BMC issues stop-work notices to 18 builders for not paying charges of Rs 357 crore

Updated: Nov 24, 2017, 10:04 IST | A Correspondent

The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notices to developers of 18 construction projects coming up on its plots

The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notices to developers of 18 construction projects coming up on its plots. Several developers have defaulted in paying premium charges of over Rs 357 crore and have also failed to complete the projects within the promised period, thus inviting trouble. "We even simplified the process with certain policy changes in 2012, and yet, there has been a delay in payments," said an official.


Representational Image

It is mandatory for developers to pay the premium charges, as the development is taking place on municipal plots. All the 18 redevelopment projects are in the island city. The developers will be given time to reply to the delay, and if BMC considers their side, the deadline to complete the project will be extended. But according to procedural action, if there is no reply or if the developer's side is non-considerable, BMC has powers to cancel their contracts and appoint new ones to redevelop the societies.


Also view - Caught in the act! From chickens to dogs, these ruthless men raped animals
Caught in the act! From chickens to dogs, these ruthless men raped animals

Mumbai: Local train derails at Kurla station, no casualties reported

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK