Tomorrow's Protest will Unite 725 Bhagtani Savannah Victims

Mumbai, 10th March, 2018: Hundreds of victims of Bhagtani builder's Savannah project will come together tomorrow (Sunday) to stage a protest at the project site at Kanjurmarg East. Between 2014 and 2016, MD Devcon Pvt Ltd, a group company of Bhagtani's Jaycee Homes, aggressively advertised the Savannah project, and collected booking amounts of roughly Rs 170 crore from 725 flat-purchasers, without any intention of completing the project and delivering flats. The funds were diverted and misappropriated by the builders.

Diipesh Bhagtani, the mastermind of the scam, has been in judicial custody since 11th January due to multiple FIRs registered by Economic Offenses Wing (EOW) for similar offenses committed in four other projects, viz. Riyo (Mira Road), Sapphire (Dahisar), Serenity and Krishaang (Powai). Meanwhile, Diipesh Bhagtani's elder brother Mukesh and father Laxman, who have also played major roles in the scam, have been absconding for many months, and are believed to be in Dubai. None of the employees and business associates of Bhagtani have so far been interrogated by the police.

The protesters' demands are: 

1) Police EOW should fast-track the investigations of their case.

2) Mantralaya must ensure a thorough investigation and prosecution, and take proactive steps for protecting the flat-purchasers' rights.

3) Bombay High Court should fast-track their case

4) Government, police and judiciary should act in a coordinated manner to ensure the extradition of Mukesh and Laxman Bhagtani to stand trial.

5) Employees, business associates or bank managers involved in the case should be interrogated and prosecuted.

Photos taken at a gathering of victims last week at the Bhagtani Savannah
project site at Kanjurmarg, give a glimpse of the protest that will happen
tomorrow. Many more agitated people from various groups are expected
to participate in the Sunday protest.

 

MD Devcon acquired the development rights for the project site (about nine acres of land at CTS no. 1285 A/E, Kanjur Marg East) through a power of attorney and development agreement executed by the land owners, namely Harmohan Singh Chandok Rabinder Kaur Chandok and M/s Babu Builders.

Protest banner demanding the return of absconders
Laxman and Mukesh Bhagtani.

Savannah project envisaged that six towers would be built, with 1 BHK flats ranging from 380 to 428 sq.ft. and 2BHK flats ranging from  550 to 650 sq. ft carpet area. Lavish world-class amenities, including club house, swimming pool, tennis court, basketball court, golf course and jaccuzzi were promised, to attract investors from India and abroad.

One of the posters prepared for the protest  tomorrow,
demanding the active involvement of the BJP government.

Poster demanding that the government should not remain
silent and passive regarding the Savannah scam.

Contact Persons:
Ravindra Singh: +9167990730
Jagruti Patankar: +918424046900
Vivek Katyayan:+918600028607
Sandeep Singh Sandhu:+9869541971
Rupesh Bangre: +9920621671

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9821588114
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