Information and knowledge about Navi Mumbai Real Estate
Anil Ambani signed a MOU with Wanda group of China to develop 135 acres of land in Navi Mumbai near Ghansoli.It will be the first integrated township to be developed by Reliance ADAG in collaboration with Wanda group.The other will be in Hyderabad.
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The Mumbai Suburban Collector Sanjay Deshmukh has decided to end the misuse and violation of land allotment agreements. Mr Deshmukh has recently cancelled the allotment of Jolly Brothers and Gyankendra Shikshan Sanstha and Shivshruthi Krida Kendra.Jolly brothers was allotted 60 acres of land near Kanjur marg railway station worth 3000 crores for Industrial purpose but was found to be in violation of the lease terms. Similarly, Gyankendra was allotted 4000 sq meters of land in Andheri but it was found that construction work was not completed in two years, as specified in the lease agreement. The ownership of the land has been transferred back to the govt. In the case of Shivshruthi, it was found that the organization had entered into an agreement with a developer to develop the land thereby illegaly creating a third party interest. Along with the above, more than 135 builders, housing societies and educational institutions have been served a notice after it was noticed that they too had prima facie violated the lease terms.
It may help to know that most of the 12.5% land allottees in Navi Mumbai are also in violation of the lease terms with CIDCO when they sign development agreements with builders. CIDCO has the powers to cancel all such land allotments provided a complaint is made to them. Buyers who are victims of such Development agreement scams are requested to approach CIDCO for cancellation of the same and re allotment in the favor of flat buyers/societies. CIDCO can then sign the Lease Deed directly with the Society and convey the land and building in the name of the Society.
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5 real estate companies-DLF,JP associates, Larsen and Toubro, Tulip infratech and Omaxe are the subject of an investigation by the Competition Commission of India for alleged anti-competitive practices.
Over 23 cases have been registered against these companies.
15 cases against DLF have already been concluded and the company has been fined over Rs.650 crores.
Flat purchasers can approach the CCI if they have been forced to sign one sided agreements favoring the builder, as is the case in most real estate deals these days.
The Competition Act has also been amended to give the CCI to whet all M&A (merger and acquisition) deals and search and seizure raids henceforth.
There is good news for people living in Navi Mumbai. The proposed Trans-harbour from Sewri in Mumbai to Chirle.http://upload.wikimedia.org/wikipedia/commons/c/ce/Mumbai_trans_Harbor_link.jpg) in Navi Mumbai has received approval from the Environment Ministry. This bridge (6 lane expressway) will span 22 kms and reduce the journey time from Navi Mumbai to Sewri to a mere 15 mins. It will also reduce the pressure on the current bridge in Vashi. Travel time to the upcoming airport will also be reduced. The earlier approval of the Environment ministry had lapsed due to delay in the bidding process, which has now prolonged its construction time. Environmental activists had objected to the bridge saying that no public hearings for the fresh application and that the bridge was not allowed as per the new CRZ notification of 2011.
The bridge is likely to be completed in the coming decade by 2017.
http://www.youtube.com/watch?v=6XbanMboMWw
For more information:http://en.wikipedia.org/wiki/Mumbai_Trans_Harbour_Link
In a major breakthrough for the conveyance problem of housing societies, the govt has now stepped in and made it clear that any builder who refuses to give conveyance to the flat buyers or co-op housing societies within 4 months of handover of flats to the buyers, the local deputy registrars office will give a deemed conveyance certificate automatically after being approached by the flat buyers.
This will bring to end the long and sordid chapter in indian housing. Builders use the conveyance ploy to avoid handover of land and building to housing societies and continue to fleece buyers in the name of NOC. After being approached by flat buyers ,the deputy registrar will call the builder and flat purchasers/societies. If it is found that the conveyance has not been given even after 4 months of handover of flats, the registrar will issue a deemed conveyance certificate.
Let us hope that this scheme is not just on paper but actually implemented in true spirit.
The person responsible for the same in Navi Mumbai is Mr.Deshmukh (JT Registrar of Co operative societies at Konkan Bhavan at CBD Belapur).Housing societies no longer have to submit 21 documents which were required earlier. Now, only the relevant documents have to be filed before the registrar. He will pass an order within 6 months of receiving the application in the set format.
If the builders were expecting a revival in the market ahead of the festive season,here is a reality check….
Real estate sales have dropped by 5% and lease rental deals have fallen by 17% in the past 3 months.
Month to month reduction is 5% in sale deals and 2% in year to year period.
Lease agreements are down by 17% month to month and 10% in year to year period.
The Maharashtra Govt has decided to collect VAT (Value added tax) from home owners who bought their under-construction homes directly from builders between June 2006 and March 2010.The value of VAT has been decided as 5% of the total agreement value. This amount will have to be paid before August 31st.
Flats sold after April 2010 will be charged only 1% VAT and 3.75% Service Tax.
Note : There is No Service Tax or VAT levied on completed projects with OC (Occupancy Certificate).
Flats with more than 2000 sq ft or 1 crore price will be charged 4.5% Service tax along with 1% VAT.
Maximum amount of flats were sold between 2006 and 2010,when prices were at an all time high. Builders have been assigned the task to collect the money from the buyers.
Failure to do so will invite penalty.
A sales tax officer said that during the recent raids on builders, it was noticed that the builders had collected this money from the buyers but had not deposited it with the sales tax dept. The department expects to collect 800-900 crores by this.
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The illegally redeveloped building in sector 9,Vashi is yet to be demolished. It helps to remind our readers that this 12 storied building in sector 9 was constructed on the spot of a CIDCO constructed society which was \’redeveloped\’. The commencement certificated for the building was revoked and a 1 month notice was served to the builder DG Shah. He was found to have submitted forged papers and had not got the required clearances from CIDCO. The CIDCO building was the Ashirwad JN type building. A total of 32 families were living in this complex before demolition. The builder had carried out more than 36-40 sq ft of illegal construction on each floor. The developer has apparently approached the court.
A meeting with the villagers of Ulwe on 31 july,2012,ended without a resolution as villagers demanded an astronomical amount of 20 crores per acre or 40% of the surrendered land as compensation. Earlier, CIDCO had acquired most of the Navi Mumbai land from villagers at a rate of 12.5% of the acquired land. The govt had agreed to give them 22% of the land surrendered to CIDCO for the airport but the villagers refused. The villagers have been stalling all land acquisition since last September on this demand. There are 7 villages that are demanding this.
