Bombay HC denies Air India Colony staff plea against building demolitions
Author : PNT Bureau
The Bombay High Court has dismissed a plea by the Air India Colony staff association to maintain the status quo for two weeks until the Supreme Court addresses the matter on February 13. The association sought to preserve the current state pending further judicial review. However, the court rejected their request, indicating a swift decision on the issue of demolition of vacant buildings. This development points to the legal proceedings progressing quickly, potentially leading to imminent action regarding the disputed buildings....
Adivasis petition BMC for compensation over GMLR-induced property loss
Author : PNT Bureau
Adivasi communities residing in Aarey's Film City, Mumbai, are facing uncertainty following the BMC's dismissal of their land claims under the Forest Rights Act. The Adivasi Habale Pada Mandal has expressed discontent through a formal letter to the civic authority, challenging the decision and requesting compensation. The municipal corporation, however, has rebuffed these claims, asserting that a forest rights committee must be established before reaching a resolution. Meanwhile, surveys for the planned Goregaon Mulund Link Road (GMLR) are underway to evaluate its potential impact on Adivasi-held lands....
Bombay High Court allows Govinda Tower reconstruction after 25-year tragedy
Author : PNT Bureau
The Bombay High Court has approved the reconstruction of the seven-storeyed Govinda Tower in Kherwadi, Bandra (E), which tragically collapsed over 25 years ago. Justices Gautam Patel and Kamal Khata highlighted the severity of the incident, which resulted in numerous injuries and fatalities. Originally built on a MHADA-leased plot, the building's reconstruction efforts by previous developers failed. Following residents' pleas, the court permitted the appointment of a new developer in August 2023. Despite opposition from the resolution professional involved in insolvency proceedings against the previous developer, the court directed BMC and MHADA to process the society's development proposal, marking a crucial step towards reconstruction and bringing hope to the residents of Kherwadi....
Housing Boost: Government allocates funds for middle-class homeownership
Author : PNT Bureau
The government unveiled a new housing initiative in the Union interim budget for 2024–25, aiding the middle class in owning homes. Finance Minister Nirmala Sitharaman revealed the plan, aiming to assist those renting or in slums to buy or build homes. While specifics are pending, PM Narendra Modi hinted at it, focusing on interest relief and bank loans. The Ministry of Housing's budget sees a 12% increase, drawing industry praise. However, concerns linger about fund utilization. Amidst reductions in certain schemes, the focus on affordable housing and rural initiatives remains strong, reflecting the government's commitment to inclusive development....
Bombay High Court pushes for answers on Lalbaug flyover cracks
Author : PNT Bureau
A Bombay High Court Bench comprising Chief Justice Devendra Kumar Upadhyay and Justice Arif S Doctor have instructed the BMC to submit details of the inquiry into construction lapses concerning the Lalbaug flyover within six weeks. The directive is related to disclosing the findings of the enquiry conducted by the Statutory Technical Advisory Committee (STAC) regarding any lapses or breaches by the contractor in the construction of the flyover. The High Court's decision underscores the importance of transparency and accountability in construction projects, emphasizing the need for thorough investigations into potential shortcomings in the infrastructure development process....
Maharashtra Government rolls out 'Abhay Yojana' to ease CIDCO dues
Author : PNT Bureau
In a recent announcement, Chief Minister Eknath Shinde has delivered long-awaited relief for thousands of families, Project-Affected Persons (PAPs), and developers in the city's housing societies. Based on committee recommendations, CIDCO will disconnect pending dues from the grant of Occupation Certificates, conveyance, society formation, and flat transfer NOCs. The newly introduced "Abhay Yojana" amnesty scheme offers a 50% concession to payees for outstanding dues recovery. This move is expected to benefit over 1,000 housing societies and more than 10,000 families, addressing delays caused by demands for Maveja and Additional Lease Premium (ALP) from CIDCO. The directive ensures the issuance of necessary documents without tying them to Maveja/ALP recovery, providing significant relief to stakeholders and marking a crucial step towards easing financial burdens....
BMC voices concerns over the DP 2034 TDR rules for Dharavi
Author : PNT Bureau
The Brihanmumbai Municipal Corporation (BMC) has raised objections to the Maharashtra government's proposal that 40% of all Transfer of Development Rights (TDR) used in construction projects in Mumbai must come from the Dharavi redevelopment project (DRP). The BMC expressed concerns about the feasibility of implementing the Development Plan (DP-2034) and potential challenges in acquiring reserved land if conditions on Dharavi TDR utilization are imposed. The BMC emphasized that the imposition of utilizing Dharavi TDR first could result in no takers for its TDR allocated for land acquired for roads and public amenities. Additionally, the BMC opposed the proposal to eliminate indexation for DRP TDR, urging the government to consider the unique circumstances and challenges associated with the Dharavi redevelopment project....
Pimpri Chinchwad civic body issues notices to 426 units for safety violations
Author : PNT Bureau
In the ongoing survey by Pimpri Chinchwad Municipal Corporation, the civic body has examined 43,925 commercial properties. Among them, 2,423 establishments have been identified for violating safety norms, with 718 of them classified as industrial units in the Talawade red zone. Officials emphasize the urgency of immediate intervention to avert potential major fire mishaps. This comprehensive assessment reflects the civic body's commitment to enhancing safety measures and underscores the critical need for prompt corrective actions to mitigate risks and safeguard both property and lives within the specified zone....
Mumbai builder faces arrest in Taloja project cheating case
Author : PNT Bureau
The Economic Offences Wing (EOW) of Mumbai has arrested prominent builder Lalit Tekchandani over allegations of cheating and forgery in connection with Supreme Constructions' Taloja project. The case involves accusations that Tekchandani and other directors accepted payments from homebuyers but failed to deliver on promises, leading to an FIR with charges of cheating and forgery. The FIR mentions an estimated cheating amount of INR 73 lakh. A lookout circular was issued, and the case was transferred to EOW for further investigation. Homebuyers, including Hera Jadhwani, disclosed promises unfulfilled since 2016, prompting authorities to uncover the extent of the alleged fraud....
NCLT accepts J Kumar Infraprojects' bid for Pranav Construction
Author : PNT Bureau
In the ongoing insolvency proceedings with the NCLT, J Kumar Infraprojects has submitted a proposal to acquire Pranav Construction for INR 45 crore. This move has been approved by the bankruptcy court. The acquisition involves taking over the real estate company, with J Kumar Infraprojects addressing admitted liabilities amounting to approximately INR 212 crore. This strategic step comes within the framework of the insolvency process, signalling a significant development in the financial restructuring and resolution of Pranav Construction's assets and liabilities. The National Company Law Tribunal's approval binds all stakeholders involved in the resolution plan....
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