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  • Re : Mumbai Real Estate News

    Centre rejects Maharashtra govt’s proposal to redevelop BDD chawl in Sewri

    Written by Vallabh Ozarkar | Mumbai | Updated: June 17, 2022 7:20:59 am

    The communication is a major setback for residents of Sewri's BDD chawl, who are now uncertain if their chawl will ever be redeveloped.

    In yet another instance of a face-off between the Centre and the Maharashtra government, the Centre has refused to accept a proposal by the Maha Vikas Aghadi (MVA) government on redeveloping the pre-independence era Bombay Development Department (BDD) chawl in Sewri, which is located on land owned by the Mumbai Port Trust.

    Responding to a letter by Shiv Sena Member of Parliament Arvind Sawant, Union Minister of Shipping Sarbananda Sonowal has said there are no enabling provisions under any existing policy of the ministry to grant the proposal in its present form.

    Also Read |Mumbai: Not keen on new BEST scheme, parents seek resumption of special school bus service
    Nearly 960 families currently live in 12 buildings at the BDD chawl in Sewri, which is spread across 5.73 acres of land. There are a total of four BDD chawl clusters in Mumbai, located in Worli, Naigaon (Dadar), NM Joshi Marg in Parel and Sewri. The three chawls, other than Sewri, have over 15,500 families living in 195 buildings.

    While work to revamp other BDD chawl complexes started in August last year, and is being carried out by the Maharashtra Housing and Area Development Authority (MHADA), it has not started in Sewri yet as the land belongs to the MbPT and requires necessary permission from the Trust, which is under the Union Shipping Ministry.

    In April this year, Sawant had written to Prime Minister Narendra Modi, requesting him to grant permission for the redevelopment project in Sewri by directing the Shipping Ministry accordingly.

    “The redevelopment of clusters of BDD chawls situated in Worli, Naigaon, N M Joshi Marg, and Sewri in Mumbai have been undertaken by the Government of Maharashtra. However, the redevelopment of BDD chawl cluster at Sewri is not yet launched as the same has not been granted permission by the Ministry of Shipping as it stands on the land of Mumbai Port Trust,” the letter had stated.

    Sonowal’s reply to Sawant’s letter, dated June 3, stated that the proposal cannot be enacted in its present form. “I would like to inform you that a proposal on redevelopment of BDD Chawl at Sewri from Mumbai Port Authority has been examined in the Ministry. There are no enabling provisions under any existing policy of the Ministry of Ports, Shipping and Waterways to enact this proposal in its present form. This has been intimated to the Mumbai Port Authority.”

    The communication is a major setback for residents of Sewri’s BDD chawl, who are now uncertain if their chawl will ever be redeveloped.

    Mansingh Rane, a resident of Sewri BDD chawl, who is a spokesperson of the Akhil Sewri BDD Chawl redevelopment project, said,”MP Arvind Sawant has been following up the matter on behalf of the state government for a long time now and the reply of the Centre has been disheartening. There is outrage among the chawl’s residents. They have been assuring us that the redevelopment will be done and now how can they say no? We request the state government to discuss the matter with the central government and sort the issue out. If needed, we are willing to come on the streets and protest.”

    Speaking to The Indian Express, Sawant said, “I have been following up with the central government on a number of occasions and have also raised the issue in Parliament. Until recently, the Ministry was giving positive assurances but nothing was happening on the ground… that’s why I wrote a letter, but to my shock, they directly rejected the proposal, saying there are no provisions to enact it in the present form. We are willing to discuss it… they should let us know in which form they are willing to give us permission.”

    State Housing Minister Jitendra Awhad told The Indian Express, “It’s very unfortunate that while the redevelopment work on the three BDD Chawls is already underway in the city, the Centre is not giving its Sewri land for the redevelopment. The Centre should allow the project.”








    Centre rejects Maharashtra govt’s proposal to redevelop BDD chawl in Sewri | Cities News,The Indian Express
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    • Re : Mumbai Real Estate News

      Ghatkopar: 12 years on, no homes; 12 FIRs against Shraddha Skyline builder

      Read more at:
      https://realty.economictimes.indiati...ilder/92314261



      Normally police clubs all the FIRs but on city police commissioner’s instructions, the Pant Nagar police have filed 12 separate FIRs with common complaints.

      MUMBAI: Twelve out of 16 residents of an old tenant building have lodged 12 FIRs against Shraddha Skyline builder and its partners after they failed to complete the project and hand over the possession in Pant Nagar in Ghatkopar which was started in 2010.

