HC Slams MIDC for Stalling Projects, Orders Handover of Plots to Two Firms
Hindustan Times Mumbai|January 02, 2025
The Bombay high court has directed the Maharashtra Industrial Development Corporation (MIDC) to execute the requisite lease agreement in respect of land parcels allotted to M/s Bikaner Sweets & Namkin NX-2 and Siddhilaxmi Enclave Pvt Ltd, and to hand over the plots to the firms.
Karuna Nidhi

MUMBAI: The court condemned MIDC’s action of withholding the plots as arbitrary and influenced by political interference.

By an allotment order issued on October 1 and October 7, 2021, respectively, the MIDC had allotted land to the two firms for development of hotels at the Trans Thane Creek (TTC) industrial area in Mahape in Navi Mumbai. However, despite receiving full payment, the MIDC inexplicably refrained from executing the requisite agreements and granting possession of the land.

This story is from the January 02, 2025 edition of Hindustan Times Mumbai.

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This story is from the January 02, 2025 edition of Hindustan Times Mumbai.

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