Published On: Thu, Oct 12th, 2017

Big Relief to Real Estate Projects at Ghodbunder Road, Thane, Mumbai by Bombay High Court

bombayhighcourtBy Accommodation Times Bureau

Nearly 2 cr sq ft on going projects came to stand still when on 5th May 2017, Bombay High Court imposed a stay on all ongoing projects and any new construction in and around Ghodbunder Road, Thane, Mumbai.

“When people are reeling under heat, water can be treated as life saving. Thane Municipal Corporation cannot shoulder their statutory responsibility,” observed a division bench comprising Chief Justice Manjula Chellur and Justice G S Kulkarni.

The matter was heard on 9th June 2017 and finally yesterday 11th Oct 2017, the Bombay High Court vacated the stay on issuing any Occupation Certificate and Commencement Certificate ordered by it on 5th May 2017. It was a much relief to thousands of flat buyers who have booked their dream homes in various residential schemes. The court also lifted its stay on areas of Pune’s Balewadi and Baner.

On Wednesday, a bench of Chief Justice Manjula Chellur and Justice Nitin Jamdar considered the fact placed Thane and Pune municipal corporations about water supply.  The Corporations claimed that there is enough water for all upcoming real estate projects and that water cuts were seasonal.

The court also noticed that except the petitioner alone, no other societies or residents approached the court for relief sought under PIL.

Ghodbunder Road alone will come up 2 cr sq ft under construction at present and may also add another 6 cr by 2020.

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  1. Atul bhemani says:

    Bombay High Court stay on new construction due to dumping ground
    Now this 12th October stay lifting order is also pertaining to above problem?

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