In the 90s, when the mill redevelopment began, the lands were divided into three parts - two of which went to the Brihanmumbai Municipal Corporation (BMC) for development of garden and to the Maharashtra Housing and Area Development Authority (MHADA) for constructing a residential building meant for mill workers.
The remaining part was sold to a private developer.
The fine slapped pertains to the plot handed over to the MHADA.
"The government land they (NTC) had given to MHADA was a leased one (New Kaiser Mills plot, admeasuring over 30,000 sq m). But it handed over the land to MHADA after the lease expired. It was a government land. So, it means that they handed over the government land to the government itself," Jondhale said.
"They have not paid the lease rent and redevelopment charges. They should have sought redevelopment permission from the Maharashtra government," he added.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.