Municipal Commissioner Bhushan Gagrani has accused the Slum Rehabilitation Authority (SRA) of encroaching on the BMC’s jurisdiction as the planning authority. In a letter sent this month to the SRA’s CEO, Gagrani highlighted this concern and has now escalated the issue to the state’s Urban Development Department (UDD). Gagrani stated,
In a major victory for 14 housing societies in Mumbai’s Juhu Vile Parle Development (JVPD) Scheme, the Bombay High Court has granted them “absolute right” over common plots, concluding an eight-year legal battle. The court determined that these plots belong solely to the societies and that the Maharashtra Housing and
The real estate sector received debt sanctions totaling ₹9.63 lakh crore between 2018 and 2023, with a potential for ₹14 lakh crore in debt financing over the next three years, according to a report by JLL India and Propstack. Their joint report, “Decoding Debt Financing: Opportunities in Indian Real Estate,”
A bench of the Maharashtra Real Estate Regulatory Authority (MahaRERA), including member Mahesh Pathak, has determined that the Real Estate (Regulation and Development) Act, 2016, does not grant the authority the power to adjudicate disputes stemming from development agreements. Such matters are under the jurisdiction of civil courts. As a
The Mumbai Metropolitan Region Development Authority (MMRDA) is confronting allegations of significant irregularities and malpractices within the Maha Mumbai Metro. In response, MMRDA Commissioner Dr. Sanjay Mukherjee has ordered an investigation after uncovering suspicious activities in the metro’s operations, official sources reported on Thursday. According to sources, the Commissioner first
Bhushan Gagrani, the head of the Brihanmumbai Municipal Corporation (BMC), has accused the Slum Rehabilitation Authority (SRA) of overstepping its jurisdiction as the planning authority. In a letter sent this month, Gagrani claims that the SRA is issuing development permissions under regulations 33(12)B and 33(19), which are not covered by
In an effort to facilitate the relocation of tenants from the old Bombay Development Directorate (BDD) Chawls and encourage greater cooperation, the Maharashtra Housing and Area Development Authority (MHADA) has decided to provide eligible tenants with 11 months’ rent in a single installment. The Authority announced that tenants eligible for
The Union Cabinet approved the development of an all-weather greenfield deep draft major port at Vadhavan in Maharashtra, with a project cost of Rs 76,200 crore. According to an official statement, the port will be constructed by Vadhavan Port Project Limited (VPPL), a special purpose vehicle (SPV) created by the
Dharavi DharavuDharavi Redevelopment Project Pvt. Ltd. (DRPPL), a special purpose vehicle (SPV) established by the state government and the Adani group, has requested a five-year lease for 15 acres of land in BKC from the Mumbai Metropolitan Region Development Authority (MMRDA). The Adani group secured the bid to redevelop Dharavi
The Maharashtra government’s slum policy, which converts private and public lands into free tenement for encroachers after they are recognized as slum rehabilitation areas, was called “strange” by the Bombay High Court on Tuesday. The court stated that nowadays we would not be faced with the issue of an international
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