maverick holdings

In the first and second part of the series we explained how the concept of PPP model for Ejipura EWS quarters evolved and the reasons for the delay in implementation. This part will explore the nitty-gritty of project plan sanction. Why did the BBMP give plan sanction only for half segment of the project but has refused to approve other half of the project that comprises commercial establishment to be shared between the City Corporation and Maverick Holdings? When on May 31st, 2017, the High Court passed an order directing Maverick Holdings - the project proponent of Ejipura EWS quarters…

In January 2013, over 5,000- residents were evicted from the EWS quarters in Ejipura near Koramangala in South Bengaluru. The eviction was to facilitate BBMP’s new plan -- a developer, Maverick Holdings would construct new EWS quarters for the 1,512 families who were residing in the quarters. It has been five years since the eviction took place. In this series, Citizen Matters will bring to you a reality check on the developments in the project, what the evicted families are up to and what went wrong in implementation. In the first part, we hear from Uday B Garudachar, developer and Managing…

It is almost a year since the EWS Quarters slum was demolished and the residents ruthlessly thrown away from their homes. In spite of various protests and struggles against this inhuman slum demolition by slum dwellers, Dalit, Left, Student, Community based and other organisations for a year now, there hasn’t been a single response from the government on this issue. Even the new Congress government hasn’t responded to the five memorandums to the CM that the Forum against EWS Land Grab has submitted on this issue. The government in its callousness has not even bothered to hold talks on this issue and…

Members of the Peoples’ Union for Civil Liberties (PUCL) voiced concerns about the term ‘encroachers’ being used to describe Ejipura evictees. To prove that they are not encroachers but original allottees, they shared documents of property rights of the evictees, at a press conference held on 9 July 2013. PUCL, in association with Housing and Land Rights Network, another international NGO focussing on housing for poor, also released a report titled ‘Governance by denial,’ which analyses the related events before and after the eviction. Ramadas Rao, a member of PUCL, said the allegations of MLA N A Haris that evictees…

Recently unearthed details about the concessional agreement between the BBMP and Maverick Holdings show that the BBMP intends to hand over additional land to the firm but the BBMP is yet to inform its residents about it. Maverick Holdings is constructing a commercial complex as well as 1,512 low income homes at the site previously occupied by tin sheds housing low-income housing allottees, their tenants and squatters. But now the land previously allocated to pourakarmikas is also being handed over to Maverick Holdings. In response to an RTI query, B T Ramesh, Chief Engineer of the BBMP, replied that apart…

Uday Garudachar's candidature on a BJP ticket from Chickpet came as a surprise for many. While he has previously stood as an independent in Bihar for Rajya Sabha seat, Garudachar has not been politically active in the city, just as he states being a BJP member for the last six years. Uday Garudachar has an Electronic Engineering degree from Bangalore University. Maverick Holdings, an entity for which Uday Garudachar had been the managing director, has been involved in many government projects including affordable housing projects. Garuda Mall, one of the early malls in Bengaluru, was built by Maverick Holdings on…