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Bombay HC holds AAI’s order to reduce height of JVPD buildings
The Bombay High Court (HC) has held the Airports Authority of India (AAI) order to withdraw the no-objection certificate (NOCs) granted for the height of a building constructed in the upscale Juhu Vile Parle Development Scheme (JVPD).
The revocation was retrospective and stayed through an interim order. The revised NOC has reduced the building height to 37 m from the original NOC that permitted 57 m. AAI granted NOC for carrying out construction up to a limited height under provisions of the Ministry of Civil Aviation, Height..
MHADA to take up redevelopment of Patra Chawl in Goregaon
The Maharashtra Housing Area Development Authority (MHADA) is set to take over the redevelopment of Goregaon West's Siddharth Nagar (Patra) chawl.
The state housing department issued a government resolution (GR) ordering MHADA to finish the stalled redevelopment and hand over tenements to the 672 tenants and 306 citizens who won allotments through the authority's lottery system. Rent arrears will also be paid to the tenants.
MHADA is also directed to use all legal means to ensure ..
MHADA to develop long-delayed project in Mumbai’s Goregaon
The Maharashtra Housing Area Development Authority (MHADA) will get around 4 lakh sq ft built-up area for construction of a project which has been stuck for almost a decade.
The development of the remaining land will be a cluster development, the Housing Minister, Jitendra Awhad, told the media.
The state cabinet decided that MHADA will be the developer of Siddharth Nagar, Patra Chawl in Goregaon West, where the work is closed for a decade.
The state cabinet decided to all..
Residents Sceptical of Sahastradhara Road Widening
Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.
The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..
Warburg Pincus Acquires Shriram Housing Finance
Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.
Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..