Its worth mentioning that the airport was supposed to be functional by 2015,but going the way they are and withdrawal of the environmental clearance by the forest dept of Maharashtra, its anybody’s guess as to whether the airport will ever see the light of day.
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CIDCO has received provisional approval from AAI (Airports authority of India) to grant height approval for buildings up to a height of 75 meters in Ulwe. As Ulwe lies directly in the flight path of the upcoming airport at Ulwe, prior sanction from the Airports Authority is required before construction. Till now the approval had to be obtained directly from the AAI, which used to cause unnatural delays. On an average, AAI approval used to take 4-6 months, but now will be possible in 20 days. The final approval will be granted by AAI itself. This is the first time that AAI has given the authority to approve the height of a building to another agency.
The height of a building is the lowest closest to the airport runway and goes on increasing upto 20 km from the runway.
75 meters is roughly equal to a 15 storied building.
Therefore,clearances for buildings upto 15 stories will be provided by CIDCO.
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The sales tax (VAT) dept of Maharashtra has conducted raids on top builders in the past 2 days and found tax evasion to the tune of 20 crores so far.The builders are supposed to collect this sales tax (VAT) from the flat purchasers and deposit it with the govt.The current rate of VAT is 1% on under-construction properties.Ideally,the flat purchaser should take a reciept from the builder for this.The reciept should have a VAT registration number.This is vital to assure that the buyer will not be left defrauded.
In this case it was seen that the builders collected this 1% from the purchasers,but didnt issue any reciept and kept the amount collected from the buyers.20 crores was recovered from the builders which included noted names such as Marathon, Ajmera, Keystone, Bhoomi realty, Naman and Acme,according to some reports.
Flat purchasers should insist on this reciept with the sales tax number.Without it,you can say goodbye to your money.
The National consumer forum has fined a builder from Navi Mumbai,Avdhut Construction a sum of Rs 30,000 for filing frivolous petition against the flat purchaser.
The buyer,Joy Konnukudi,will get possession of the flat along with 43,000 as compensation.
The buyer had agreed to buy a flat measuring 399 sq ft in a building for Rs 5 lakh.The buyer alleged that at the time of completion of the agreement,the builder demanded a further Rs.1 lakh in addition to the agreed amount.The builder failed to execute the sale deed.The buyer also learned that the builder had obtained a loan on the flat in the name of another person.
The builder did not attend the hearings on one pretext or the other and finally the consumer court passed an exparte order on aug 8.The builder was ordered to pay 20,400 in interest and 23,000 as compensation for mental harassment.
The builder filed a revision petition in the National Panel in 2010,but the court rejected it.
Related articles
A new land scam has come to light in CIDCO.Land officers in collusion with Lakshman Tandel,a farmer,forged documents to show that he was dead.,thereby getting a plot for each of his legal heirs under the 12.5% scheme of CIDCO.The plots were in Sector44,Seawoods.
The CIDCO officers are Anant Mathuram Dalvi (retired special land acquisition officer),Sheela Moreshwar Joshi (retired land survey officer from CIDCO),Ramesh Sonawane (current land survey officer,CIDCO),Dayanand Tandel (CIDCO clerk),the farmer Mr.Kunda,his wife,sons and married daughters.The case relates to the year 1989 and the case was registered in Belapur Police station.
Social activist Sandeep Thakur was the force behind this prosecution.
The NMMC Commissioner,Mr.Bhaskar Wankhede has ratified a proposal to hold the ward officers responsible for illegal constructions in their respective wards.This change was notified via a gazette around 8 days ago.
It was noticed that despite complaints,the illegal constructions continued as the ward officers failed to followup on the notices served.Henceforth,all complaints about illegal constructions would be the responsibility of the ward officer.
Mr.Wankhede also submitted that the responsibility to clear the illegal constructions was that of CIDCO and that NMMC only plays a supporting role.
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The blatant illegal sand mining in the creeks around Mumbai and its suburbs was the topic of heated debate between the opposition and the revenue department.Minister of state for revenue,Prakash Solanke announced that the people involved will face the stringent MCOCA.
Jitendra Avhad of the NCP had brought up the issue of mining in the Thane creek.He said that the blatant mining had put various bridges at risk.,often with the connivance of the Revenue officials.
Revenue minister Balasaheb Thorat claimed that more than 700 people had been arrested for sand mining.74 cases were registered in Thane alone.
Mr.Avhad claimed that dredging was being done at night with the connivance of police and revenue officials.
The long awaited \’tough\’ Maharashtra Housing Bill was finally passed by the Maharashtra Assembly on 16th July,2012.The law aims to plug the loopholes in the previous law, namely, Maharashtra Ownership of Flats act-1963.The new bill retains most of the contents of MOFA, but contains additional \’tough\’ provisions.
A joint select committee had submitted a report last week, recommending 26 amendments to the originally conceived bill after a public uproar over the \’mild\’ provisions in the earlier draft. After a lot of opposition from the public, the committee was forced to accept the changes as suggested by the people who have been at the receiving end since independence.
This law proposes for the first time…..
The orders of the authority can be challenged before an appellate tribunal which will be headed by a retired high court judge.
Now for the bad news….
It will take another year for the full implementation of this law. It now goes to the president for her assent and after that it will take another 6 months to frame the \’business\’ rules.
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A special judge has observed that there is a case against Hiranandani constructions for blatant violations in its Powai project. The court also directed the Anti Corruption bureau to investigate the matter and file a report. Along with Hiranandani there are also a few bureaucrats who face the axe. Among them Mr.Thomas Benjamin, a secretary in the Urban Development Department. Mr.Benjamin had curiously levied a Rs 3 crore fine on Hiranandani for the violations, which range into a few thousand crores at least. Some estimates put the scam value at Rs 50,000 crores.
The reason that Mr.Benjamin gave was even more curious than the fine. He said that the figure was arrived after referring to the previous decisions of MMRDA and the Govt.
Most people who live in Hiranandani complex do not know that their glitzy apartments worth a few crores were supposed to be part of the Powai Housing Development scheme for economically weaker sections of society.
The scheme was announced in 1977 and was supposed to cover the villages of Powai, Kopri and Tirandaz, an area of 140 hectares. The state gave Mr.Hiranandani 230 acres at a Rs.1 per hectare as Mr.Hiranandani was supposedly going to build \’affordable\’ housing for the economically weaker section.
