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Palace Garden, Hirco Group, Panvel, Mumbai

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Palace Garden, Hirco Group, Panvel, Mumbai

Last updated: July 11 2017
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  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

    Hi Bkhote,
    Thanks for putting up this article very informative,the big builders new about this and it is illegal so when u need to buy a flat the will say it is a must to buy one or two parking and the cost of per parking is so and so. But when you do the aggrement with them they will show as GED,INFRA AND SO ON,the value of parking wont be shown as paid to them.
    Take Care.

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    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

      Any news on Hirco's debt settlement with tata or Hirco shareholders?

      Comment


      • Re : Palace Garden, Hirco Group, Panvel, Mumbai

        Originally posted by malkotia View Post
        Any news on Hirco's debt settlement with tata or Hirco shareholders?
        Thread has gone bit cold ..let me add some spice ...

        This guy has some balls to make tall claims. let us see what happens after 2 months.

        Navi Mumbai airport land issues to be solved in 2 months: Sanjay Bhatia
        Monday, Sep 16, 2013, 7:38 IST | Agency: DNA
        Shahkar Abidi
        Shahkar Abidi

        Sanjay Bhatia, managing director of the City and Industrial Development Corporation (Cidco), has been at the helm of affairs of the premier town planning agency for the past five months. Known to be a no-nonsense officer, Bhatia is credited with streamlining the service tax department. In an interview with dna's Shahkar Abidi, Bhatia speaks at length on the Navi Mumbai International Airport (NMIA) project. Below are excerpts of the interview.

        Sanjay Bhatia, managing director of Cidco.
        Sanjay Bhatia, managing director of Cidco. - Salman Ansari/DNA
        There have been allegations that you are not holding meetings or interacting with representatives of the NMIA Project Affected Persons (PAPs), which is in fact delaying the project. What are your comments on this?
        These are only allegations and there’s no substance in it. Moreover, whether they (the PAPs) want a concrete solution to the issue or just want to hold meetings unendingly. In fact, we have prepared a 26-point action plan for the PAPs and I am holding meetings with them.

        The project has been dragging for over a decade now and the land acquisition for it is still far away. Do you think the project is still feasible?
        Though the project cost has gone up several times, it is very much feasible. We should keep in mind that the estimated cost is not to be borne in one go, but over a period of 30 years. The tendering process will start once we are done with the land acquisition process. Further, the pre-development work of over Rs1,900 crore will be done by Cidco, before handing the project to the private party.

        With no bidder coming forward for the development of Mumbai Trans Harbour Link (MTHL) project and the Navi Mumbai Special Economic Zone (NMSEZ) project is still far away from reality, do you have doubts over the success of the NMIA project? The reason being that each of these project is made to complement each other and the prime reason for no bidder coming forward to construct MTHL has been the uncertainty over the airport project.
        In fact, the coming up of the airport project is the key which will give impetus to the two projects, especially to MTHL. Once the airport comes up, private parties will see the benefits of it more clearly and would show eagerness in pumping money into these projects (MTHL and NMSEZ).

        So, what are you doing to solve the land acquisition issue for the airport? Is there any solution on the cards?
        We expect the land acquisition issues to get resolved within a month or two, so that we can see the first aircraft flying from NMIA by 2017. We have now proposed that the PAPs can get monetary compensation which they will be getting at ready reckoner (RR) rates apart from 12.5 per cent of developed land.
        However, since the RR rates will be very low, we will also offer them the chance to get 10 per cent additional developed land instead of monetary compensation.
        This will benefit the PAPs as we have got the permission to construct in the area to develop airport. If the airport does not come up, then the land has no value. So, lower will be the value of RR rates.

        Do you have the land ready for handing it over to the PAPs, or it will be like another government project wherein the government after taking the nod from the PAPs make them run from pillar to post for decades in order to get their compensation?
        Everything, including the land to be handed to the PAPs, is very much clear and ready. All the formalities regarding it are clear. The PAPs should be least concerned about that.

        But Cidco has a record for such things. Most of the PAPs of the earlier land acquisitions done are still struggling to get their dues even after decades.
        We have come out with several steps to solve their (PAPs) problems and I am sure all these issues regarding earlier land acquisitions will be solved soon.

        What if the airport project fails to take off at the selected site in Navi Mumbai? Does Cidco has an alternate site for the project?
        The present site is the only site, because it’s the best possible one. We are not looking at any other alternatives.

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        • Re : Palace Garden, Hirco Group, Panvel, Mumbai

          Originally posted by malkotia View Post
          Anybody in this forum from Athena or Apollo ? They might know true picture.
          Athena or Apollo possession June 2014 as of now.
          Building seems to be ready from outside, fresh paint but not sure how are things inside. Possession June 2014, reason given roads not yet ready to reach those buildings.

          Phase I - No construction workers seen on site. Only single hammering sound (unless not programmed ) . Internal plastering seems to be over. Looks like Phase I may not be ready till 2015.
          Last edited September 18 2013, 02:04 PM.

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          • Re : Palace Garden, Hirco Group, Panvel, Mumbai

            any update on Selene ?

            Comment


            • Re : Palace Garden, Hirco Group, Panvel, Mumbai

              Originally posted by Mefrommumbai View Post
              Athena or Apollo possession June 2014 as of now.
              Building seems to be ready from outside, fresh paint but not sure how are things inside. Possession June 2014, reason given roads not yet ready to reach those buildings.

              Phase I - No construction workers seen on site. Only single hammering sound (unless not programmed ) . Internal plastering seems to be over. Looks like Phase I may not be ready till 2015.
              HEY.
              FIRING BULLETS IN SKY...
              Do u have any picture proof of this , have u visited site, if so, u could have done /taken few opicture & uploaded to all confused buyers/investor...

              Seems u r new to this forum...
              I would appreciate if u can take few snaps and load on this site to be able for forum friends to know whats happening there in PHASE-1, PHASE-2.
              Thanks,

              I was told that PHASE-2 will start by March 2014....
              MALKOTIA/VINCHI BHUSHAN all are silently , snoring ??????? in Hibernation MODE...
              savvy_v
              Last edited September 19 2013, 03:01 PM.

              Comment


              • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                Originally posted by NaharAmrit View Post
                any update on Selene ?
                Hi NaharAmrit,
                Good Question,plz do one one more thing,make a power of attorney whom u would like to live in selene.

                Cheers--ha ha

                Comment


                • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                  Originally posted by savvy_v View Post
                  HEY.
                  FIRING BULLETS IN SKY...
                  Do u have any picture proof of this , have u visited site, if so, u could have done /taken few opicture & uploaded to all confused buyers/investor...

                  Seems u r new to this forum...
                  I would appreciate if u can take few snaps and load on this site to be able for forum friends to know whats happening there in PHASE-1, PHASE-2.
                  Thanks,

                  I was told that PHASE-2 will start by March 2014....
                  MALKOTIA/VINCHI BHUSHAN all are silently , snoring ??????? in Hibernation MODE...
                  savvy_v
                  Hi Savvy,how can he provide proof,when u clicked photos u saw there were no workers.and the photos were distance away from u and the bldg.

                  Comment


                  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                    Originally posted by vinchi View Post
                    Hi NaharAmrit,
                    Good Question,plz do one one more thing,make a power of attorney whom u would like to live in selene.

                    Cheers--ha ha
                    Please resolve your mommy issues.
                    Don't let it out in open.

                    Regards

                    Comment


                    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                      Hi NaharAmrit,
                      DO NOT TAKE it personally,i was just kidding,We r all in the same boat,no one knows exactly what is happening.
                      Cheer up.

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