BMC Issues Stop Work Notice for Environmental Violations at Andheri Construction Site

The Brihanmumbai Municipal Corporation (BMC) has ordered a halt to construction activities at a site near Infinity Mall, Andheri (West), citing multiple environmental violations. The developer, Veena Developers, has been directed to address air and noise pollution concerns by implementing measures such as wind-breaking barriers, tarpaulin covers, and the use of smog guns and water sprinklers. This move underscores BMC’s commitment to enforcing environmental compliance across Mumbai.

BMC Revises Interest Rates for Installment Payments on Building Permission Fees

On January 1, 2025, the Brihanmumbai Municipal Corporation (BMC) revised its installment payment policy for building permission fees, including IOD and CC. The revised policy introduces a higher interest rate of 12% per annum for fresh proposals, with increased penalties for defaults. The changes aim to ensure timely fee recovery and improve financial accountability in the city’s construction sector.

Exclusive: BMC Seeks Special Planning Authority Status for SRA Projects on Its Land

The BMC has requested Special Planning Authority status for SRA projects on its land, hoping to accelerate redevelopment efforts. However, experts warn that this move could diminish the role of the SRA in managing slum rehabilitation in Mumbai. The proposal awaits discussion once the new state government is formed.

Need for Housing Stock Through PPP: BMC Commissioner

At the HOMETHON Property Expo 2024, Dr. Bhushan Gagrani, Commissioner of BMC, stressed the urgent need for public-private partnerships to enhance housing stock in Mumbai as old buildings await redevelopment. Industry experts advocated for reduced premiums and greater knowledge dissemination to navigate the complexities of urban redevelopment effectively.

DEVELOPERS WELCOMES SC DECISION TO UPHOLD BOMBAY HC VERDICT AGAINST MCGM RULES TAXING LAND UNDER CONSTRUCTION

DEVELOPERS FRATERNITY WELCOMES SC DECISION TO UPHOLD BOMBAY HC VERDICT AGAINST MCGM…