Maradu flats compensation: Owners asked to submit documents

KOCHI: The committee appointed by the Supreme Court to oversee distribution of compensation to flat owners of the four apartment complexes, which were demolished in Maradu, has asked the owners to submit the documents sought in the proforma 3 before February 4. The committee warned that it will not allow additional time for filing the documents after February 4.

The flat owners have been asked to submit the proforma 3, along with the documents, for determining the balance amount, besides the compensation of Rs 25 lakh payable to them since the terms of the committee will expire on March 10. The proforma 3 was prepared by the committee. It has been noted that only 140 flat owners have submitted the documents sought in the proforma and affidavit for determining the balance amount by the committee.

The committee allowed compensation of Rs 25 lakh in 249 applications. It received 275 claim petitions from 267 flat owners.


The proforma seeks details like agreement for sale of land, undivided share, stamp duty paid, date of registration of flat, land value, building value, payments made to builder, bank loan availed, year of construction, reason for cash payment, documents to show direct payment to builder, reason for undervaluation if any and other details of the flats.