The building was then bought by C.R.Srinivasan of the Swadesamitran for the newspaper's offices - their presses were in Royapettah, but perhaps Srinivasan was carried away by the symbolism: taking over 'Victory House' from its British owners reflecting the success of the newspaper's strident calls for 'self-rule'. Maybe he named it 'Victory House' after he bought it, celebrating that success. In any case, the newspaper itself fell away and was almost bankrupt by the mid-1970s.
It was sometime around then that The Swadesamitran Ltd began asking its tenants to move out of the Victory House, claiming that the century-old structure was unsafe for occupation. One of the tenants, who was paying a monthly rent of Rs.7,000/-, offered to buy the 10-ground property for Rs.20 lakhs. The situation became messy, with Swadesamitran going to court for an eviction and the tenant filing a counter-case arguing that Swadesamitran was backing out on their deal merely to raise the price. While I do not know the details of the arguments, or even the final judgement, it is easy to assume that the tenant won the case. Over the years since, that former tenant - VGP & Co. - has converted the entire building into one huge stockpile of consumer electronics and durables. Victory House has lost its earlier charm (you can see the earlier building in this picture, on the right) and has become one more nondescript structure on Mount Road!
No comments:
Post a Comment