      Normally police clubs all the FIRs but on city police commissioner’s instructions, the Pant Nagar police have filed 12 separate FIRs with common complaints. Asked as to why so many FIRs were filed with common complaints and common accused, the senior inspector of Pant Nagar police station, Ravidutt Sawant, said that each person has given an independent complaint. He added that at the time of filing the chargesheet, they will club the first information reports.

      Kamlesh Seth, a 61-year-old resident of Pant Nagar who has lodged one FIR, alleged that in 2010 the residents of building numbe 312 made an agreement with Swastik Ventures which was supposed to redevelop their building, rehabilitate 16 members and create saleable components to be sold in open market. Police said that this MHADA building is a part of 15 buildings of Vishal Pant Nagar Housing Society in Ghatkopar East.

      “In 2010 when Swastik Ventures made an agreement for redevelopment there were four partners – Pankaj Ghag, Jayesh Gala, Pradeep Chopra and his son Ankit Chopra. And as per the development agreement, the builder agreed to pay Rs 37,000 monthly rental and complete the project in 28 months. And every six months the builder will increase the monthly rental by 10% till the completion of the project. We vacated our flats and handed them over to the builders believing that they will complete the project within the stipulated period, but 12 years have passed and the project is partially completed, RM Rathi, one of the complainants, said.

      Seth told police that in 2016 the construction firm informed them that there was a dispute in their partnership and Ghag and Gala had separated from the firm and that Pradeep and Ankit Chopra, who had formed a new firm Shraddha Skyline LLP, will take over and continue the project. Police said that the project is almost completed but the tenants have not been given possession.

      “In 2018 they made another agreement with us and the project was to be completed the same year but till today the project has not been completed,”said a resident of the building.

      Speaking to Mirror, builder Ankit Chopra said, “I am not aware any such FIR is registered against my company. Our project is completed and possession will be done soon.
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      • Re : Mumbai Real Estate News

        Mumbai: Liberty Horizon' builder to pay buyer refund, rental loss, interest costs

        Read more at:
        https://realty.economictimes.indiati...costs/92314297



        According to the complaint, home buyer Mahesh Pistolwala purchased a flat measuring 363 square feet at the Liberty Horizon project at Kothimbe village in Karjat Taluka for a consideration of Rs 6,50,000 in 2013.

        MUMBAI: The Thane Additional District Consumer Disputes Redressal Commission has directed the promoter of housing project in Karjat to pay a Vile Parle-based home buyer a sum of Rs 6,27,000 towards compensation of rental loss, and refund a sum of Rs 5,46,340, which was expended by the home buyer on the flat, along with interest of 12 % p.a. from 2013, and also a sum of Rs 1 lakh towards mental torture and litigation cost for failing to deliver possession of the flat on time.

        According to the complaint, home buyer Mahesh Pistolwala purchased a flat measuring 363 square feet at the Liberty Horizon project at Kothimbe village in Karjat Taluka for a consideration of Rs 6,50,000 in 2013. From 2012 to 2016, the home buyer paid a sum Rs 5,36,070 to the promoter of the project, and possession was to be handed over by June 2015. However, the promoter failed to complete construction within the stipulated time and deliver possession of the flat by 2015.

        The home buyer, who according to the complaint was forced to reside in a rented flat of Vile Parle (W) in Mumbai by spending a monthly rent of Rs 19,000, claimed a rental compensation of Rs 6,27,000...The Commission, in its ex-parte order, observed that the complainant had placed reliance on a site inspection report prepared by an architect about the condition of the structure of the building, and that construction cannot be completed at any cost.

        According to the Commission, the said evidence speaks volumes about the fact that there is no point in claiming possession of subject flat. Therefore, the complainant is justified in claiming a refund of Rs 5,46,340, the amount paid and spent for the flat, including stamp duty and registration charges.

        On the claim of loss by way of rent paid by the complainants, the Commission pointed out that in Mumbai, rent of residential premises are high. Referring to the complainant’s claim for compensation of Rs 1 lakh towards mental torture and cost of litigation, the Commission said, considering the architect’s report of the dilapidated condition of the building and the flats, a payment of Rs 1 lakh on both the counts would meet the ends of justice.

        The Commission observed from the very tenor of the report by the architect, it is clear that the RCC structure is worn out, and that there was considerable leakage, at various sections, which had weakened its walls, besides, the beams and columns. There were cracks to all walls and the compound wall was in an incomplete condition. Due to incomplete construction of beams, columns, the foundation of the structure was in rusted condition which may collapse at any time.

