Mafatlal gets 100% TDR for roads on its Chembur plot



Clearing the decks for Mafatlal to redevelop its sprawling plot in Mahul in Chembur, the Bombay HC has directed the BMC to grant the company 100% Transfer Development Rights for the public roads it has constructed on the land. A division bench of Justice Anoop Mohta and Justice Ajay Gadkari struck down as illegal the corporation's decision to revoke the letter of intent (LOI)—the initial clearance for the redevelopment project—granted to Mafatlal.

"(Mafatlal's) entitlement just can't be denied once it is es tablished, and there are documents on record to show, that they completed work as required and accordingly handed over the site to the BMC's officers," said the judges. The BMC had claimed there was a delay in completing the road construction and now whatever was done by the company was unauthorized.

The HC, however, pointed out that the BMC itself had issued approvals for the road and after the company surrendered the civic amenity , the corporation had taken it over.

As per the policy , Mafatlal constructed the road and even paid over Rs 54 lakh for sewer lines and other facilities. Following a 2009 Supreme Court judgment, Mafatlal sought 100% TDR for the public road it had constructed at its own cost.

`Take back land given to Videocon' idco has been allowed to C take back 100 hectares of land allotted to Videocon at Navi Mumbai in 2008 to set up a TFT-LED plant. The state cabinet has taken the decision due to delay in setting up the plant. A release issued by the CM's office said Cidco required the land for several important projects and hence the decision. TNN