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The Many Facets of the Aarey Metro Debacle

– by Anuj Puri The verdant expanse of Aarey forests in suburban Mumbai turned into a battleground between environmentalists and authorities. Triggering this confrontation was the BMC-appointed Tree Authority’s clearance to cut almost 2,700 trees in the area to construct a car shed for the upcoming metro line. This controversy expectedly reignited the development vs. environment debate. In a space-starved and congested city like Mumbai, Sanjay Gandhi National Park and Aarey are the few open green spaces left. Rich in biodiversity, home to several animals and birds and with lakhs of trees, the Aarey forests are the lungs of the city. Environmentalists fear that this mass felling of trees will disturb the whatever ecological balance Mumbai still retains and can exacerbate chronic proble...

What is Maharashtra Stamp Duty Amnesty Scheme 2019 – RealtyMyths

by Akhilesh K Prasad  The Maharashtra government has recently issued a notification on Amnesty Scheme 2019, in the best interest of homebuyers who have not yet completed the registration process for their property. Such homebuyers are now being allowed to pay stamp duty on the property purchased along with a nominal penalty. Such payment has to be made within a stipulated period of 6 months. For perspective, earlier home buyers were liable to pay a penalty of 2% per month subject to a maximum of 400% on the unpaid or deficit stamp duty from the date of execution of sale agreement. Needless to say, that this was a burden for several buyers and therefore had been pending. The Amnesty Scheme under Section 9 of the Maharashtra Stamp Act 1958 to be implemented between March 1 and August 31 has ...

Mumbai’s Self Redevelopment Scheme 2018

by Akhilesh K Prasad The rapidly increasing population of Mumbai directly results in the increased demand for more accommodation. The city has more than 30,000 dilapidated buildings built almost 50 years ago that have a low Floor Space Index (FSI). FSI is basically the ratio between the total site area on which the building stands and the actual floor area. Many such buildings went into redevelopment with the help of builders and contractors. However, the process was tedious and often builders and contractors left the project midway over differences with the housing societies. The residents thus often ended up finding themselves stranded. In January 2018, the Maharashtra government has kicked-off the Mumbai Self Redevelopment Scheme whereby housing societies can take up redevelopment of th...

Husaini building collapse in Mumbai 19 dead

Souma Mukherjee The 117-years-old Husaini building (CS NO.4329) in Bhendi Bazaar collapsed at 8:30 am today. This shocking incident shook the Mumbai dwellers. Husseini building was categorised as “most dangerous” by the BMC. Of the 791 “most dangerous” buildings, 186 (23 percent) had been demolished and 117 (14 percent) had been evacuated. The injured are being rushed to the nearby JJ hospital, the rescue is still on. 90 NDRF personnel, dog squad, 10 fire tenders, two rescue vans and several ambulances are at the site Speaking to the Indian Express, MLA Amin Patel said, “A notice to vacate the building was issued to tenants. Fifty per cent had vacated the building while the rest remained,” he said. The structure was old and there were frequent complaints of leakages...

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