Dream Project of Bhendi Bazar

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Hozefa
Posts: 192
Joined: Mon Sep 10, 2007 4:01 am

Dream Project of Bhendi Bazar

#1

Unread post by Hozefa » Fri Aug 07, 2009 2:15 am

Highlights

Investment : 1500 Cr

786,000 Total area in Sqft

386,000 Open area for roads and greens in Sqft

400,000 Net foot prints area for buildings in Sqft

3 to 25 average floors heights

6,000,000 Gross Built up area in Sqft

5,000,000 Nett build up area in Sqft

2,000,000 Building area in Sqft to be reserved for old tenants [Res. + Comm]

3,000,000 Building area in Sqft to be sold in market rate [Res. + Comm]

7,860 Average market rate [Res. + Comm]

25,000,000,000/- [Rs. 2500 Cr.] Nett Revenue

Expenses:-

Rs. 1000 Cr. Construction Cost for Buildings

Rs. 300 Cr. Construction Cost for Infrastructure / Road and services / Parking

Rs. 250 Cr. Design + Operational Cost

Rs. 200 Cr. Taxes and Govt. Authority

Rs. 50 Cr. To be reserved for maintenance

Rs. 250 Cr. To be reserved for future expansion

Rs. 200 Cr. reserve for contingencies

Rs. 100 Cr. for temporary residence facility and compensation of business loss to existing tenants

Balance Rs. 150 Cr. Will be reserved for funds

accountability
Posts: 1640
Joined: Sat Oct 15, 2005 4:01 am

Re: Dream Project of Bhendi Bazar

#2

Unread post by accountability » Sun Aug 09, 2009 7:47 pm

Total revenue is 2500 crores, not the net revenue.

Let me take you back to another mega project, it was agha khan hospital in karachi. Funded by agha khan foundation. Aga khan foundation got the land from former dictator zia ul haque (Syedna saheb was also very friendly with him) free of cost. The land is situated in the prime locality in karachi. it spreads in tens of acres, the land cost was estimated in 1982 to be more than 100 million dollars. Agha khan foundation built the hospital at the cost of 250 million dollars, which was recovered in just 3 years. Presently agha khan foundation owns in toto this multi billion dollar facility. it is employing thousands of agha khanis and providing medical service to them at nominal cost if they can not afford. On the contrary our saifee hospital in mumbai is reserved for an elite class though every bohra has contributed towards it. I have gathered that in saifee hospital bohras are not prefrential employees, rather all major departments have alien heads. Neither are bohras given medical services at compensated rates. Though through its income it could provide bohras deserving free services without any difficulty.

Coming to this mega project, it did not elobrate how would it be funded, how many bohras will get employment oppurtunities. Who are the co sponsorer. Qaid johar bhai saheb in a photo up with maharashtra chief minister tell a tell tale story. Will the remaining salebale space be reserved for bohras only. let me also remind, what will happen to those banks in the area, because according to our official stand, any business with banks are not allowed. Though many banks are tenants in jamat properties.

Smart
Posts: 1388
Joined: Tue Jul 15, 2008 4:01 am

Re: Dream Project of Bhendi Bazar

#3

Unread post by Smart » Sun Aug 09, 2009 11:07 pm

^^^
This is how dreams turn to nightmares for the common bohras.

Aqa Moula_Zindabad
Posts: 91
Joined: Sun May 03, 2009 11:58 pm

Saifee Burhani Upliftment Project

#4

Unread post by Aqa Moula_Zindabad » Tue Aug 18, 2009 7:32 am

Documentary about Saifee Burhani Upliftment project was broadcasted on DD National Channel News at 1:30 IST y'day.....DD national channel has got a million times wider coverage than the local news papers which Mr. Insaaf quotes 100 times a day....its difficult to even remember the names :lol:

Smart
Posts: 1388
Joined: Tue Jul 15, 2008 4:01 am

Re: Dream Project of Bhendi Bazar

#5

Unread post by Smart » Tue Aug 18, 2009 2:52 pm

^ Big Deal !
As if broadcasting by Doordarshan gives the whole thing credibility !!!
AMZ I really appreciate your sense of inconsequential repartee.

mumin
Posts: 398
Joined: Tue Dec 12, 2000 5:01 am

Re: Dream Project of Bhendi Bazar

#6

Unread post by mumin » Tue Aug 18, 2009 6:54 pm

The karachi quettawalla hospital is the same scenario. Under private quettawalla management in the 1950s and 1960s this hospital was doing an excellent job till the kothar mangement took over. many a lives have been lost.
Another interesting case is in the south eastern u.s.a.. A residential single family home was purchased and turned into a markaz. The county has stopped its use and have given the jamaat a list of changes to be made. small communities in the southeastern united states are tired of some of these ignorant committee members that do not know anything about engineering or construction or anything at all but are making decisions and spending the mumineens hard earned money without any accountability. . The reason they are decision makers and at the right hand of the raza na saheb is not because of their education or character but because they are crooked and cunning enough to rob the mumineen of their hard earned money ; to make the maximum collection to satisfy the ever growing demands of the money hungry bhaisaheb.

salim
Posts: 406
Joined: Sun Aug 11, 2002 4:01 am

Re: Dream Project of Bhendi Bazar

#7

Unread post by salim » Wed Aug 19, 2009 3:35 am

The Aga khan Hospital project is comparable with saifee hospital.

A simillar comparision with Bhendi Bazar project will be Al-Azhar park constructed by Aga khan foundation. It costed around 1500 cr. and It was a gift of Aga khan to people of cario. Currently Egypt government gets all the income from the project.

The project include the restoration of 1.5 kilometres of the 12th century Ayyubid wall and socio economic initiatives in the neighbouring Darb al-Ahmar district. These include housing rehabilitation, microfinance, apprenticeships and healthcare. The Park itself attracts over one million people per year.

The project also include historic building rehabilitation - 14th Century Umm Sultan Shaban Mosque, the 13th century Khayrbek complex, and the Darb Shoughlan School

http://www.akdn.org/aktc_hcp_alazhar.asp
http://en.wikipedia.org/wiki/Al-Azhar_Park

Aqa Moula_Zindabad
Posts: 91
Joined: Sun May 03, 2009 11:58 pm

Re: Dream Project of Bhendi Bazar

#8

Unread post by Aqa Moula_Zindabad » Thu Aug 20, 2009 12:36 am

Smart wrote:^ Big Deal !
As if broadcasting by Doordarshan gives the whole thing credibility !!!
AMZ I really appreciate your sense of inconsequential repartee.
I am sure u will also appreciate "sense of inconsequential repartee" of Mr. Insaaf who keeps on quoting and pasting all the gali media news almost in his every post.....well that's i think a Big Deal for u....now i dont appreciate ur nonsense.

Smart
Posts: 1388
Joined: Tue Jul 15, 2008 4:01 am

Re: Dream Project of Bhendi Bazar