The contract between Mr.Hiranandani, the state and MMRDA was for 10 years during which not only did Mr.Hiranandani not build \’affordable\’ housing but also failed to handover 15% of the residential units to the government, as was stated in the contract.
As a reward for his \’excellence\’, neither the MMRDA or the BMC took any punitive action against Mr.Hiranandani.
In the end, as a token of his appreciation, Mr.Thomas Benjamin slapped a fine of Rs 3 crore and decided that it was enough.
Another day, another scam in the great nation of India.
Mumbai: Bombay High Court directed a committee to find out how many flats were constructed by Hiranandani Group in the Powai Area Development Scheme after its 2017 order allowing it time to complete the constructions.
The order by a bench of chief justice Dipankar Datta and justice Girish Kulkarni was passed on Hiranandani’s application to extend timelines given to it in October 2017 to complete construction of four wings of Castle Rock, five wings of Regent Hill, three wings of Atlantis and two buildings —Sorrento and Maple.
In February 2012, on a PIL, the high court had directed Hiranandani to construct 1,511 flats of 40 sq mts (430 sq ft) and 1,593 flats of 80 sq mts (861) sq ft before undertaking any other construction.
The PIL by activists Kamlakar Satve, Rajendra Thacker and Medha Patkar said Hiranandani had signed a lease for 230 acres of land in 1986 in a tripartite agreement with the state and MMRDA to build affordable housing. The petitioners, however, alleged that the flats were merged into sprawling 4,000-5,000 sq ft apartments and sold at premium rates.
On the developer’s application, the HC in October 2017 had granted time till June 2021 to complete the construction. It had also set up a committee to verify the developer’s claim. The builder has sought that the delay be condoned and further extension of timelines ranging from January 2022 till June 2023 be granted. It cited Covid-19 for the delay.
Also read…
Note: The buyer may give enough money, so that the seller can close the loan with his bank if he doesnt have money of his own. This can be recorded in the agreement to sale.
After studying the said ‘professional’ report, it has come to light that the CRISIL report is far from FOOLPROOF as cited by the ‘guardian’ minister Mr.Ganesh Naik.
The report clearly says that a comprehensive review and study of mass transportation networks is needed to be done. The level of skills needed for such a study is not in the domain of the CRISIL report, it says.
If such a study is not in the domain of CRISIL, then on what basis does the ‘Guardian’ minister Mr.Ganesh Naik say that the report this time is ‘foolproof’?
After studying the tender issued by NMMC it further comes to light that CRISIL was never appointed to study the impact of additional FSI at all but to ‘conduct a survey to revise NMMC’s revised development plan prepared in 2007.
This raises the very very important question : If the study was not for the impact of additional FSI then why did the Minister Ganesh Naik mislead the population of Navi Mumbai ?
Activists and town planners now plan to oppose this tooth and nail.
The present regulation requires a committee comprising of the Municipal commissioner, PWD superintending engineer thane, DY director of town planning at Konkan Bhavan and Chief architect and planner of CIDCO to decide whether the building is really dilapidated and dangerous and hence fit for redevelopment.
The politicians now want to randomly change the composition of this committee so that every employee of the committee is a member of the NMMC so that NCP (the party controlling the NMMC) has a free hand in deciding the fate of Navi Mumbai.
On the face of it, it looks like a conspiracy of the builders and politicians to benefit the builders who will get to sell additional flats in the said buildings without spending money to buy the land.
One can also go in for self redevelopment, but how many people have the resources for that is a question.
This battle has just started, but the conspiracy is evident already.
A new case of illegal construction has come to light in sector 3,Vashi.In this case it was a case of illegal redevelopment of a CIDCO building (JN 2,bldg 1 and 3) in Sector 9.
In this case the developer cum architect DG Shah started construction of a tower in place of a CIDCO building without taking the mandatory clearance (NOC) from CIDCO (the owner of all land in Navi Mumbai).The builder has thus violated the DCR (Development control regulations) section 8.6.
The builder also submitted fake and bogus documents to the NMMC town planning dept for obtaining the NOC to start construction,thus cheating the said agency.A case of forgery and cheating will also be applicable on the said developer.All construction permissions thus stand cancelled.A demolition order has also been served to the builder.He has to demolish the building within 30 days or else the Municipal Corporation will demolish it and send the bill to the developer.
Most people think that redevelopment is a cake walk.Sometimes they are misled by the builder who is in a hurry to make a fast buck.They do not realise that Redevelopment of old CIDCO buildings is one of the most difficult propositions.
For a successful redevelopment the said complex has to have a co-op housing society or a flat owners association.Conveyance has to be in the name of the society.All documents and other taxes of the property have to be paid.
Unfortunately,most of the old CIDCO buildings either do not have proper ownership papers,most do not have any housing societies formed,conveyance is almost unheard of,property taxes are not paid for years together etc.
To solve most of these problems requires huge amount of money (to the tune of lakhs).
How many of these occupants are ready to spend that cash is anybody\’s guess since most were allotted at Rs.5000 to Rs.10,000 almost 30 years ago or more.
This is the reason that redevelopment of old CIDCO buildings is almost an impossible concept.
In a landmark and in some ways historic judgement, the Maharashtra state consumer disputes redressal commission has ruled that once the builder takes token money and signs on an agreement (it need not be registered), he is liable to complete the deal. The commission also ruled that the law of limitation (passage of substantial time between the offence being committed and the complaint being lodged) will not apply in this case as there is continuing cause of action.
The judge said this in the dispute between Sunita Salunke, Vindhya Ramesh and Vasumathi Krishnan V/s Sheth Developers ltd.
The complainants had given the builder 65,000 each for a 1 bhk flat in 2003.The builder did not execute the agreement of sale and instead sent them letters cancelling the agreements.
In 2007, the women lodged a complaint in the consumer forum asking the builder to execute the agreement and deliver the flats to them.
The builder tried to bluff the court by stating that he had informed the complainants that since the building plans were not sanctioned, he could not accept the booking amount for the flats. He stated that the complainants forced him to accept the payment despite knowing these facts.
The consumer forum passed its order that the builder is liable to handover the possession of the flats after receiving the balance payment as stated in the non executed sale agreement. The order was passed in Sept 2010.
The builder appealed this judgement in the state consumer commission in 2011 but yesterday the commission denied him any relief.
This is an almost unprecedented judgement and should encourage more and more people to bring rogue builders to book for their high handedness.