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        • Re : Mumbai Real Estate News

          Mumbai: EOW arrests five developers for cheating buyers in three separate cases

          Read more at:
          https://realty.economictimes.indiati...cases/92315221




          The city Economic Offences Wing (EOW) arrested five developers in three separate cheating cases involving around Rs 28 crore over the last 24 hours. All the arrested developers have been sent to police custody.

          MUMBAI: The city Economic Offences Wing (EOW) arrested five developers in three separate cheating cases involving around Rs 28 crore over the last 24 hours. All the arrested developers have been sent to police custody.

          The housing unit (II) early on Saturday arrested, Rajesh Sawla, Ashwin Mistry and Jayesh Rami the three city developers, in a cheating case of Rs 76 lakh. The case was registered in April this year at the Charkop police station and transferred to the EOW. The trio were directors in M/s Raj Arcades and Enclaves Pvt Ltd. The trio had in 2019 sold a flat to the complainant in a building Raj Shivganga CHS for Rs 76 lakh.

          “The accused had mortgaged this flat and taken a loan from a bank. The flat owner started receiving notices from the bank for repayment of loan. This is when he inquired and approached the police. There are six other similar cheating cases registered against the trio and we are probing them too. Moreover, the accused had sold some flats to multiple buyers,” said an officer.

          The probe is being conducted by SPI Sanjay Kate. Police said to avoid arrest Sawla was not staying at his house and took a flat on rent in Charkop. Police reached the flat which was locked from inside and Sawla was not opening the door. The flat owner and Sawla’s wife were called. This is when the room was opened and Sawla was arrested.

          In another case, the general cheating unit arrested Mangesh Sawant of Sai Lee Developers. He is alleged to have taken finances of Rs 15 crore from a private company and was to hand over 1.25 lakh sq ft area when he constructed the building. However, neither the building was constructed nor the work continued. The company then lodged an FIR against Sawant.

          In the third case, developer Jayesh Shah has been arrested for cheating the complainant and 29 others of Rs 12.14 crore. The complainants had purchased flats in Gaurav legend in Oshiwara and paid an initial amount for the flats. However, the accused did not take any permission for work and the project was not completed.

          Pravin Padwal, joint CP (EOW), said, “People in Mumbai dream and work hard to buy a house of their own in the city. But some developers take money from the buyers and divert the funds for some other purpose and don’t construct the building for years. Whenever EOW will receive such complaints falling in its jurisdiction, stringent legal action will be taken against such defaulter developers.”
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          • Re : Mumbai Real Estate News

            About 20,000 housing societies in Maharashtra can gain from cooperative bank funding

            https://www.indianrealestateforum.co...99#post2706399
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            • Re : Mumbai Real Estate News

              Mumbai: BMC’s vigilance department faults desilting work

              Chaitanya Marpakwar / TNN / Updated: Jun 18, 2022, 09:32 IST


              Following a complaint from former Congress corporator Ravi Raja, the BMC had initiated a vigilance inquiry into desilting works being carried out using the silt pusher and pontoon excavator machine

              MUMBAI: The BMC’s vigilance department has punched holes in the civic body’s claims on desilting ahead of the monsoon. The department has found that the BMC’s app for tracking desilting works does not show any bifurcation of cleaning done by conventional methods and imported silt pusher machines.

              It also asked why silt pushers were not used in western suburbs and parts of the eastern suburbs even though there are major nullahs there.

              Following a complaint from former Congress corporator Ravi Raja, the BMC had initiated a vigilance inquiry into desilting works being carried out using the silt pusher and pontoon excavator machines. Raja had alleged that while companies had bagged contracts to desilt major nullahs in the city and parts of the eastern suburbs using the imported machines, the equipment was lying idle. Instead, he said, contractors were still using conventional machines to remove silt while billing the BMC for the use of imported machines.

              Stating that it has been learned that in estimation for western suburbs and zone 6 of eastern suburbs, desilting by silt pusher has not been considered though there are major nullah systems in both areas, Vinod Chitore, chief engineer, vigilance, has sought an explanation from the storm water drain department.










              Bmc’s Vigilance Dept Faults Desilting Work | Mumbai News - Times of India (indiatimes.com)
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              • Re : Mumbai Real Estate News

                Maharashtra's slum rehab projects' amnesty to help unlock Rs 35,000 crore stuck loans

                Read more at:
                https://realty.economictimes.indiati...loans/92325801



                The key issue that has led to majors concerns over financing of these projects is that all the loans extended by these institutions to such slum rehabilitation projects are not recognised by the Slum Rehabilitation Authority (SRA), a government body that serves as the planning and governing authority for all slum areas in Mumbai and Thane.

