANCE EFFECT,A MEMBER SITTING IN ANY CORNER OF THE GLOBE CAN SEND EITHER THE SCANNED COPY OF DRAFT/CHEQUE.RECEIPT OF MAIL WILL DEEM TO HAVE SUBMITTED THE 3 LAKHS AMOUNT .EVERDAY THE LIST WILL BE COLOURED FOR TRANSPARANCY. .
DEPENDING UPON THE SPILLOVER ABOVE 300 NOS,SOCIETY WILL TAKE INITIATIVE TO INCREASE THE AUTHORISED CAPITAL OF THE SOCIETY WITH THE REGISTRAR.SOCIETY WILL DO ALL ITS BEST TO ACCOMMODATE AS MANY AS POSSIBLE EVEN BEYOND 300 NOS BUT SEEING THE OVERWHELMING RESPONSE (TODAY RAC IS 150---I.E 50% OF THE ORIGINAL NO) ,THE ABOVE METHEDOLOGY HAS BEEN PUT IN PLACE.
MOST AGGRESSIVE MEMBER CAN EVEN SEND THE CHEQUE/DRAFT NOW ITSELF BUT PRESENTLY RTGS FACILITY IS NOT AVAILABLE.
29.02.12------A MAJOR MILESTONE HAS BEEN ACHIEVED TODAY BY GETTING THE SOCIETY REGISTERD .REGISTARTION NO IS 2523.
01.02.12 AS PER CLAUSE 86 OF MAHARASHTRA HOUSING SOCIETY ACT AND BYLAWS ,NOTICE IS HEARBY BEING GIVEN (14 DAYS NOTICE PERIOD MANADATORY) FOR FIRST GENERAL MEETING AT 0530 PM ON 16/03/2012 AT WRLDC POWERGRID OFFICE.ALL MEMBERS(WHO HAVE PAID RS 1100 )ARE INVITED TO THIS MEETING.
01.02.12------RFP IS NOW ON SALE FROM 09 AM UPTO COBH (CLOSE OF BUSINESS HRS ) upto 0100 PM OF 22.03.12(THURSDAY).ALL MEMEBRS PAN INDIA ARE REQUESTED TO MOTIVATE INTERESTED DEVELOPERS FOR PURCHASE OF THE RFP DOCUMENTS BY PAYING A SUM OF RS 25000 BY WAY OF DEMAND DRAFT IN FAVOUR OF “POWERGRID SANKALP COOPERATIVE HOUSING SOCIETY”
FOR FURTHER DETAILS PROSPECTIVE DEVELOPES MAY APPROACH CHIEF PROMOTOR .
15.03.12
Sub: Postponement of FGM scheduled to be held
on 16/3/2012 at 5.30 PM.
As per the communication received from Registrar- Panvel Office, he has expressed his inability to attend the meeting or to depute his authorized representative during the scheduled FGM on 16/3/2012. At the same time many members from offices other than Power Grid have also expressed their difficulty in attending because of financial year ending pressure. Accordingly, the FGM scheduled is being postponed till further notice to be given as per clause 88 of bye laws MCA, 1961. Meanwhile, following members representing from all strata will be carrying out day to day business of the society. The total number has to be 9 as per clause 115.