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
The citizens woes in Kharghar continue with the garbage disposal and clean up. CIDCO officials have admitted for the first time that Kharghar has almost become a garbage dump.
It would help to remember that there is no municipal corporation governing Kharghar since it is considered a developing node. Municipal handover will take place once the node of Kharghar is considered \’developed\’ (whatever that means).CIDCO is currently incharge of the node and has outsourced most of the civic responsibilities to private contractors. Builders dumping the excavated mud and soil from their construction sites have added to the mess.
CIDCO has appointed a new garbage collection agency called BBG pvt ltd, which will co-ordinate with the citizens as volunteers to supervise operations. The earlier contractor was M/s Antony Infrastructure pvt ltd. The new contractor will be paid Rs 1062 per ton.
Illegal meat shops in sector 15 have also added to the problem by dumping their \’waste\’ on open grounds.
Besides this, Kharghar has also been facing a problem with the property tax issue. Currently, Kharghar residents are paying taxes to 3 different entities. Cidco, Tehsildar and gram panchayat.
Residents are paying service tax to Cidco, property tax to the gram panchayat and NA (Non Agriculture) tax to the revenue department in this case to the Panvel tehsildar.
Until recently there was no Police station in Kharghar and there were issues with the electric supply in some sectors.
The much talked about Kalyan-Dombivli illegal building scam assumed horrific proportions yesterday when it was revealed that the total number of buildings affected by the scam numbered 1500 and was only destined to go up once the investigations were concluded.
The very fact that more than 1500 buildings were illegally constructed shows the involvement of powerful people right from local MLA\’s to Corporators to underworld to Collectors to Gram panchayat right up to the tehsildar and talati levels.
This is an almost unimaginable scam and possibly the largest in the history of this country and was possibly going on since a few decades if not more.
It is also now emerging that the entire construction was financed by the underworld.
The gangsters involved belong to the Ravi Pujari and Chhota Rajan gangs helped by 2 local MLA\’s.
The total villages involved number more than 40.Some of them are Nandivli, Dawadi, Bhopar, Govali and Azade.The Sarpanch and Upsarpanch played a key role in this scam.
The police has registered 11 FIR\’s in the Manpada police station against 33 individuals.Most of them are \’builders\’. Their names are …..
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The police are saying that a NCP leader from Thane and a Navi Mumbai based state Minister are exerting pressure on them to go slow in the case and spare the political people involved in the case.
The police is now revealing how every department they went to for verification of the documents turned them down or refused to give them any information.
It was ultimately an RTI application filed with the district collectors office which replied after 4 months that no Non Agricultural certificates were issued to anyone in that area for the past 4 years !!!
The companies against whom FIR\’s have been registered are…
Overall, 27 villages in Dombivli and 13 in Kalyan have been engulfed by the scam.
This is by far the biggest ever housing scam in the Country so far.
The pictures of the main conspirators are given above.
A builder by the name of Shirish Rangrao Chavan (age 38) (Suraj Enterprises) is absconding after a case of cheating was registered against him by Prakash Raut at the Kalamboli police station.
The builder sold a flat in his building Suraj Apartment on plot no 90 at Sector 34, Kamothe to Prakash Raut. Later he found out that the flat was already sold to someone else in July 2011.
The builder Shirish Chavan is absconding and his phone switched off. Two other people also claimed to have been cheated by the builder in the same way. In all,3 flats were sold to 6 people.
This scam is growing by the day as more than 150 people are reportedly affected by the scam. In all cases, the builder took between 2 and 5 lakhs from each buyer and finally sold his plot to another person and absconded.
UPDATE 19,JULY,2012
Mr.Shirish Chavan has been arrested by the Kalamboli police for cheating approx 100 people who had invested in his projects in Panvel, Kamothe and Kalamboli. He was arrested from his native place in Kolhapur.
A team of the Kalamboli Police went to Kolhapur to arrest him.
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
The Maharashtra State Consumer Disputes Redressal Commission (Consumer Court) has asked M/S Vaidehi Akash Housing Pvt limited,to pay the expenses of stamp-duty,registration and conveyance for a 1000 sq ft flat located on Veera Desai Road(Andheri West).The builder had not handed over the flat to the buyer even seven years after making the full payment of 22 lakhs.The commission also told the builder to handover the flat within 45 days or else he will have to pay another 5 lakhs as interest.
The builder had issued an allotment letter dated March 22,2005 but did not execute the sale agreement for the 22 lakhs paid to him.Despite repeated summons,the company and its directors failed to appear before it.The commission then passed an exparte order against them.
Most people are unaware that they can pursue the builder for any problems in the consumer court and that the law is almost always on their side.Problems such as delayed conveyance,delayed society formation etc etc can be pursued in the Consumer Court and does not require a lawyer.Just a plain paper submission is ok.
The Mhada vice-president and CEO, Mr.Satish Gavai announced on tuesday,19th June 2012,that Mhada had cancelled allotments of 39 prime plots which were given to \’prominent personalities\’ and \’trusts\’. In most of the cases these \’prominent personalities and trusts\’ were nothing more than front companies for politicians and their families. The regulation under which they were \’distributed\’ was the Regulation 16 of Mhada act. Most of these \’allotments\’ were under the watch of Vilasrao Deshmukh and Sushil Kumar Shinde (ex-cm\’s of Maharashtra).
Most of these plots were reserved for affordable housing or schools and hospitals to charitable trusts. The politicians in control amended the rules to engineer this scam.
68 plots spread over 20 hectares of land were allotted at a negligible rate by a sub-committee of Congress and NCP ministers. Deshmukh sanctioned 52 and Shinde sanctioned 15.All the beneficiaries were politicians, builders, bureaucrats, housing societies and trusts controlled by Congress and NCP ministers.
This allotment of public housing plots was stopped in April 2004.
39 cases are still pending.
In one such case a 10,000 sq mtr plot in Oshiwara was meant for a hospital but was given to Nargis Dutt Trust. After it was sanctioned the land in 2000,the trust wanted to pay just Rs.1 (one) per year for a 99 year lease !!
The allotment was made for Rs.21 crores in 2007 which was subsequently reduced to 11 crores. The best part is that the trust has not yet paid its dues. The Trustee of this trust is none other than Congress MP Priya Dutt.
A CAG report of 2009 slammed the deal saying it was engineered to benefit the \’trust\’.
