+
Mumbai not for developers; SRA intended for public welfare
Real Estate

Mumbai not for developers; SRA intended for public welfare

The Bombay High Court ordered two developers to pay 110 million in transit arrears to a suburban SRA project, stating that this city is not for developers and that the Slum Rehabilitation Act (SRA) is meant to serve the goal of public welfare and not the developers.

In response to a suit filed by Shree Sai Pawan SRA CHS Ltd alleging that the two developers selected for the rebuilding of their society had not paid them transit rent since 2019, a division bench of Justices Gautam Patel and Neela Gokhale issued the observation on Monday.

The project to renovate a slum in Jogeshwari, a suburb of Bombay, was co-developed by Afcons Developers Ltd. and Ameya Housing Private Ltd.

Since 2019, more than 300 individuals who were qualified for apartments in the project have not received any transit rent. Of the 300, 17 were placed in temporary housing and were not receiving transit rent; nonetheless, these homes were likewise in poor shape.

Since 2019, the remaining 230 people have not received any transportation rent and have been left on their own. The court claimed that because of an unending arbitration between the two co- developers, no work is being done at the site.

"Developers are not welcome in this city. Developers are not intended for the Slum Rehabilitation Act. The Act is meant to promote the welfare of the general people.

Developers are a tool for achieving that "It looked.

According to the court, the developers are also entitled to a free sale component supplied by the incentive Floor Space Index (FSI), but only as long as they satisfy their contractual commitments. According to the statement, "Such obligations include not only rebuilding or building of the rehabilitation structures and tenements, both commercial and residential, but also the payment of transit rent or providing livable transit accommodations.

The Bombay High Court ordered two developers to pay 110 million in transit arrears to a suburban SRA project, stating that this city is not for developers and that the Slum Rehabilitation Act (SRA) is meant to serve the goal of public welfare and not the developers. In response to a suit filed by Shree Sai Pawan SRA CHS Ltd alleging that the two developers selected for the rebuilding of their society had not paid them transit rent since 2019, a division bench of Justices Gautam Patel and Neela Gokhale issued the observation on Monday. The project to renovate a slum in Jogeshwari, a suburb of Bombay, was co-developed by Afcons Developers Ltd. and Ameya Housing Private Ltd. Since 2019, more than 300 individuals who were qualified for apartments in the project have not received any transit rent. Of the 300, 17 were placed in temporary housing and were not receiving transit rent; nonetheless, these homes were likewise in poor shape. Since 2019, the remaining 230 people have not received any transportation rent and have been left on their own. The court claimed that because of an unending arbitration between the two co- developers, no work is being done at the site. Developers are not welcome in this city. Developers are not intended for the Slum Rehabilitation Act. The Act is meant to promote the welfare of the general people. Developers are a tool for achieving that It looked. According to the court, the developers are also entitled to a free sale component supplied by the incentive Floor Space Index (FSI), but only as long as they satisfy their contractual commitments. According to the statement, Such obligations include not only rebuilding or building of the rehabilitation structures and tenements, both commercial and residential, but also the payment of transit rent or providing livable transit accommodations.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?