Kalyan based real estate developer moved to Bombay HC

A one of the Top most Real Estate Developer from Kalyan, Mumbai where construction is on its boom in recent years, has moved to Bombay High Court to get the permission to continue with few of the new residential and commercial projects . In present, Bombay HC has put the stay on all the new construction in Kalyan area.

On April 13, 2015 the Bombay HC had put the stay on new construction permission, until local Municipal Corporation clears the issue of solid waste management which is pending from very long time. On the hearing of PIL, which were filled by KD Gokhale and few others in Bombay HC in the year 2009, to highlight the plan to setup a solid waste management treatment plan for 15 years. In the process of hearing, a bench of Justice V L Achliya and Justice N H Patil ordered the MPCB (Maharashtra Pollution Control Board) to bring the civic officials to book and get the KDMC (Kalyan Dombivli Muncipal Corportaion) and MMRDA on one platform to resolve the issue of solid waste management.

However; the Tycoons Avanti Projects LLP, and its partner Shrikant D Shitole, sought to intervene the whole hearing procedure in the PIL which was scheduled on Tuesday. S D Shitole, who is the real estate developer in the fastest growing Kalyan region from last 14 years, pointed out that Bombay HC is in effect by putting the whole development process and end users in the limbo without any fault. The plea is all about to direct the KMDC to consider his application which was submitted on the date October 2104 on merits and issue of commencement of certification.

A projects at Godrej Hill is about to complete, the his plea added that one more redevelopment agreement with Chikanghar Shantidhoot Co orerative Society for the low and middle class income group is ready to pay the stamp duty of Rs. 1.6 crore and it is pending while it is situated just opposite to Birla College where more than 180 tenants had been shifted in last two years of duration. Whereas; for another project Shitole stated that he paid more than Rs. 33.44 crore FSI as premium to MHADA in the month of November 2014. Bombay HC, stated that “Urbanization calls for a planned approach”.

According to recent data of real estate sector it’s clear that KDMC is an upcoming urban area in Mumbai. If corporation will continue to sanction the construction projects in the area without any impact assessments surveys, so it would be the additional burden on current infrastructure which is well develop and suitable for current situation, the bench of Justice said. However; the garbage waste is bound to increase as per the increase in the projects of construction. And it’s the duty of municipal authorities to make and change the necessary changes in infrastructure to get all the desired civic amenities which is available for their citizens. There should be an action plan chalked out by the authorities of corporation as we have noticed that issue has not been taken seriously by appreciate authorities and it shows that how a grim situation has emerged today.

On Sunday, Two-days Times property exhibition kicked off at the Clube Tennis de Gaspar Dias hall, Miramar, where more than 10 well known real estate developers have showcased their properties and latest projects. Jai Bhuvan builders, Sinari developers, Shah Housing, Devashri builders, Vision developers, CMM Stores and Dempo builders were among few real estate developers who have showcased their residential projects.

Times property exhibition was perfect destination for those who were looking for premium properties as well as affordable properties because here one-bedroom flats, duplexes and luxury residential villas were available. With a wide variety of homes to choose from, residents of Goa were keen to find their own space to call home are spoilt for choice. The exhibition offered Goans a unique opportunity to review and select the most suitable residential or commercial project to call their dream office or home.

Here wide ranges of properties were available, which was good enough to appeal to every budget and with new projects coming up in various parts of Goa, location cannot be a problem either. After a slow down, there seems to be a revival in the real estate business with several promoters launching new projects. Some of the people queuing up to check the projects are also eyeing second homes as an investment.