Other such plots were allotted to educational bodies controlled by Congress and NCP ministers. Some of them are…
The MP Mitra Charitable trust was allotted 6032 sq mtr plot in Goregaon for just Rs.40 lakh to build a school and playground but the trust divided the land into two and subleased it to 2 private firms that went on to construct on the portion meant for the playground of the school. Later it was revealed that the trust earns Rs.2.5 crore as annual rent from just one of the plots subleased to a school. Mhada now intends to seize such plots and create a land bank for affordable housing scheme for the masses. It will also buy land from private owners at Ready reckoner prices. Ready reckoner is the govt valuation of real estate in a particular area. It changes every year. Property taxes are also charged based on this.
All such allotted plots will now stand cancelled if the lease deed has not been executed by the trust with Mhada.
The High court of Mumbai warned flat purchasers to verify all documentation and legal papers of real estate projects before putting money in them. They said this while disposing off the petition of the flat purchasers in the infamous \’Green Heritage\’ building in Kharghar. The petitioners wanted the High Court to regularize the illegal constructions. The High Court told the petitioners that the flat buyers should not blindly trust the brochures and catalogues of the builders but verify the legality with the various planning agencies like CIDCO etc.
The court said that the safety and greater good of the society cannot be put on stake for a few people.
The Green Heritage project is an example of just one case of blatant violations of building norms by the builder with active connivance of the CIDCO officials along with Police and other staff. The Green Heritage scam has been recently issued demolition orders of the top 3 floors.
The litigants have a choice of appealing the decision in the Supreme Court.
Coming on the heels of its mass housing scheme in Ulwe,Cidco announced the launch of its mass housing scheme in Kharghar.This scheme will come up in sector 36 and comprise of 1224 flats in 2 fourteen storied towers.Unlike the mass housing scheme in Ulwe,which was for low income group,this one is for the high and middle income group.The price of the flats will be approx Rs 4000 per sq foot and pricing will be strictly on the carpet area.
| Name of Project | BHK | Carpet Area | Price |
| Tharwani Rosabella | 2 | 525 sq ft | 86,00,000 |
| Tharwani Rosabella | 3 | 725 sq ft | 1,05,00,000 |
| CIDCO Shilp Valley | 2 | 650 sq ft | 59,00,000 |
| CIDCO Shilp Valley | 3 | 1075 sq ft | 1,05,00,000 |
Its important to point out that private builders are charging between 5500 and 6000 per sq ft on the built up and sometimes even the super built up area !
And what is the difference between carpet and super-built up area ?
Sometimes its as much as double the carpet area !!
Builders are known to sell a 700 sq ft carpet area as 1600 sq ft flat !
IMPORTANT ANNOUNCEMENT :
CIDCO HAS STARTED DISTRIBUTION OF FORMS FOR THIS PROJECT ON 16 JAN 2014. THIS DISTRIBUTION WILL CONTINUE TILL FEBRUARY 5.
FORMS CAN BE COLLECTED FROM THE GROUND FLOOR OF CIDCO OFFICE AT BELAPUR.
THE FORMS COST APPROX RS : 550 EACH.
Private builders in the vicinity are selling pigeon-hole sized 2 bhks (measuring 525 sq ft carpet area) for min 70 lakhs and 3 bhks measuring 725 sq ft carpet area for 1 crore 5 lakhs !! …and that too along with black money and other illegal charges like car parking society formation, grill windows, development charges of approx 250 Rs per sq ft etc.
Next Phase of Valley Shilp will be the flats for Lower Income group (1 bhk\’s and 1 Rk\’s). Once these are put up for sale, the real estate market in Kharghar can expect a drastic crash.
Download brochure here
If CIDCO actually sticks with a price of 4000 per sq ft on carpet area, the whole real estate scenario in sector 36 will change !!
The application forms will be distributed in September 2012 and the construction has reached the plinth level.The complex will be equipped with state of the art ultra modern amenities.
This inventory of 1224 flats is sure to add to the selling pressure that the builders are facing in sector 36..since this project has all the ultra modern amenities.
We will be tracking this major development as it happens.
Stay tuned.
| Services Offered by us | Charges |
| CIDCO Transfer only | 15,000 |
| Mortgage NOC only | 15,000 |
| CIDCO Transfer + Mortgage NOC | 20,000 |
| Only Drafting/Documentation | 5,000 |
| Drafting and Registration of Sale Agreement/Sale Deed | 10,000 |
| Brokerage (Purchase/Sale transaction) | 2% |
| Brokerage (Rentals) | 1 month rent/year |
| Consultation over Phone/Whatsapp/Zoom/Google Meet | 5,000/30 mins |
| Property Tax Name Transfer | 10,000 |
| Water Bill Name Transfer | 10,000 |
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
Real estate is often presented as a surefire investment, but the reality is far more nuanced. Many potential investors overlook significant costs and complexities. This article will help you understand the true financial implications before investing.
* **Capital Gains Tax:** Selling within two years means your profit is taxed at your income tax bracket (up to 33.99%). Even after two years, you'll pay long-term capital gains tax (approximately 10-15% after inflation adjustments).
* **Home Loan Implications:** Selling a property bought with a home loan within five years requires repaying all tax benefits received, significantly impacting your profit.
* **Interest Costs:** A substantial portion of your initial home loan payments is interest, reducing your net profit.
* **Transaction Costs:** Brokerage fees (around 2%), society transfer charges, and other administrative costs further decrease your returns.
* **Time and Effort:** Selling a property can be time-consuming and may involve accepting a lower price for a quicker sale.
* **Ongoing Expenses:** Even if not rented, you'll face property taxes and maintenance fees.
* **Low Rental Yields:** Rental income may only yield 2-4% return on investment, potentially offset by expenses.
Consider the complexities and costs of real estate against the predictable returns of fixed deposits. While fixed deposits have tax implications, they offer safer, more assured returns.
**Tax Transparency:**
The Indian Income Tax Department receives details of all property transactions above ₹35 lakh. Your PAN number is required for registration, ensuring all transactions are easily traceable.
Real estate investment requires careful consideration of all associated costs and potential risks. Weigh the potential benefits against the complexities and compare it to other investment options before making a decision.
