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Navi Mumbai RE Developments

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  • Re : Navi Mumbai RE Developments

    Navi Mumbai: Court rejects pre-arrest bail plea of six in property case

    The complainant in this case is Balvantrai Thakkar (71) and the applicant partners of the construction firm Raj Homes-SV Developers are Suresh Virji Thakkar, Shankar Virji Thakkar, Shantilal Virji Thakkar, Giris Gangji Shah, Kantibai Gangji Shah and Yogesh Natwarlal Thakkar.
    • PTI
    • April 29, 2021, 18:31 IST

    THANE: A court at Panvel in Maharashtra's Raigad district has rejected the pre-arrest bail plea of six partners of a Navi Mumbai-based construction firm in a case of cheating related to a property.

    Kharghar police in Navi Mumbai had recently registered an FIR against the six accused under various sections of the IPC, including cheating, and also under the Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act.

    Additional Sessions Judge N B Lavte, in his order passed recently, said the applicants do not deserve bail at this stage.

    In their bail plea, the applicants said that the FIR against them was filed based on the complaint lodged by the complainant to pressure them into selling the disputed flat at cheaper rate by using police machinery.

    They also submitted that they had not agreed to sale the flat to the complainant at Rs 45,75,000 and the sale price of the property as per the agreement signed between them was Rs 92,00,000.

    They alleged that the complainant cooked up a story, claiming that the agreed sale price of the flat was Rs 45,75,000.

    The complainant in this case is Balvantrai Thakkar (71) and the applicant partners of the construction firm Raj Homes-SV Developers are Suresh Virji Thakkar, Shankar Virji Thakkar, Shantilal Virji Thakkar, Giris Gangji Shah, Kantibai Gangji Shah and Yogesh Natwarlal Thakkar.

    In the order, the court observed that the applicants had criminal antecedents and a similar offence was registered against them earlier.

    "Considering the gravity of the offence and the criminal antecedents of applicants and the likelihood of their interference in the investigation, the applicants cannot be granted anticipatory bail," the court said.












    SV Developers: Navi Mumbai: Court rejects pre-arrest bail plea of six in property case, Real Estate News, ET RealEstate (indiatimes.com)

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    • Re : Navi Mumbai RE Developments

      SCDRC orders Navi Mumbai builder to pay Rs 25 lakh to buyer for 10-year delay

      Sanjay and Gulabodevi Singh moved Maharashtra State Consumer Disputes Redressal Commission in 2017 against Ishaadit Enterprises. The Singh’s had booked the eighth-floor flat at Airoli.
      MUMBAI: Over a decade after a family from Airoli booked a 350-sq-feet flat in Navi Mumbai but failed to get possession, the state consumer commission recently directed the builder to hand over possession along with total compensation of around Rs 25 lakh.

      The family had paid Rs 22 lakh for the flat by 2012 besides Rs 8,000 as society formation and electricity charges. The compensation includes 12% interest on the amount paid and another Rs 2 lakh for mental pain and agony.

      “The complainants could not get possession of the flat from the opponent. They required to knock the doors because of act and inaction of the opponent [builder], hence, it is clear that they have suffered mental agony. Hence, the complainants are entitled for some compensation,” the commission said.

      Sanjay and Gulabodevi Singh moved Maharashtra State Consumer Disputes Redressal Commission in 2017 against Ishaadit Enterprises. The Singh’s had booked the eighth-floor flat at Airoli. In the complaint, they submitted that although they had paid the amount, the builder failed to complete construction work, execute the agreement and hand over possession of the flat. They said communications and notices through advocates were exchanged but it was fruitless. They sought the flat and compensation.

      Along with their complaint, the Singhs submitted copies of the brochure, cost sheet, payment receipts, bank statement, advocate’s notice and communication between the parties.

      After admission of the consumer’s complaint, a notice was issued to the builder by publishing it in a newspaper. However, no one appeared for the builder. In October, 2017, the court passed an order and said that the complaint should proceed ex-parte.

      The state commission found that possession was to be handed over in 2011. “Considering the submissions, it has become clear that opponent [builder] has not completed construction work and handed over possession of the flat in dispute to complainants which amounts to deficiency in service and unfair trade practice adopted by the opponents,” it said.

