Maharashtra
MHADA eyeing 3 projects in Kalachowki, Worli & Bandra Reclamation to rev up real estate business in Mumbai
Mumbai: The Maharashtra Housing & Area Development Authority (MHADA) has proposed to the state government three big ticket redevelopment projects in Mumbai, which will give a huge boost to the real estate industry in the metropolis. The housing body has suggested the cluster redevelopment of Abhyudaya Nagar at Kalachowkie, Adarsh Nagar in Worli and the Bandra Reclamation layout.
Sources in the MHADA told the FPJ on Thursday that a detailed note in this regard had been sent to the housing ministry in Mantralaya, which is under Deputy Chief Minister Devendra Fadnavis. The MHADA has suggested that tenders be floated for the redevelopment of these areas, which are on its land. After the government’s decision on the redevelopment of Dharavi, these three mega projects also are likely to be pushed through.
Fadnavis wanted to implement the project soon
Sources in Mantralaya said Fadnavis was on a mission mode and wanted to cut red tape to ensure that long-delayed projects would be implemented soon.
Former Minister for Housing Jitendra Awhad told the FPJ that he had earlier objected to the individual development of these buildings, since it would be difficult to provide proper infrastructure facilities in terms of water supply, drainage, recreational facilities etc.
“I had proposed cluster development of these colonies so that infrastructure could be upgraded uniformly. However, there was no consensus in the government. In the case of Abhyudaya Nagar, the federation of housing societies of the lower-middle-class colony did float tenders and decided to award the contract to Keystone Reality of the Rustomjee Group.”
Project didn’t take off because of Rs 180 crore stamp duty
However, the proposal did not take off since the state government insisted on the payment of stamp duty of over Rs 180 crore. Awhad said, “I had proposed that the stamp duty be recovered in instalments till Keystone completed the project. However, my suggestion did not find favour with the then government.”
Since the project did not go beyond the drawing board stage, the MHADA has decided to undertake the redevelopment of the colony, which is spread over 30 acres. In the case of the six-acre Adarsh Nagar, a few buildings did start redevelopment, but the rest could not.
Raghavan Sarathy, an advocate and former resident of the colony said, “Building No. 17 has been redeveloped. Building No. 41 is under redevelopment. The rest of the buildings remain as they are. There is also objection from the Indian Coast Guard, which has its establishment nearby.”
Big players are eyeing Bandra Reclamation proposal development project
Big players in the real estate market who have already got wind of the MHADA’s proposal, are, however, eyeing the Bandra Reclamation proposal development project near Lilavati Hospital, where real estate prices are in the region of Rs 65,000 per sq ft to Rs 80,000 sq ft.
Two buildings in the area, Akshay and Safal, have already started redevelopment. Indications are that other buildings will not receive NOCs from the MHADA since the entire area will be redeveloped. A few local residents did initiate the process for redevelopment of buildings in Phases I and II. But now, their efforts will be in vain in the backdrop of the MHADA’s mega move.
An additional incentive may be given for the Bandra Reclamation project, since the MHADA is likely to get a higher premium. Meanwhile, the K Raheja group has bagged the tender for the redevelopment of Sea King apartments near Shah Rukh Khan’s bungalow, Mannat, in Bandra west. Several top builders like Wadhwa, Dilip Thakkar, Supreme and the Lotus Group’s Anand Pandit had participated in the first bid for the redevelopment of this seafacing multi-storeyed building.
However, the proposal did not go through due to certain technical reasons. Later, the society, which houses celebrities like actor Zarina Wahab, floated a fresh tender and recently signed a redevelopment agreement with K Raheja. Each member of the society will receive 48 per cent of their present area free of cost, apart from a large corpus and state-of-the-art recreational facilities.
Maharashtra
Maharashtra CM Eknath Shinde Submits His Resignation To Governor; Both Dy CMs, Devendra Fadnavis & Ajit Pawar Accompany
Maharashtra Chief Minister Eknath Shinde has officially tendered his resignation. Accompanied by his deputies, Devendra Fadnavis and Ajit Pawar, Shinde arrived at Raj Bhavan, the official residence of Maharashtra Governor CP Radhakrishnan, on Tuesday morning to submit his resignation.
