BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has sought an explanation from the Director, Panchadeep Constructions Limited, on the inordinate delay in their PPP project at Unit IV Market. Additional Commissioner, BMC, Alok Kumar Kar, in a notice on Friday, asked the Director to explain within 30 days why BMC should not take over the whole project at the cost of the developer and impose penalty.
The BMC has come up with a general public notice about Panchadeep Constructions Limited selling units of the project. As Bhubaneswar Development Authority (BDA) has not issued any occupancy certificate for the same, the project was not completed. “As such, the general public is cautioned not to buy any unit without verifying the Occupancy Certificate issued from the competent authority. The BMC shall not be responsible for any such transaction, if made,” added the notice.As the oldest public private partnership (PPP) project in the city, the market-cum-office in Unit-IV, which started in 1999, was to be completed by 2003, but it remains incomplete.