March 2022 \ Business & Investment \ REAL ESTATE
‘Will demolish tower like Supertech’

The Supreme Court in February warned a Mumbai-based real estate developer that its project will meet the same fate as Noida-based Supertech’s twin towers, if residents of the housing society are deprived of parking space.

It further added that the Municipal Corporation of Greater Mumbai will consider the proposal in accordance with the Development Control Rules, as applicable, and take a decision thereon within a period of one month. “The appellant shall, upon the sanctioning of the proposal, take necessary steps for compliance so as to assuage the grievance of the cooperative societies in regard to the absence of car parking spaces,” the bench said.

“In addition to the submission of the proposal for 227 car parking spaces in terms of (i) above (first direction), the appellant shall submit, within a period of two weeks, an additional proposal for sanctioning of 124 car parking spaces (thus, making a total of 351 car parking spaces).” The bench clarified that the additional proposal shall be at the cost and expense of the developer by purchasing such FSI as may be permissible in law.

“The proposal shall be evaluated by the Municipal Corporation of Greater Mumbai in terms of the applicable Development Control Rules and a final decision shall be taken thereon which shall be placed on the record of these proceedings,” it added. The top court scheduled the matter for further hearing on March 31, and asked the Municipal Corporation of Greater Mumbai to file an affidavit, indicating the decision which has been taken on the proposals in accordance with law. It has been alleged that the developer had built an illegal structure on the space meant for car parking, for which it had obtained environmental clearances. The real estate developer had moved the top court challenging an order passed by the National Green Tribunal. Senior advocate A.N.S. Nadkarni, appeared on behalf of the Municipal Corporation of Greater Mumbai, while senior advocate Huzefa Ahmadi appeared on behalf of the developer.

Tags: Real Estate

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