      The commission said that with the Singhs’ submitting that they were willing to pay the balance, they were entitled to get vacant, peaceful and legal possession of the flat along with occupation certificate after completion of construction work.











      SCDRC orders Navi Mumbai builder to pay Rs 25 lakh to buyer for 10-year delay, Real Estate News, ET RealEstate (indiatimes.com)
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      • Re : Navi Mumbai RE Developments

        CIDCO housing scheme allotment to begin from July 1 in Navi Mumbai

        ​The town planning authority for Navi Mumbai said under the scheme 25,000 homes in Taloja, Dronagiri, Kalamboli, Ghansoli and Kharghar have been built as part of the Pradhan Mantri Awas Yojana, adding that the allotment process would be completed by October.
        • PTI
        • May 22, 2021, 10:00 IST

        THANE: State entity CIDCO on Friday said it would start allotting houses under its 2018-19 scheme from July 1.

        The town planning authority for Navi Mumbai said under the scheme 25,000 homes in Taloja, Dronagiri, Kalamboli, Ghansoli and Kharghar have been built as part of the Pradhan Mantri Awas Yojana, adding that the allotment process would be completed by October.

        "Applicants who have paid the complete installments will get one month's time from June 1 to pay the remaining miscellaneous charges and then CIDCO will give the possession of the houses from July 1. And where the installments were unpaid, those applicants are given an extension till July 31 to pay the balance amount," it said in a release.













        CIDCO housing scheme allotment to begin from July 1 in Navi Mumbai, Real Estate News, ET RealEstate (indiatimes.com)


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        • Re : Navi Mumbai RE Developments

          Cidco to develop township on 337 hectares of land in Palghar

          The township will be developed on 337 hectares given to the City and Industrial Development Corporation (Cidco) in lieu of constructing the district headquarters, spending Rs 1,000 crore.


          MUMBAI: A new, planned satellite township will be built in Palghar, about 115km from Mumbai. This will be the second such township after Navi Mumbai, the development of which started in the 1970s.

          The township will be developed on 337 hectares given to the City and Industrial Development Corporation (Cidco) in lieu of constructing the district headquarters, spending Rs 1,000 crore. Cidco has been given 400 hectares, of which 70 hectares is prime sea-facing land. The 337 hectares, which can accommodate 35 Oval Maidans, is on the other side of the newly developed district HQ spread over 103 hectares.

          “We have not been able to predict the market with the Covid pandemic. We have, therefore, invited expression of interest as we want to know what the market demands, understand the views of stakeholders, be it educational institutions, IT companies, large industrial houses, experts, scholars. Covid has changed how we shall live and we want to know what will be the right product mix for Palghar,” said Sanjay Mukherjee, MD, Cidco.

          Mukherjee said the Mumbai Metropolitan Region Development Authority (MMRDA), which is the planning authority for the region, wants Palghar to be a residential township. With the terminal station for the Bullet train in BKC, the MMRDA proposes to shift its back office to Palghar so that its employees can live and work there and if required travel by the Bullet train to BKC.

          The draft plan is ready and depending on the response Cidco may allow four to five master developers to build the township. If the response is not good, Cidco will build infrastructure and auction plots.

          Mukherjee wants Palghar to be a walk-to-work place. Palghar city at present comprises its industrial area too. The Trans MIDC Industries Association (TMIA), which represents industries in the Thane-Navi Mumbai belt, said the notified industrial area must be excluded from the future civic body, the new Palghar city municipality.

          “Municipal bodies have no role to play in industrial areas. MIDC is a statutory corporation, which is duty-bound to provide infrastructure and amenities in this area. The Maharashtra government has failed to respect the constitutional mandate that notified industrial areas are to be exclusive. Navi Mumbai and Panvel industrial areas have been included in municipal limits, resulting in double taxation, resulting in flight of industries to other states,” said Raja Bujle, chairman, legal, for TMIA.











          Cidco to develop township on 337 hectares of land in Palghar, Real Estate News, ET RealEstate (indiatimes.com)
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