Industry

BMC begins survey of Lower Parel land five months after SC rejects Century Textiles claim

MUMBAI: Five months after the Supreme Court ruled in favour of the BMC — rejecting Century Textiles and Industries Ltd’s petition to claim ownership — a team from the civic body’s G-South ward began a table survey of the six-acre land parcel in Lower Parel. A table survey, akin to a police panchnama, is conducted to record the current ground reality of any plot, capturing details such as the number of structures, encroachments, obstructions, and even tree cover, a civic official explained. “This entire process should take our staff over a month,” said the official. According to earlier BMC records,…

Latest StoriesRecent Stories

Tata Digital leases 59,000 sq ft office space in Mumbai’s Lower Parel

Representative Image Tata Group’s digital business entity Tata Digital has leased nearly 59,000 sq ft office across three floors of a commercial tower in Mumbai’s Lower Parel for a five-year term. The company will be paying monthly rentals of Rs 1.05 crore and common area maintenance (CAM) charges of Rs 12.32 lakh, translating to a blended outgo of around Rs 1.18 crore per month. The agreement includes a clause to escalate rentals by 5% every year. Tata Digital is entitled to a rent-free period from February 1 to July 15, 2025, with the license fee becoming payable from July 16,…