                The government of Maharashtra's amnesty scheme aimed at kick-starting stalled housing redevelopment and rehabilitation projects is expected to help financial institutions unlock funds worth Rs 35,000 crore that are stuck in loans extended by them to such projects, Maharashtra's Housing Minister Jitendra Awhad, told ET.

                This will also benefit thousands of slum dwellers and project beneficiaries, apart from offering a major relief to several leading financial institutions and funds that have provided loans to slum rehabilitation projects in the country's largest and most expensive property markof Mumbai Metropolitan Region (MMR).

                A significant portion of these loans is part of portfolios of large institutions including DHFL, which has now been taken over by the Piramal Group, HDFC Capital, Altico Capital, IIFL and Yes Bank.

                "This amnesty scheme is expected to help thousands of slum dwellers as their projects will get completed and will also unlock financial institutions' funds worth more than Rs 35,000 crore stuck in these projects," Awhad said.

                Considering the interest of slum dwellers at large in such slum rehabilitation schemes as well as the financial institutions, entities that have recognition of the Reserve Bank of India, SEBI and the National Housing Bank will be allowed to come forward for completion of projects to which they have granted financing, he said.

                The key issue that has led to majors concerns over financing of these projects is that all the loans extended by these institutions to such slum rehabilitation projects are not recognised by the Slum Rehabilitation Authority (SRA), a government body that serves as the planning and governing authority for all slum areas in Mumbai and Thane.

                By participating in this amnesty scheme, financial institutions will be able get the security for their loans as it will be recognised by the SRA and this will also help them recover their dues as the projects will be revived bringing in the much-needed liquidity.

                "The amnesty scheme announced for SRA projects will bring big relief for the lenders to these projects and help in recovery of the money stuck in many SRA projects. The scheme is expected to encourage corporate participation as well as availability of institutional finance because of the risk mitigation measures proposed," Rajnish Kumar, former chairman of the State Bank of India.

                The veteran banker hopes the scheme will prove to be a gamechanger in making Mumbai a slum-free city.

                In a separate move, the government has already cancelled letter of intents (LOIs) issued for rehabilitation of 520 slums in Mumbai and will now reallot the same to new developers in a bid to ensure over 40,000 families that are affected due stalled work at these projects get relief through delivery of their homes soon.

                The government's move aimed at reviving these stalled projects is expected to lead to corporatisation of SRA projects which were otherwise treated as an informal segment that many institutions are not comfortable with given the on-ground issues including dealing with slum dwellers.

                The credit rating of financial institutions that have exposure to such SRA projects is expected to improve in the backdrop of enhanced liquidity and cash flows as they opt for this amnesty scheme, industry experts opined.

                There are several slum rehabilitation schemes stalled in Mumbai and suburban areas for several years, and there is no progress at all.

                The government has noticed that many financial institutions have granted finance to slum rehabilitation schemes and in spite of the finance, the concerned developers have failed to complete the rehabilitation component in the schemes and also failed to pay the transit rent to eligible slum dwellers.

                There is no progress in such slum rehabilitation schemes and the financial institutions are also sustaining huge losses owing to the failure of developers.

                These financial institutions are not on record of slum rehabilitation authority and because of that the SRA is not in a position to allow these financial institutions to complete the project, though they are willing to complete the same.

                Prior to this, the state government has taken various decisions and granted concessions in order to motivate the developers and societies to take necessary steps for completion of these schemes.

                The outbreak of Covid19 pandemic, non-availability of sufficient funds with developers and overall slowdown of economy are among the major factors for such delay in implementation of schemes. The government has considered all these aspects and has decided to implement the amnesty scheme.
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                • Re : Mumbai Real Estate News

                  Mumbai: Builder's bail rejected in cheating & forgery case

                  Read more at:
                  https://realty.economictimes.indiati...-case/92467665



                  The 27 tenants of Satguru co-operative housing society in Kandivli had lodged a complaint against Tanna of Sai Tasveer Developers, who took up redevelopment of their building in 2010 but failed to complete it.

                  MUMBAI: Dindoshi session court on Tuesday rejected the bail application of builder Jayesh Tanna, booked by Kandivli police in February, in an alleged cheating, forgery and breach of trust case.

                  The 27 tenants of Satguru co-operative housing society in Kandivli had lodged a complaint against Tanna of Sai Tasveer Developers, who took up redevelopment of their building in 2010 but failed to complete it. He did not give them possession and did not pay them rent for four years too. The builder has moved the high court for anticipatory bail and he was given interim protection till July 18.