Accepting the resignation, Governor CP Radhakrishnan has requested Eknath Shinde to continue as the caretaker Chief Minister until a new government is formed in the state.
The speculation over the next chief minister continues. The Mahayuti Alliance secured a decisive win in the recently concluded Maharashtra Assembly elections, clinching 230 out of 288 seats. According to the Election Commission’s announcement on Saturday, the BJP emerged as the largest party with 132 seats, while its allies—the Shiv Sena faction led by CM Eknath Shinde and the NCP faction headed by Deputy CM Ajit Pawar—won 57 and 41 seats, respectively.
Amid ongoing speculation about Maharashtra’s next Chief Minister, outgoing CM Eknath Shinde has reportedly appealed to his supporters not to gather at his official residence, ‘Varsha,’ in South Mumbai, to advocate for his continuation in the role.
In a social media message, Shinde remarked, “Following the resounding victory of the Mahayuti alliance, our government will once again take shape in the state. We contested the elections as a united grand alliance and remain united today.”
He further added, “I am deeply grateful for the love and support some people have shown by urging others to gather in Mumbai for me. However, I sincerely request everyone to refrain from assembling in my support in this manner.”
Maharashtra
President Droupadi Murmu Pays Tribute To 26/11 Martyrs, Reiterates India’s Commitment To Fighting Terrorism
New Delhi: President Droupadi Murmu paid tribute to the martyrs of the 26/11 attacks on Tuesday.
“On the anniversary of cowardly terror attacks in Mumbai on 26th November 2008, I join the entire nation in paying homage to the bravehearts who lost their lives and expressing solidarity with their families,” said the President in a post on X.
She also reiterated India’s commitment to combat terrorism.
“A grateful nation salutes its valiant security personnel who made ultimate sacrifice while protecting our people. It is also the day to reiterate that India remains firmly committed to defeating terrorism in all its forms,” the post added.
Union Ministers Amit Shah & Rajnath Singh Pay Their Tribute
Union Ministers Amit Shah and Rajnath Singh also paid tribute to the security personnel who died during the attacks,
“Terrorism is a blot on the entire human civilization. The Modi government’s ‘zero tolerance’ policy against terrorism has been appreciated by the entire world and today India has become a world leader in anti-terrorism initiatives,” Union Home Minister Amit Shah’s post said.
“We remember, and we will never forget those wounds,” Defence Minister Rajnath Singh’s post said.
Union Minister Piyush Goyal Remembers Sacrifice Made By The People
Union Minister Piyush Goyal also remembered the sacrifice made by the people in a post on X.
“Respectful salute to the brave soldiers, policemen and innocent citizens who made the supreme sacrifice to protect the motherland in the 26/11 Mumbai terrorist attack. Their bravery, sacrifice and martyrdom will always be remembered,” the post said.
About 26/11 Terror Attack
Today is the 16th anniversary of the 26/11 attacks, a series of coordinated terror attacks at the Taj Hotel, Oberoi Trident Hotel, Chhatrapati Shivaji Terminus, Leopold Cafe, Mumbai Chabad House, Nariman House, Cama Hospital and Metro Cinema by ten Lashkar-e-Taiba terrorists.
Notably, at least 174 people, including 20 security force personnel and 26 foreigners, were killed and more than 300 injured in the 26/11 Mumbai terror attacks in 2008.
The ten Lashkar-e-Taiba terrorists came to Mumbai via the sea route from Pakistan and carried out the attacks.
Maharashtra
Aaditya Thackeray Elected Shiv Sena UBT Legislature Party Leader, Sunil Prabhu Named Chief Whip
Mumbai, November 25: Former Maharashtra minister Aaditya Thackeray was on Monday elected the Shiv Sena (UBT) legislature party leader at a meeting of the party legislators in Mumbai.
Aaditya, son of party president Uddhav Thackeray, defeated Milind Deora of the Eknath Shinde-led Shiv Sena in the recent assembly elections from Worli constituency by 8,801 votes.
His winning margin dipped compared to the last elections in 2019, where it was 67,427 votes.
Senior party leader Ambadas Danve told reporters after the meeting of party legislators that former minister Bhaskar Jadhav was elected the party group leader in the state assembly, while Sunil Prabhu was named the party’s chief whip.
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