Despite promises of redevelopment, the residents of Santacruz’s Khotwadi are stuck in dire circumstances. The builder Transcon Iconic Pvt. Ltd. (previously known as Sanjay Construction and Finance Pvt. Ltd.) has failed to provide rent for homes and commercial spaces for the last six years, informs a Khotwadi resident Kunal Gupta (35). He is currently residing in Virar while he awaits the allotment of his house in the redeveloped society.

 
The project, spearheaded by Aditya Kedia and Kirti Kedia of Transcon Developers, aimed to uplift the living standards of residents through modernisation and revitalisation efforts, Gupta tells Midday.