MHADA Grants One-Year NOC for Net Shed at Swami Vivekanand School

11 Mar 2025 CW Team

The Mumbai Housing and Area Development Board (MHADA) has granted a one-year No Objection Certificate (NOC) to Swami Vivekananda Shikshan Vikas Mandal Trust for reinstalling a turf and constructing a nylon net shed on the school's sports ground in Gorai, Borivali. The approval follows the school’s commitment that the facility will not be used for commercial purposes.

The decision was made after the trust’s representatives met with MHADA Mumbai Board’s Chief Officer and assured compliance with all regulations. The board has explicitly prohibited any commercial use of the net shed and stated that it is strictly for student-related sports and academic activities.

MHADA had previously issued a one-year NOC on December 1, 2023, but later received complaints of commercial use. After the NOC expired, MHADA ordered the removal of the net shed. When the school failed to comply, MHADA, with police assistance, dismantled the structure on March 5 and 6, 2025.

The trust was allocated Plot No. 12, Gorai-1, Borivali (W), Mumbai-400091, under a lease agreement dated December 16, 1994. The total area of 5,875.60 sq. m. includes 2,567.00 sq. m. for school buildings and 3,308.60 sq. m. for the playground.

Cricket coach Dinesh Lad welcomed MHADA’s decision, thanking the board for granting the one-year NOC for the net shed.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..