Six buildings have also come up on the land under the slum rehabilitation scheme, it said.
'Developers have started offering 70% to 100% extra area and beyond.' 'If the market cycle shifts -- as many are already predicting with signs of price saturation and reduction -- most recent redevelopment projects will unravel.'
Maharashtra Chief Minister Eknath Shinde on Sunday said the state assembly polls are expected to be held in the second week of November and seat-sharing among the ruling allies would be finalised in the next 8 to 10 days.
'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'
Mhada presently has only Mumbai and Nashik cities in mind. If it takes off here, the thinking is to extend this to Pune and Aurangabad, and then elsewhere, if a common formula could be arrived at.
The Supreme Court of India has dismissed a plea against the construction of a new passenger jetty and terminal at the Gateway of India in Mumbai, upholding a Bombay High Court verdict that allowed the project to proceed. The project aims to improve passenger travel between South Mumbai and other locations.
The Army unit deployed in Ashti successfully evacuated 40 people with the help of an NDRF team and other agencies.
This plot, allotted to Sunil Gavaskar Cricket Foundation Trust, was returned to the state government by the cricket legend in May 2022.
Former mill workers from the city and their family members queue to prove their work history in the city to become eligible for subsidised housing provided by the government agency, MHADA.
The MHADA, which comes under Awhad's ministry, had requested Gavaskar to return the unused plot.
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).
A devastating flashflood in the Kheer Ganga river on August 5 demolished nearly half of Dharali -- the key stopover en route to Gangotri with many hotels and homestays, and neighbouring Harsil, where an Army camp bore the brunt of the flood fury, barely giving time to the victims to run to safety.
Maharashtra Chief Minister Prithviraj Chavan plans to overhaul the Rs 15,000-crore Dharavi redevelopment project. Chavan - who has already flagged what he called an "unholy nexus" among builders, politicians and middlemen in the wake of the Adarsh housing society scam - now wants state-run Maharashtra Housing & Area Development Authority (Mhada) to carry out the big-ticket project.
Heavy rains across India have led to widespread flooding, causing damage to infrastructure, displacement of residents, and disruption of normal life. Rescue efforts are underway in affected areas.
Maharashtra Housing Minister Jitendra Awhad on Wednesday said legendary batsman Sunil Gavaskar should utilise a government plot allotted to him in Mumbai by setting up a cricket academy and maintained in the past he had thought of taking back the prime piece of land.
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
MHADA has earned Rs 8.82 million. With a single form available for Rs 100, the housing body is expecting to sell anything between 70,000 to 100,000 forms per day, sources said. As many as 88,222 forms were sold across the 21 branches of HDFC Bank on Monday, the first day for the sale of forms for the 3,863 MHADA flats across the city, official sources said. HDFC Bank has been appointed as the official seller and receiver of the forms.
'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'
'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'
He also said that it had been decided to give the houses to the MLAs at a certain price and not free of cost.
In a significant verdict, the Supreme Court by a majority of 7:2 on Tuesday held all private properties cannot form part of "material resources of the community" empowering states to take them over for distribution to serve "common good" under the Constitution.
A man suspected to have contracted Guillain-Barre syndrome (GBS) has died in Maharashtra's Solapur district, while the number of cases of the immunological nerve disorder in Pune rose to 110, health officials said on Monday.
Raut has been asked to depose at the agency's regional office in Mumbai.
The Enforcement Directorate (ED) has summoned Varsha Raut, wife of arrested Shiv Sena MP Sanjay Raut, for questioning in a money laundering investigation linked to alleged irregularities in the redevelopment of a local 'chawl' and linked transactions, officials said on Thursday.
A case has been registered against two shop owners after a portion of a four-storey residential building collapsed in Mumbai on Tuesday evening.According to the police, Yunus Kasam Memon and Irfan Yusuf Memon, who own a shop of mobile handset covers, had allegedly added a staircase without seeking permission. This led to collapse of the building 'Yusuf Manzil' at Lamington Road.Meanwhile, an 85-year-old woman, who was seriously injured in the collapse, died on Tuesday.
Shiv Sena member of Parliament Sanjay Raut skipped appearing before the Enforcement Directorate (ED) in Mumbai on Wednesday for questioning in a money-laundering case, citing his engagement with the ongoing Parliament session in Delhi, sources said.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
More than 500 people, including women, from Mumbai and neighbouring Thane and Navi Mumbai gathered over the last 20 days at the government plot spread in several acres on JVLR Link Road in Tagore Nagar of Vikhroli.
'Gautam Adani will not be able to step inside Dharavi.' 'We will ensure Adani will not get what he wants.' 'Adani has no reason to do politics with people of Dharavi but he is still doing it.'
"This 'trishul' is like Lord Shiva's third eye which will reduce to ashes those who work against the common man," he added.
'When there are no good roads and no buses plying to villages, your spending on development is skewed.'
The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha Gaikwad, sources close to the project said land parcels are to be transferred only to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA) of the state government's housing department.
'Dharavi will be completely slum free by 2040'
His remarks come a day after Ajit Pawar apologised to the people of the state for the collapse of the structure which was installed in the coastal district's Malvan tehsil, around 480km from Mumbai.
The Central Bureau of Investigation is likely to file chargesheet against diplomat Devyani Khobragade and her father Uttam Khobragade in the Adarsh Housing scam for allegedly acquiring a flat on the basis of false affidavit.
The ill-fated building had been partly vacated for repairs by Maharashtra Housing and Area Development Authority, BMC sources said.
The Enforcement Directorate (ED) has issued fresh summons to Shiv Sena MP Sanjay Raut asking him to appear on July 1 for questioning in a money laundering case linked to the re-development of a Mumbai 'chawl' and other related financial transactions involving his wife and friends, officials said.
Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.
While two persons died after a portion of a `chawl' (tenement) collapsed in suburban Malvani, two others were killed after part of an old building collapsed in south Mumbai's Fort area, civic officials said.
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