Tag: Thane

Latest StoriesResidential

Maharashtra Deputy CM Suggests Policy for Redevelopment Safety

THANE: The state housing department is developing a new policy aimed at preventing redevelopment projects from halting midway and ensuring residents are not displaced without compensation. Deputy Chief Minister Eknath Shinde announced on Saturday that developers will be required to deposit three years’ rent before commencing any redevelopment work. Shinde stated, “Some builders initiate redevelopment projects, displace residents from their flats, and either fail to pay rent or delay construction. Occasionally, they even trade rights with other developers, resulting in stalled projects and inconvenience for residents.” He continued, “To counter this, we are implementing a policy requiring builders to deposit…

Latest StoriesRegulatory

Whistleblower Targets Gov’t Dept & Civic Body in HC Contempt Action

THANE: Architect Sandeep Patil, who previously exposed a significant fraud involving MahaRera certificates in Dombivli, has returned to court. Last November, his efforts led the Bombay High Court to order the demolition of 65 illegally constructed buildings that were built using forged permissions. Patil has now filed a petition for contempt proceedings against the Kalyan-Dombivli Municipal Corporation (KDMC) and the state urban development department (UDD), claiming they have willfully ignored the court’s directives. The court had mandated that the government integrate the building permission systems of all 554 local bodies in Maharashtra with the MahaRera website to prevent similar frauds.…

Latest StoriesRegulatory

Thane Bribery Case: Third Accused Surrenders to ACB

THANE: An individual involved in the Thane Municipal Corporation bribery case surrendered to the Maharashtra Anti Corruption Bureau on Friday. Following this, a local court has placed him in police custody until October 6, according to an official. The accused has been identified as Sushant Surve. During a raid at the civic headquarters on October 1, Deputy Municipal Commissioner Shankar Patole and a private individual named Omkar Gaikar were arrested by the Anti-Corruption Bureau (ACB). A real estate developer, Abhijit Kadam, who has development rights for a plot in Vishnu Nagar, Naupada, reported to the Mumbai ACB that Patole allegedly…

Latest StoriesRegulatory

Thane Deputy Commissioner and Aide Arrested for Bribery

THANE: Shankar Patole, the deputy commissioner of the Thane Municipal Corporation (TMC), along with local resident Omkar Gaikar, were arrested by the Mumbai Anti-Corruption Bureau (ACB) late Wednesday for allegedly accepting a bribe from a developer. The Thane court has remanded them to police custody until October 4. Patole, who heads the TMC’s anti-encroachment unit, was reportedly caught in his office just hours after the civic body celebrated its 43rd foundation day. The ACB took action based on a complaint from a Mumbai-based real estate developer, accusing Patole of demanding a bribe to facilitate the clearance of illegal encroachments on…

InfrastructureLatest Stories

Thane Demolishes 198 of 264 Illegal Structures in Action

THANE: Since June, the Thane Municipal Corporation has demolished 198 unauthorized constructions as part of an ongoing crackdown, an official reported on Sunday. Additionally, unauthorized extensions in 66 other properties have been removed. Following orders from the High Court and inspections by beat inspectors and Special Vigilance Teams in Diva and Mumbra, the Anti-Encroachment Team has addressed a total of 264 unauthorized constructions to date, according to a TMC release. Municipal Commissioner Saurabh Rao reviewed campaign progress on Saturday. “All systems must remain vigilant to prevent unauthorized construction. Cases should be promptly registered under MRTP upon completing the legal procedures.…

CommercialLatest Stories

Capgemini sells Thane campus to Panchshil for ₹550 crore

Capgemini Technology Services India, a subsidiary of the French IT and consulting firm Capgemini, has sold its land and buildings in Thane’s Dighe area to Prime Lohegaon Infraspaces LLP for ₹550 crore. This transaction encompasses four land parcels totaling 15.38 acres within the Thane Creek Industrial Area, including five buildings that comprise part of the Capgemini Knowledge Park campus. This sale is one of the most significant outright transactions seen in the Thane submarket in recent years. Prime Lohegaon has paid a stamp duty of ₹27.5 crore for the deal, which was registered on September 17, according to documents from…

InfrastructureLatest Stories

Trial Run for Metro Lines 4 and 4A in Thane: Faster Travel Ahead

THANE: On Monday, the trial run for Phase I of Metro Lines 4 and 4A took place in Thane, Maharashtra. Chief Minister Devendra Fadnavis highlighted that this project will significantly decrease travel times across the Mumbai Metropolitan Region. Fadnavis, accompanied by Deputy Chief Minister Eknath Shinde and state Transport Minister Pratap Sarnaik, rode the Metro along a 4-km stretch from Gaimukh junction to Vijay Garden. In a statement to reporters, Fadnavis noted, “We aim to complete this Metro route by the end of next year. While some work may extend into the subsequent year, this will ultimately constitute the largest…

IndustryLatest Stories

Deputy CM Calls for Action on 65 Illegal Kalyan-Dombivali Builds

THANE: Maharashtra’s Deputy Chief Minister, Eknath Shinde, has initiated a rigorous investigation and legal measures against those responsible for constructing 65 unauthorized buildings in the Kalyan-Dombivli area of Thane district, officials announced on Friday. These buildings have been declared unauthorized by the High Court, leaving residents facing eviction after being misled by builders who sold them properties without legal sanction. “Deputy Chief Minister Eknath Shinde has instructed an investigation into the developers who deceived residents of these 65 unauthorized buildings in Kalyan-Dombivli. He has directed the municipal commissioner to lodge a complaint with the Economic Crime Investigation Branch,” the statement…

CommercialLatest Stories

BNP Paribas India Leases 1.45 Lakh Sq Ft in Thane

Representative Image BNP Paribas India Solutions, the technology and operations division of the global banking group, has secured a long-term lease for a commercial office spanning 145,000 sq ft in Thane. This represents one of the largest office deals in the outskirts of India’s commercial hub. The leased office occupies the 11th and 12th floors of the Centaurus commercial tower, developed by Roma Builders, a subsidiary of the House of Hiranandani. The monthly rent for this space will be Rs 94.95 lakh, with a 4.75% annual rental escalation and a security deposit of Rs 8.50 crore. The lease starts on…

Latest StoriesRegulatory

Builder Arrested in Thane for Selling Flats with Fake Permits

THANE: Authorities have detained the director of a real estate firm for allegedly scamming buyers out of several crores by selling apartments built with fake permits in Maharashtra’s Thane district, officials reported on Monday. Umrao Singh Prithviraj Ostwal, the director of Ostwal Builders Pvt Ltd, is charged with creating counterfeit construction permits and plans, which he presented as authentic documents, according to a release from the Mira Bhayander-Vasai Virar police. Using these falsified approvals, he is said to have constructed extra units beyond the authorized limits in the Ostwal Paradise Building No. 6 in the Mira Bhayander area, selling them…