Maha Gov gives Tenants the right to reconstruct

In a recent session of the Maharashtra Legislative Assembly, Chief Minister Devendra Phadnavis expressed the need to introduce a law in the state where Residents will be able to exercise their ‘right to reconstruct’ the building if the developer delays construction.

“The state government will ensure that residents living in decaying buildings are not left in the lurch by unscrupulous builders,” Phadnavis said adding that the state would introduce a law to protect rights of such tenants.

He claimed that some developers delay the reconstruction on purpose. The tenants are at the mercy of such developers and fear vacating the premises due to the uncertainty of getting the new house. This law will take these devious builders to task.

Niranjan Hiranandani

According to Niranjan Hiranandani, MD of Hiranandani Communities and Founder-First President of NAREDCO (National Real Estate Development Council) Maharashtra that works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India, stated that Infrastructure projects and their timely completion are responsible for the success and growth of Mumbai Metropolitan Regions and Mumbai’s real estate market.

While elucidating these aspects Niranjan Hiranandani explains few projects such as; the Sewree–Nhava Trans-Harbour Bridge has increased the Metro connectivity whereas; Pinjal River project was necessary for real estate development and its growth in Mumbai and MMR. The more he added that these aspects and projects has changed the land use and its development in zones with granting of FSI and its proper usage of reclaimed land. He also pointed out that Mumbai can be the largest flower bed with surrounding Mumbai’s coast but for that it need to have the coastal road for Mumbai; apart from that it has potential to increase the green cover and ecological balance.

While addressing the context of real estate development and its growth in Mumbai city Niranjan Hiranandani stated that Infrastructure and development is necessary for growth of real estate sector”. The more he added that 4000 acre of saltpan land in Mumbai have a potential to create 5 to 5.5 lakh affordable housing units, however; the improvements of slum areas in all over the city is essential and for that we should implement slum policy which can effectively solve the  problem of affordable housing in Mumbai.

However; to bring the development in the MMR, he said that vision of the Project Naina has been shared with Devendra Fadnavis, the Chief Minister of Maharashtra as it is expected that project Naina is able to add around two times the land area of Mumbai to the MMR in form of a city and it has potential to complete the vision of Prime Minister which is the “Housing for All”.

New Super Expressway between Nagpur and Mumbai

Nagpur and Mumbai in only 10 hours, that’s what Maharashtra government is promising to offer through the construction of new super expressway.

On Thrusday, Chandrakant Patil, Maharashtra Minister of Textile and Public Works announced that state government is going to build brand new six lane super expressway between Nagpur and Mumbai with an aim to reduce the travelling time from current 16 to 18 hours to 10 hours. The more he informed that state has entered in to a pact with the central government with an aim to construct this new super expressway and their endeavor is to create project in next two to three years. However; Devendra Fadnavis, Chief Minister of Maharashtra had also earlier spoken about construction of a Nagpur to Mumbai 8 lane super express way project, but due to acquisition issues currently project is facing some obstacles.

Still state government has to decide that it will be six or eight lane super expressway because in initial talk state government is proposing six lane road super express way and if it will solve the land acquisition issues, so state government will add two more lanes in it.

Chandrakant Patil stated that land for the 6 lane expressway has already been acquired by the state. The more he added that 3839 Km of the state’s roads will get converted into the highways and on this point Nitin Gadkari, Minister for surface Transport and Ports also agreed.