The hospital was mired in a prolonged legal battle with the Mumbai municipal corporation. In 2019, the Supreme Court had set aside an NCLT order approving the resolution plan by Dr Shetty’s New Medical Centre.
The project entails construction, completion and handing over of 4,000 tenements of carpet area 27.88 metres along with transfer of land and completed tenements to MCGM, to be constructed on land located in village Chandivali in Zone-V.
Developer bodies have welcomed the move but said that labourers too should be allowed to travel to the construction site in dedicated transportation provided to them.
Major private hospitals have also directed to transfer mild patients to step-down facilities in hotels.
The BMC has also formed a 'corona war room' in its disaster control unit, which will be functional round-the- clock and various activities like planning, prevention and management of the pandemic will be conducted there.
The Municipal Corporation of Greater Mumbai (MCGM) June 3 filed affidavits in response to five petitions submitted by activists, residents and fisherfolk community from the city challenging various aspects of the project.
The company has begun implementation of the prestigious LIDAR (light detection and ranging) property survey for the city of Mumbai on behalf of MCGM (Municipal Corporation of Greater Mumbai).
The construction industry in Mumbai and Delhi, is eagerly waiting for the single-window clearance of all approvals within 30 days, to be implemented. The procedure is at the final stage of implementation, in both R
FCI, a government of India enterprise, had contended that it only occupies the godowns which are owned by the union government and such properties are exempted from local taxes.
The orders include construction of grade separator at junction N.S. Phadake marg and Telli galli in K/East Ward of Rs 101.24 crore.
"MIG Bandra Realtors & Builders Private Limited, a subsidiary of DB Realty, has undertaken development of land spread across 20,150 square meters (approximately 5 acres) situated near the Bandra Kurla Complex (BKC) area," said the Mumbai-based realty company in its filing.
The government has announced that the BMC will increase property tax rates by 40 percent soon.
The Municipal Corporation of Greater Mumbai (MCGM) is set to considerably improve its construction permit approval process in a big way from May 15, sources have told CNBC-TV18's Nayantara Rai.
The realty player expects approval from MCGM for joint venture project at Mahalaxmi by the first quarter of next calendar year 2015. "We already received approval to develop Marine Lines project," it adds.
Leading rating agency, ICRA, expects Developers in Mumbai to increasingly find it difficult to raise property prices, owing to the increase in inventory levels, subdued demand with no immediate improvement in the near future, and uncertain macro environment.
J Kumar Infraprojects today said it has bagged orders worth Rs 287 crore for construction of roads, metro stations among others.