Agreement between Shivalik Ventures and SVI for approx 700 crores showing the double standards being followed by Shivalik.
Vide registered agreement no 6477 of 2008 dated 21.04.2008 Shivalik
Ventures Pvt Ltd granted irrevocable and exclusive rights in respect of the
“santacruz saleable area” to SVI Realtors Pvt Ltd for Rs. 737.5 Crores. Stamp
duty of approx 7 crores was duly paid.
a. Were the people/ families residing in the area informed of the same?
b. Was the general public, concerned authorities, etc. informed of the sale?
Was the point that Shivalik Ventures was no longer involved with the
project informed?
c. What are the tax implications? Has tax been paid?
d. Who is SVI?
Were the general public, authorities, officials informed of the same? Why is the Govt and IT officials silent till date??