**[Sky Properties: Your Navi Mumbai Real Estate Consultants]**
9987452642
Our advice is unbiased and based on solid research and years of experience in the real estate industry.
| SERVICE | CHARGES |
|---|---|
| CIDCO Transfer only | 15,000 |
| Mortgage NOC only | 15,000 |
| CIDCO Transfer + Mortgage NOC | 20,000 |
| Only Drafting/Documentation | 5,000 |
| Drafting and Registration of Sale Agreement/Sale Deed | 10,000 |
| Brokerage (Purchase/Sale transaction) | 2% |
| Brokerage (Rentals) | 1 month rent/year |
| Consultation over Phone/Whatsapp/Zoom/Google Meet | 4,000/30 mins |
| Property Tax Name Transfer | 8000 |
| Water Bill Name Transfer | 8000 |
Address A-1, 7,2, Sneh Co Op Society,
Plot no 16, Sector 19a, Nerul,
Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
On June 4th,2012,a joint demolition squad of CIDCO and NMMC demolished 3 illegal buildings located in sector 6 (Sarsole) of Nerul. These buildings were being constructed on plots belonging to PAP\’s (project affected people).PAP\’s were the original inhabitants of Navi Mumbai.
When CIDCO acquired their farmland, they were allocated a pocket of land in the vicinity of their farmland. This cluster of houses is popularly known as Gaothan. They were allocated plots in this Gaothan to build houses for themselves.
They were also offered 12.5% of the area of their farmland, which they could sell in the open market and make money.
![\"illegal](\"https://navimumbairealestate.org/wp-content/uploads/2021/12/demolition-2-1-766x1024.jpg\")
Unscrupulous gaonwala\’s along with dubious builders sometimes build multi-storied buildings on such plots given to PAP\’s for their own houses, and sell the flats in them to unsuspecting buyers for a price much cheaper than the market value.
They build such buildings by taking permission for rebuilding their personal pre-existing houses and then go on to build multi storied towers. They do not have sanctioned plans and neither do they have occupancy certificates. Such constructions are also called Gharpatti\’s.
On 4th June, the demolition squad demolished such buildings in Nerul. Some buildings were at the pillar erection stage while others had reached the plinth level. CIDCO had issued legal notices to these buildings a month ago and when there was no response, they demolished the same.
The buildings demolished were located on…
Plot no 165-169 measuring 400 sq meters owned by Anant Mhatre and Bharat Mhatre.Builder Nilesh Patel.
G+2 storied building owned by Manish Patil.
Building built by Dattu patil and Sunil Patil.Developer Nitin patil.
The locals tried to prevent the demolition by preventing the JCB\’s and heavy machinery from approaching the buildings but were subdued by the Police who arrested a woman who was trying to immolate herself.She claimed that she had documents to prove that the building being demolished was her home where she had been living since ages.But when asked to produce documents to back her claim,she had none.
This incident should serve as a warning to people who buy flats in Gharpatti buildings because of their cheap price. These buildings are illegal and will never gain legal status. Your money and peace of mind can vanish in the blink of an eye.
The surest way to find out whether the building is a gharpatti building is to ask the builder whether a bank loan is possible from a nationalized bank.
Co-operative banks and banks like DHFL and GIC are notorious for financing illegal projects.They accept bribes from the builder to approve loans for their illegal projects.
On Wednesday 6th June, the Anti-corruption bureau (ACB) laid a trap for 2 CIDCO officials who were demanding a Rs 1,00,000 bribe from a lawyer for issuing a conveyance deed. Lawyer Vandana Jadhav had been trying to secure a conveyance deed for Sri Ganesh Society in Ghansoli for the past year and a half. Recently, CIDCO estate officer Sanjeev Dhole (45 yrs old) and his assistant Sunanda Gaikwad (51 yrs old) demanded 1 lakh in bribe. After further negotiations, they settled at 50,000.
Lawyer Vandana Jadhav informed the ACB who laid a trap and caught the officials red handed.
This is just one in a long series of corruption cases in CIDCO, an agency which thrives on corruption from head to toe.
Some of the scams of CIDCO include:
(sourced from the internet http://www.consumercourt.in/other-department/2214-cidco-we-make-scams.html)
Allotment of land to housing societies at Kopar Khairne, Nerul and
Kharghar most of them fictitious societies floated by Builders.
Railway Station Complex Scam
The station complexes Built By CIDCO at Nerul , Vashi, CBD. The commercial areas was sold in the open market in 1996-1998 as Area =
Carpet area + ( 95-150 ) % loading at higher rates. In the year 2004. The same commercial premises were sold as Area = Carpet Area + 30%
Loading to friends / relatives and front men in the Mktg dept of CIDCO at a discounted price .i e One Bldg , Two Adjacent Shops – Same Carpet
Area , But Area sold differs by 60 – 120 %. Simple case of Con/Cheating.
Allotment of land under the 12.5% scheme to fictitious Companies not entitled to the scheme.
Change of reservation of public and recreation plots for commercial use
Systematic Destruction Of mangroves and reclaiming land and blatant violation of CRZ Rules.
Extra FSI to CIDCO directors Housing Society
Prathamesh society where the Directors of CIDCO and the PRO of CIDCO was allotted prime property at throw Away prices .
Acquisition of land at nominal cost from Original Inhabitants without proper compensation and siphoning the property to Builders at exorbitant rates
The Housing Scams included
Millennium Tower Scandal
Akash Ganga Apartments Scandal.
Prathamesh society Scandal
Work Tenders of CIDCO are allotted to family members of CIDCO staff .
Land allotment at throw away prices to Unknown Press Establishments
and resale of the same in the Open market.
Land allotment to educational, medical, sports trusts belonging to
politicians at throw away prices which are used to run exorbitant
charging hospitals and educational institutions charging capitation fees.
Artificially increasing land prices by hoarding land thereby leading
to increase in property prices making housing unaffordable to middle
and lower classes.
A detailed enquiry by a parliamentary committee is needed to unearth
the various scams and frauds undertaken by CIDCO.
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
Over 80 flats from last year and 50 flats from this year are lying vacant in Mhada buildings.This,when there is an acute affordable housing shortage in the city.The situation has arisen as Mr.Chauhan (the current CM) has relinquished his authority to allot 2% flats in affordable housing schemes of Mhada.Mr.Chauhan has avoided housing schemes like the plague after all the recent housing scams.He has given up the discretionary quota too.Earlier CM\’s made merry on this quota and rewarded their cronies and yes men with flats in this quota.This way they could buy the press,reporters and other people who needed some incentive to toe their line.
