Exotica Dreamville GBM Turns Chaotic Over Financial Issues

A general body meeting at Exotica Dreamville in Greater Noida West reportedly witnessed heated arguments over auditor appointment, financial decisions and alleged lack of transparency by the AOA.

Greater Noida West: A general body meeting (GBM) at Exotica Dreamville reportedly turned heated as residents raised objections over the proposed appointment of an auditor and other financial matters concerning the housing society.

The meeting had been convened to discuss the appointment of an auditor. However, residents alleged that the financial handover-related proposal was suddenly put forward without being properly included in the agenda or discussed beforehand.

Some resident posts also claimed that the proposal involved a financial amount of around ₹10–12 crore, while the AOA was allegedly considering a settlement of around ₹5 crore. The figures and the circumstances surrounding the proposal have not been independently verified.

The meeting reportedly saw strong objections from several residents, with questions being raised over the process adopted by the Apartment Owners Association (AOA).

Another social media post from residents alleged that the auditor appointment had been brought before the GBM without sufficient prior discussion. It further claimed that certain AOA board members were kept away from parts of the proceedings.

Residents reportedly sought greater clarity on the financial issues and the decision-making process, with some demanding that major matters involving the society’s finances should be discussed transparently before any decision is taken.

The developments have triggered discussion among residents about the functioning of the AOA and the need for clear communication on major financial and administrative decisions.

At present, the allegations circulating on social media represent the residents’ claims, and an official response from the Exotica Dreamville AOA regarding the meeting and the financial figures was not included in the material provided.

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