MAPUSA
In another setback to the beleaguered builder Venkatesh Prabhu Moni, state revenue officials are now in the process of taking possession of his ground-plus-two bungalow at Salvador Do Mundo.
In a recent notice, Bardez Mamlatdar Dashrath Gawas has directed Venkatesh Prabhu Moni proprietor of M/s Prabhu Constructions and the guarantor Veena Prabhu Moni, who are defaulters, to handover the vacant possession of the bungalow to the creditor, Canara bank.
“The defaulters M/s Prabhu Constructions (borrower) through its proprietor Venkatesh Prabhu Moni and Veena Prabhu Moni (guarantor) are directed to handover the vacant possession fo the G+2 storey bungalow at Salvador Do Mundo admeasuring 7,681 sq mts to the authorised officer of the Canara Bank within 48 hours from the receipt of the notice,” said Gawas.
The notice further said if they fail to handover the bungalow then the property will be taken and handed over to the bank on October 11.
Two months back, the electricity department had cut off power supply to the bungalow after the builder failed to clear the electricity bill of around Rs 4 lakh.
Earlier, Canara Bank had taken possession of the builder’s office located at Dempo Trade Centre, Patto Plaza in Panaji for defaulting to clear a loan amounting to Rs 4.57 crore. Recently, his vehicle was also attached by the bank.