This year too,the Mhada has reserved 50 flats out of the 2593 flats up for lottery,which will has been declared today at Rang sharda auditorium,Bandra.The state govt has not eliminated this quota yet hence this reservation.
Mhada has recieved 1.5 lakh applications for 2593 houses up for grabs.
11,179 applications were rejected.
3995 were filled with the same account number but with different names.177 had same pan number but different names.
Under these circumstances,it would be ideal if the govt could give up the claim over these flats for once and for all.
A tentative list of facilities and charges has been released by CIDCO for the Kharghar golf course. The course was opened on 23 Dec 2012.
A tentative list of facilities and charges has been released by CIDCO for the Kharghar golf course. The course was opened on 23 Dec 2012...
| Facilities | Timings | Par Length | Charge *Weekends |
|---|---|---|---|
| 11 Holes | Summer 6:30 am to 4 pm | 4552 Yards | 1 round : Rs 750 |
| Club House | Winter 7:00 am to 3:30 pm | Area 52 Hectares | Foreigners 1 Round : Rs 1000 |
| Maintenance Shed | 6 lakes |
In a landmark move, the President of India has given her approval to the amendment in the Maharashtra municipal councils, Municipal corporations and MRTP act 2010,whereby the municipal officers who allow illegal constructions to stand despite complaints now face jail for a month or a fine of Rs.25,000.Mr.Bhaskar Jadhav (Minister of Urban Development) informed the legislative assembly recently.
The modification of the above acts, allows appointment of an officer to the said municipal corporations, councils, panchayats and industrial townships (MIDC),who will ensure demolition of illegal structures. If the officer doesn\’t perform his duties to demolish illegal constructions, he will be either imprisoned for a month or fined Rs.25000.
To ensure that the officer does his duty unhindered, the govt has already sanctioned the deputation of a DCP or ACP to the municipal corporation, council, panchayat etc.
State law amendments are sent to the Centre for approval if the matter they deal with is on the concurrent list. Since the modification deals with imprisonment, it was sent to the President for approval.
But before you start celebrating, the devil lies in the details, namely, the Rules for such a prosecution, which are yet to be framed. The Minister of Urban Development says that the framing of rules will take a couple of months.
Until then, its business as usual. What happens after that will depend on how tight the rules are.
If implemented in true spirit, expect a lot of demolitions around you. It should keep the Municipal corporation busy for a long time.
Recently, the Municipal corporation had issued more than 3.22 lakh flat owners across the city. After the opposition leader in the legislative assembly, Mr.Eknath Khadse, took up the issue, the govt changed its tune to revoke the property tax due certificate for recently completed buildings where Occupancy certificate has been issued recently but property tax has not yet been paid by the builder.Builders will have to pay property tax for 3 years at the time of issuance of the Commencement Certificate and if the construction is not complete at the end of 3 years, he will be liable to pay property tax for the next 3 years !
The Navi Mumbai Municipal corporation has just released a list of illegal schools in Navi Mumbai.Shockingly,some of the schools on the list count themselves as exclusive schools.All schools in Navi Mumbai are supposed to get registered with the Municipal corporation as per state govt norms and education board regulations.Last year the list had 18 schoools.
The schools have been blacklisted and have been told to stop operations immediately.
Most of these schools do not have permission to conduct examinations and some are allowed to operate only till 7th standard.
The Municipal corp can impose a fine of Rs.1,00,000 as per education act 2009…and Rs 10,000 per day after that.
If they do not stop operations,the Municipal corporation will act legally to stop their operations.Parents are hereby warned not to enroll their wards in the schools listed below….
Over 1200 houses constructed on Tribal land and Reserved forest land in Kashimira (Mira Bhayandar municipal council) were demolished on Sunday 20,May 2012.The areas affected were-Minakshinagar,Mashachapada and Dachkulpada.Over 500 municipal workers and 13 JCB machines completed the job in 3 hours.The occupiers were earlier given a notice.The Municipal authorities were opposed by a crowd of 2000 people but they were soon pacified and told to collect their belongings after which the houses were demolished.The locals claimed that they had paid the local politician Jyotsna Hansnale (NCP),Rs 50,000 to Rs 60,000 to allow them to construct the houses.Mira Bhayander is headed for elections in August and this demolition is sure to make a difference in the outcome.
A startling figure has come to light during the 2011 house census. The census says that out of the 3,89,019 structures classified as houses, 54267 houses are vacant (without any occupant).This is roughly 13.94%. This survey was undertaken by the Govt. Out of these structures,2,52,201 structures are used purely for residential purposes,4215 are used for mixed purposes and 36,394 are used as shops and other uses.582 structures are for academic purposes,1603 as hotels and 1176 as hospitals and clinics,5015 as factory and workshops and 836 as places of worship.
Confronted by these shocking statistics, the builders reacted with the usual shrug of the shoulders, saying that it was not possible. Many attributed the statistics to investors who keep the flats locked up and wait for the market to shoot up. Other builders also feigned ignorance of such a possibility. Whether this survey included newly constructed buildings or not is not clear. If they weren\’t included, the actual figure of vacant houses may go up by a few thousand more houses.
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
There has been flood of offers by builders recently, offering weekend homes/farm houses/villas etc situated outside city limits but within a couple of hours driving distance from the city.
Though the prices are cheap compared to city living, the main deterrence/worry is the legal status of the land in question. How does one verify whether the houses shown in the brochures have all the necessary permits, since village land does not come under Municipal jurisdiction.
The steps for the same are outlined below..
A copy of the land survey form which has to be completed and submitted at the Superintendent of Land Records office for getting a survey done and boundaries marked on any piece of land. Sample of the Form is given below
Just because the ownership records in the Talathi office are clean does not mean that the land is clean. Despite land records being clean there could be multiple court cases on the piece of land. And you will never know this unless you decide to undertake a detailed investigation of the legal records. And if you think you will simply search online on the court websites, you will be groping in the dark as the court website does not give any details unless you know the date or year of the case filing.
