Mumbai: Mulund’s Lok Rachana society flooded due to nullah diversion by builder – ET RealEstate

MUMBAI: Mulund’s Lok Rachna society was flooded with two feet of water as a nullah was diverted by a private builder next to the society. The BMC then stepped into action and had to bring in an excavator to demolish the wall constructed by the developer to allow the water to flow. “There was major […]

Mumbai: BIT chawls’ redevelopment stuck at Marine Lines for two years – ET RealEstate

MUMBAI: Redevelopment of a prime two-acre BMC plot at Marine Lines has been stuck for nearly two years while the civic body has done little to push for it. The plot which housed BIT (Bombay Improvement Trust) chawls was taken up for redevelopment nearly five years ago. “We were to get new homes in eight […]

Mumbai: Two skyscrapers to come up at Arun Gawli’s Dagdi Chawl – ET RealEstate

MUMBAI: The once infamous den of underworld don Arun Gawli‘s criminal activities, Dagdi Chawl in Byculla here is all set to be redeveloped and make way for two swanky 40-storey residential buildings, an official said on Friday. The chawl, which was once a housing facility for workers employed in the nearby textile mills, currently has […]

Mumbai: Sewage plant makes way for a residential complex – ET RealEstate

MUMBAI: A sewage treatment plant (STP) in Kandivli (E) is making way for a residential complex. The plant spread over 37,000 sq ft is part of the Samata Nagar Mhada layout for low-income group, middle-income group and high-income group families. The complex, which has around 3,000 families, went in for redevelopment in 2007, and the […]

Mumbai: Civic body to restore property tax on sub-500 sq ft housing units – ET RealEstate

MUMBAI: Dwelling units in Mumbai of less than 500 sq feet will soon attract higher property tax than in the previous year. “It was a mistake,” said municipal commissioner Iqbal Chahal about the previous year’s assessment. “The state legislature while amending the BMC Act had allowed the waiver of only general tax. Instead of waiving […]

Former BMC commissioner Ajoy Mehta buys Nariman Point flat for Rs 5.3 crore – ET RealEstate

BY: Varun SinghMUMBAI: Former municipal commissioner Ajoy Mehta, who was also the chief secretary of the state, has recently bought a flat in Nariman Point for Rs 5.3 crore. Mehta is currently the chief advisor to Chief Minister Uddhav Thackeray. The flat that Mehta bought is located on the 5th floor of Samata Co-operative Housing […]

Mumbai: Housing society chairman who failed to audit his old building acquitted – ET RealEstate

MUMBAI: A magistrate court recently acquitted the chairman of a Ghatkopar (W) housing society two years after he was booked for failing to get a structural audit done on the old and reportedly dilapidated building despite a BMC notice. The court held that without making the legal entity, the housing society, an accused, only the […]

Mumbai: BMC terminates 999-year lease of Kalbadevi property – ET RealEstate

MUMBAI: In a first in the history of BMC‘s property leases, the civic administration has terminated a 999-year lease of the nearly century-old Pandya Mansion on Bomanji Master Lane near Kalbadevi post office. BMC took possession of the Rs 200-crore property from the lessees, Prakash and Manoj Pandya, after they were charged with carrying out […]

Mumbai: BMC plans to demolish ‘dangerous’ buildings in GTB Nagar – ET RealEstate

MUMBAI: The BMC has issued notices to residents of Punjabi Colony in GTB Nagar asking them to move out immediately as the buildings are in dangerous condition and need to be demolished. But many residents are refusing to leave as they don’t have alternate accommodation and cannot afford to pay rent. The BMC has cut […]

Bombay HC tells MMRDA to stop road work on housing society plot – ET RealEstate

MUMBAI: Bombay high court on Tuesday directed MMRDA to “forthwith stop work of road-widening on a plot owned by a housing society” in Kurla (W) after it alleged that the authority took possession of 700 sq metres in a “high-handed manner’’. The work is for an elevated road corridor from Kurla to Vakola on Santacruz-Chembur […]