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BMC may end up paying Rs200 crore for acquiring Vikhroli plot

The Brihanmumbai Municipal Corporation (BMC) may end up paying Rs 200 crore to a private company to acquire a disputed plot at Vikhroli. A case on the ownership of the plot is pending at the high court between the state government and Godrej. The BMC may lose the plot, if it does not acquire it by August 14.

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The Brihanmumbai Municipal Corporation (BMC) may end up paying Rs 200 crore to a private company to acquire a disputed plot at Vikhroli. A case on the ownership of the plot is pending at the high court between the state government and Godrej. The BMC may lose the plot, if it does not acquire it by August 14.

The proposal on this will be tabled before the civic improvements committee for approval on Thursday.

According to civic officials, the plot measuring 12,661 sq mt at Vikhroli is partly in the residential zone, while 23 metres of it is occupied by a road. M/s Godrej and Boyce Manufacturing Co, the owners of the plot, had issued a purchase notice to the BMC last year asking them to purchase it.

"The market rate of the plot is Rs 76.85 crore. There are some galas along the road, which will have to be compensated or rehabilitated. The cost of acquiring it will be Rs 200 crore," a civic official said.

If the verdict at the court is in favour of the state, BMC can get the plot for free.

According to the Maharashtra Regional Town Planing (MRTP) act, the plot reserved for public amenities should be acquired by the local government for development as per the reservation mentioned in development plan (DP) within 10 years. The owner can serve a notice to the BMC under section 126 of MRTP and ask the civic body to purchase the plot. If the corporation would not purchase the plot, the reservation would lapse under section 127 of the act.

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