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Maharashtra

MHADA eyeing 3 projects in Kalachowki, Worli & Bandra Reclamation to rev up real estate business in Mumbai

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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

Mumbai News: Body Of 20-Year-Old Recovered Hours After Juhu Drowning Incident; Friend Rescued

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Mumbai: Nearly 14 hours after two young men were swept into the sea at Silver Beach near Godrej Gate in Juhu, the body of one of the missing individuals was recovered late Friday night. The deceased has been identified as 20-year-old Vighnesh Murgesh Devendram.

Details On The Drowning Incident

The incident was first reported around 10:24 am on Friday by the Mumbai Fire Brigade (MFB), which stated that the duo had ventured approximately 200 metres into the water when they were caught in a powerful current around 8:30 am. While one of them, 22-year-old Rajkumar Govind Subba, was pulled to safety by on-duty lifeguard Jitendra Tandel from Drishti Marine before the fire brigade arrived, Vighnesh went missing in the waters.

A large-scale search operation was immediately launched by the fire brigade in coordination with local police, civic staff and fishermen. Despite continuous efforts throughout the day, there was no sign of the youth until later that night.

According to officials, both youths were residents of a slum in Vile Parle. Preliminary reports indicate that they may have been under the influence of alcohol at the time of the incident. The Mumbai Fire Brigade had to halt the search operation at 1:36 pm due to high tide conditions. Authorities had earlier appealed to the public to alert the nearest police station, the BMC, or the fire brigade in case they spotted the missing individual.

Body Of Missing Youth Found At Night

According to the updated report received on Saturday morning, local fishermen and the Juhu Police were able to recover Vighnesh’s body at approximately 10:30 pm on Friday. He was rushed to Cooper Hospital, where he was declared, brought dead. The confirmation came from Dr. Niranjan, Assistant Medical Officer at the hospital. Rajkumar Subba, the survivor in the incident, was rescued in time and is believed to be recovering.

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Maharashtra

Tesla To Open First Charging Station In Mumbai Next Week: All Details

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US-based electric car maker Tesla will open its first charging station in India next week in Mumbai, the company announced on Friday.

The station will have four V4 Supercharging stalls for DC charging and four destination charging stalls for AC charging.

The Superchargers will offer a peak charging speed of 250 kW, priced at Rs 24 per kWh, while the destination chargers will provide 11 kW at Rs 14 per kWh.

“This will be the first of the eight Supercharging sites that were announced during the launch in Mumbai, with more planned across the country, to provide the optimal cross-country experience,” the company added.

Tesla said this will be the first of eight Supercharging sites announced during its Mumbai launch last month, with more planned across the country to make cross-country travel convenient for Tesla owners.

The company had entered the Indian market in July with the launch of its Model Y, priced from Rs 59.89 lakh, along with its first experience centre at Maker Maxity Commercial Complex in Bandra Kurla Complex in Mumbai.

The BKC facility offers both fast-charging and regular options, catering to the needs of different EV users.

According to Tesla, the Model Y can gain up to 267 kilometres of range in just 15 minutes using its Superchargers — enough for five round trips between Mumbai’s Chhatrapati Shivaji Maharaj International Airport and the Gateway of India.

“Model Y can add up to 267 kilometres of range in just 15 minutes with Tesla Superchargers, enough for 5 return trips between Chhatrapati Shivaji Maharaj International Airport, Mumbai and Gateway of India,” the US-based carmaker said.

As part of its customer offer, Tesla will also provide a free wall connector with every new car purchase, which will be installed at the buyer’s residence.

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Maharashtra

Maharashtra ACB Registers Four Disproportionate Assets Cases This Year Involving ₹4.17 Crore

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Mumbai: The Maharashtra Anti-Corruption Bureau (ACB) this year, has registered four cases related to disproportionate assets (DPA) against corrupt public servants and private persons. The total amount of money involved in these cases is Rs 4.17 crore. The statistics also revealed that two Class I officials and one Class II and Class III officials each were booked under these cases.

The statistics revealed that maximum (three) disproportionate assets cases were registered against officials of the police department and one against municipal corporation official. The total amount of money involved in these four cases is Rs 4.17 crore, of which Rs 3.82 crore were related to the officials of the police department and Rs 35.16 lakh were related to municipal corporation official.

As far as entrapment cases are concerned, from January till July 29, Maharashtra ACB has registered total 418 cases. The statistics further revealed that most corruption related trap cases were registered against officials of Revenue and Land Records department (117), followed by the Police (66) and Panchayat Samiti (42). Further analysis of the statistics revealed that most officials involved in trap cases are Class III government officials (292), followed by Class II officials (75), Class I (48) and Class IV (22). Total amount involved in these corruption cases is Rs 1.50 crore.

The Maharashtra ACB has sent information about nine corruption related cases to the state government seeking permission to freeze assets worth Rs 16.88 crores of the accused persons allegedly involved in these cases. The highest amount of assets involved are related to the officials of the Urban Development Department (Rs 3.13 crore), Water Resources Department (Rs 2.82 crore) and Public Works Department (Rs 2.48 crore).

Mumbai zone has a maximum (4) number of such cases, followed by Pune (2) and one each from Nashik, Chhatrapati Sambhaji Nagar and Nanded zones, from where the ACB wants assets to be frozen.

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