Slum rehabilitation project
Statistics show that Mumbai-based real estate firm Housing Development and Infrastructure Ltd’s (HDIL) gross debt has come down by 5 per cent in the first six months of the current calendar year and stood at Rs 4,040 crore as on June 30. However, HDIL reported 44 per cent fall in net profit. Profit stands at [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation was ordered by the Bombay high court to get a ‘no objection‘ certificate from the defence authorities. The Municipal Corporation planned to construct a slum rehabilitation project at sector 22 in Nigdi. The order was given as the civic body has alleged violated the ‘red zone’ while constructing the project. [...] Continue Reading »
The Bharat Nagar slum development project in Bandra-Kurla Complex will see around 23,000 sq metres of land being cleared of hutments in the BKC business district. In its place, multi-storey towers will come up to house around 1,000 slumdwellers. The petition filed by Rafique Sayyed and three others had objected to the slum rehabilitation project [...] Continue Reading »