                  Additional session judge A Z Khan observed, "Complainant (Nalini Mehta) and society members agreed with to present applicant/accused along with other accused by virtue of an agreement on October 30, 2010 to redevelop the building, whereby Tanna and other accused agreed to give 25% more space for their flats and they shall develop the building within 24 months, with six months more, if required.

                  But the accused failed to develop the building, forcing the complainant and other members of the society were compelled to reside in rental premises, which the accused failed to provide them. The report, statements and documents clearly show that the accused not only committed breach of agreement, but also failed to develop the building as per sanctioned plan, and added new construction, whereby they took extra benefits from the premises."'

                  The court said the offence was serious and there were several aspects, hence thorough interrogation was essential .Bombay high court also pulled up the builder for contempt of court with regard to an arbitration court order, and directed him remain present at the next hearing.
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                  • Re : Mumbai Real Estate News

                    Maharashtra: Cases of illegal occupation by tenants grow despite proper agreements

                    Read more at:
                    https://realty.economictimes.indiati...ments/92468319



                    These tenants had signed watertight leave and licence agreements with the landlords and yet the latter now find it difficult to evict them.

                    MUMBAI: Instances of tenants illegally occupying properties of landlords are piling up in Maharashtra despite the institution of competent authorities in the state’s six administrative divisions — Konkan, Nagpur, Nashik, Aurangabad, Amaravati and Pune — to expeditiously dispose of such disputes.

                    These tenants had signed watertight leave and licence agreements with the landlords and yet the latter now find it difficult to evict them. Data procured under the Right to Information Act (RTI) shows that almost a thousand cases are pending before these authorities.

                    The RTI query was filed by Ajit Singh, chairman of the investor and consumer protection cell, Mumbai, with the state housing department. Singh is also a member of the Congress. According to the reply to his RTI query, 438 cases are pending before the Konkan division (Mumbai), 389 at Pune, 77 at Aurangabad, and 82 at Nashik.

                    The Amravati division did not reveal any information. In Nagpur, 11 cases have been pending disposal for up to two years, seven between two to three years, and 37 for over five years.

                    “The law is meant to bring speedy relief to landlords. But they find themselves dragged into a long and strenuous dispute with their licensees. These disputes must be settled within six to 12 months under the law. But this hardly happens,” said Singh.

                    He said the law could be amended in a manner that once an advance notice for the termination of a leave and licence agreement is served to the tenant, an eviction order is passed within 15 days. “The local police can be directed to evict the licensee within seven days,” Singh said. “This will only build confidence among landlords to fearlessly render their properties on leave and licence basis, thus meeting the objective of the government to provide affordable housing for all,” he said.

                    Source said that Section 55 of MRCA, mandates the registration of a Leave and License Agreement, and Section 55(2) places this responsibility on the landlords; failing to adhere, can result in imprisonment of up to three months and a penalty up to Rs 5,000. In the absence of a written registered agreement, the contentions of the Licensee about the terms and conditions of the leave and licence agreement may prevail.

                    As per the Article 36A of Bombay Stamp Act, 1958, to register a leave and licence agreement, the licensee/landlord has to pay stamp duty * 0.25% of the total licence fee and registration fees * Rs 1,000, in an urban area and Rs 500 if the property is in the rural area” to the Registrar of Assurances, State Authority.
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                    • Re : Mumbai Real Estate News

                      Mumbai: Sai Builders' Deepak Lohana arrested for cheating doctor of Rs 4 crore

                      Lohana was produced before the 37th Metropolitan Magistrate's court which remanded him in police custody till July 3. The complainant, Kailash Kothari, said a property agent had introduced him to Sai Builders' partners.
                      MUMBAI: The Crime Branch of Mumbai Police on Tuesday arrested 52-year-old builder Deepak Lohana of Sai Builders for allegedly cheating a doctor of Rs 3.85 crore on the pretext of transferring a property in Chembur in his name.

                      Lohana was produced before the 37th Metropolitan Magistrate's court which remanded him in police custody till July 3. The complainant, Kailash Kothari, said a property agent had introduced him to Sai Builders' partners.

                      The partners claimed they had acquired the development rights of a plot and produced documents to substantiate their claim. The documents were not genuine, police said. The partners have not yet honoured the agreement reached in 2007. In April 2022, the partners demanded additional Rs 5 crore, the complaint said

                      .Advocate Amit Dubey and Vagish Mishra for the complainant urged the court to grant police custody since a big fraud has been played and various documents were forged by the accused.




                      sai builders: Mumbai: Sai Builders' Deepak Lohana arrested for cheating doctor of Rs 4 crore, Real Estate News, ET RealEstate (indiatimes.com)
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