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MUMBAI: Slum Rehabilitation Authority (SRA) officials manipulated the list of eligible slumdwellers on the Wadala plot developed by Omkar group three times in five years. This substantially increased the development potential of the project and the developer managed to take a Rs 410-crore loan from Yes Bank, according to the chargesheet recently filed by the Enforcement Directorate (ED).
ED has named Omkar group promoters Babulal Varma and Kamal Kishor Gupta, and JM Joshi group promoter Sachin Joshi, and 14 firms associated with them in the chargesheet. Varma, Gupta and Joshi have already been arrested.
ED claimed that the list of eligible residents of Anand Nagar slum was manipulated last in 2016, just after Omkar Group took over the project. This increased the plot’s FSI from 2.05 to 4. However, the SRA website till date shows the development potential of the plot as per 2.05 FSI.