A reader of our blog has alerted that Metrozone of Ozone Projects Kyoembedu [Near Anna Nagar] at Chennai is building apartments on a disputed land. Ozone projects seems to have eye washed the public with backing from HDFC property Fund, Reliance Land Ltd and Urban Infrastructure Fund. However, the land under construction by Ozone is disputed and stay being obtained by Advocate R. Neelakandan on behalf of his clients.
Interim Injunction from any carrying on any construction activity vide I.A No 9758/2008 and O.S.No 4215/2008 has been obtained on June-25th-08 from the City Civil Court of Chennai. Additionally, CMDA has issued "Stop Work Notice" to Ozone on 29th of June-08.
Apartment buyers in the said project need to exercise caution before they commit their funds as it may lead to litigations.
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