The slum redevelopment project by Transcon Developers has left many families in financial distress due to delay in project completion, non-payment of rent and unauthorised construction work in the society
Representation PicProlonged delay in providing compensation has left many families in financial straits, with no respite in sight
Despite promises of redevelopment, the residents of Santacruz’s Khotwadi are stuck in dire circumstances. The builder Transcon Iconic Pvt. Ltd. (previously known as Sanjay Construction and Finance Pvt. Ltd.) has failed to provide rent for homes and commercial spaces for the last six years, informs a Khotwadi resident Kunal Gupta (35). He is currently residing in Virar while he awaits the allotment of his house in the redeveloped society.