Once you have verified and signed and registered the sale deed, its a must to get fencing done around the plot to prevent encroachment.
| Services Offered by us | Charges |
| CIDCO Transfer only | 15,000 |
| Mortgage NOC only | 15,000 |
| CIDCO Transfer + Mortgage NOC | 20,000 |
| Only Drafting/Documentation | 5,000 |
| Drafting and Registration of Sale Agreement/Sale Deed | 10,000 |
| Brokerage (Purchase/Sale transaction) | 2% |
| Brokerage (Rentals) | 1 month rent/year |
| Consultation over Phone/Whatsapp/Zoom/Google Meet | 5,000/30 mins |
| Property Tax Name Transfer | 10,000 |
| Water Bill Name Transfer | 10,000 |
Address A-1, 7,2, Sneh Co Op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706
Call Us 9987452642
mayur@navimumbaiestate.in
A new sensational fraud has been unearthed in the Dombivali region of Mumbai. Six conmen -Sunil Gawde, Sunil Bodhare, Satyawan Kadam, Ajay Kolte, Vishal and Mritunjay Singh came up with a unique plan to defraud people by targeting areas falling out of the Dombivali-Kalyan Municipal corporation.
Since areas which are out of the Municipal corporation supervision fall under the approval of the collector, Deputy collector and Tehsildar, the accused forged documents of approval from all these officials and made over 40 buildings in the villages of Bhopar, Davdi, Azade, Govali and Nandavli, all located on the fringes of Dombivali. They would also forge the NA (non agricultural) permission which is required to construct in rural areas.
The gang was operational for the past 2 years and used to lure buyers by placing ads in local newspapers and cable tv channels.
A case of fraud and forgery has been lodged against them by the Ulhasnagar police station.
The scam came to light after a tip off to the police.
Update on 11 June 2012
As a follow up to this scam investigations,20 more builders have been found guilty of similar violations.33 builders have been booked of which 6 have been arrested while 27 are absconding. Police sources said that a couple of them were close to MNS and BJP mla\’s. The tally of illegal buildings have crossed 100.Collusion of members from the gram panchayat etc cannot be ruled out.
Why demand 2.5 FSI when redevelopment can be done in 1 or 1.5?
This question arises after the residents of C-2 type in Vashi demand 2.5 FSI against GDCR
By Shilpa Suryawanshi
NAVI MUMBAI: In 2007, i.e. 4 years back, Indian Institute of Technology (IIT) Bombay, Powai had done structural audit of C-2 type building numbers 1 to 10, in sector.16, Vashi. In its report these buildings were categorized in ‘category: c1’ which means ‘Buildings are in extremely dangerous condition and may collapse any time soon.’
Almost four years back, the C-2 type Apartment Owners Association (AOA) was in possession of IIT report but interestingly it approached Navi Mumbai Municipal Corporation (NMMC) only in 2010. It is questionable that if buildings were declared as dilapidated and inhabitable, then why AOA waited for 4 years and not vacated the buildings soon after the report?
The proposal of AOA regarding declaring these buildings dilapidated was submitted to NMMC in 2010.
Soon after having proposal in hand, NMMC Commissioner, Bhaskar Wankhede appointed committee for reviewing the proposal of AOA. Committee agreed with the IIT report and sent letter to AOA stating that buildings are dilapidated.
![\"\"](\"https://navimumbairealestate.org/wp-content/uploads/2021/12/image_2021-12-18_145709-1024x768.png\")
The Navi Mumbai Municipal Corporation’s Government Development Control Rule (GDCR) clearly states that if buildings are declared as unsafe then they should be vacated immediately or within the specific period. In addition to this, it also mentions that if the owner or occupier fails, neglects or refuses to comply with the notice then corporation should remove the danger by demolition or by repair. Now if one goes by that rule then under the directives of Municipal Commissioner, these buildings should have been vacated long back without delay.
Encroachment division head (of NMMC), Subhash Gaikar who was one of the members in Committee said, “Under the directive of Commissioner we have given notification in news paper and have suggested to association that buildings are in dilapidated condition.” He added, “After publishing notification and sending letter to association our responsibility has ceased.” His statement is clearly in non-compliance with GDCR in which it is clearly stated that if owner neglects the notice then corporation must remove the danger by immediate demolition.
![\"Cidco](\"https://navimumbairealestate.org/wp-content/uploads/2021/12/cidco-made-buildings-in-Nerul-1024x577.jpg\")
Now the Residents dwelling in these buildings are blaming CIDCO for poor construction and instead of reconstructing buildings are demanding 2.5 FSI whereas as a matter of fact these buildings must be built in 1.00 FSI, as the same provision is also mentioned in GDCR, although corporation is inclined to approve 1.5 FSI through change-of-user, but there is a stay on the same.
President of AOA, Subhash Shewale, who is demanding 2.5 FSI said, “In near future we may start reconstruction work with 1.5 FSI (even when there is a stay on change-of-user) but at the same time we will keep provision for 2.5, as we are sure that Naik will get it sanctioned for us.” While vying for 2.5 FSI he has full faith in Thane Guardian Minister Ganesh Naik and MLA Sandeep Naik that they will win additional FSI from state government.
Let us remind you that in last corporation election, Ganesh Naik had assured that he will get approval for additional FSI from state which apparently led to his National Congress Party’s victory.
RTI activist, who has unearthed hidden facts said, “When these buildings can simply be redeveloped in 1 FSI, or say, 1.5 FSI, through change-of-user, then on what basis the said association is demanding for 2.5 FSI.” He continued, “These buildings were just built in 80’s besides later the association had also carried out extension and repair work of buildings, then how can they be declared as dilapidated.” He is also doubtful about the IIT report, he said, “How can IIT declare these buildings dilapidated which were repaired and extended just four years back by association. If anyone is truly going to benefit out of redevelopment or reconstruction then it will be no one but builder’s lobby.”
Builders lobby will benefit because if the height of buildings is increased then the value of land will go up too, besides due to additional FSI, residents will get bigger flats.
It is questionable that why anyone should demand for additional FSI when they have only paid for present area to CIDCO, besides there has been no provision in corporation’s GDCR for the same.
In the present case, said association ethically cannot blame CIDCO for poor construction since in past, association itself had repaired and extended buildings, besides if reconstruction was no good then how NMMC’s Town Planning department gave Occupancy Certificate to buildings.
If buildings are given additional FSI in Navi Mumbai then it will create a load on municipal services, likewise with increasing population, the city will feel immense pressure in terms of accommodation of vehicles in limited space.
In current scenario when corporation is already finding it difficult to accommodate vehicles, then additional FSI if at all sanctioned, then no wonder it’s bound to play havoc in so called ‘planned city’.
Excellent article from Newsband
Palm Beach Residency, Nerul, Navi Mumbai A Brief history of the Palm Beach Residency Project by Wadhwa on Palm Beach Road, Nerul, Navi Mumba...
