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Consolidation of Bombay Dyeing’s lands wins HC nod

Comments Off on Consolidation of Bombay Dyeing’s lands wins HC nod   |   November 25, 2013    02:04pm   |Contributed by manoja

MUMBAI: The Bombay High Court on Wednesday gave the go-ahead for consolidation of Bombay Dyeing’s two mills at Wadala and Lower Parel, for its redevelopment project. This comes a day after the HC’s interim order asking the textile major to surrender 66,651 sq m of land at the company’s Spring Mills land in Wadala to the BMC and Mhada towards open spaces and affordable housing.

A division bench of Justices Mohit Shah and M S Sanklecha said the company would also have to set aside an additional 10,000 square metres of land at Wadala till the court finally decides the issue of the quantum land that will go for housing mill workers and other public amenities.

The court referred to BMC commissioner Sitaram Kunte’s statement that the consolidation would mean more open space for Wadala which faces an acute shortage of green space. “An additional open space would help partly address this deficiency of open space in the ward,” said the judges. Kunte said while Lower Parel had 2.58 sq m of open space per person, in Wadala it was woefully low at 0.73 sq m of open space per person. Around 32,828 sq m of land would be surrendered to the BMC, which has to use it for open spaces.

The union’s plea against the amalgamation of the plots on the ground that the land at Lower Parel was worth more than the land at Wadala also failed to impress the court. The HC referred to the ready reckoner rates which valued property rates in Wadala higher than at Lower Parel.

On Tuesday, the HC in an interim order asked Bombay Dyeing to hand over 66,651 sq m of land at Spring Mills to the BMC and Mhada, which will be used for public housing, accommodation for mill workers, open spaces as well as other public amenities. This would allow Bombay Dyeing to go ahead with its redevelopment plans on the entire land at Lower Parel and its share of the plot at Wadala, which includes plans for a 38-storey residential-cum-commercial and retail tower, IT spaces and a hotel.

The court has scheduled for March 2014, the final hearing of the petition filed by the union to seek more land for public amenities and affordable houses.

http://timesofindia.indiatimes.com/city/mumbai/Consolidation-of-Bombay-Dyeings-lands-wins-HC-nod/articleshow/26121105.cms

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