It’s a gift from the sea and is estimated to be worth Rs 2,000 crore.In a windfall for the Maharashtra government, 66,862 sq.ft of reclamation ground along Nepean sea road is being developed into a plot, which will now find place in government property card and handed over to the state revenue department.According to a revenue department notification, the state public works department (PWD) will carry out the measurement of the newly-created foreshore area, earmark its borders and subsequently fence it.”The PWD will have to protect this plot. However, it will be brought under the revenue department. Government will make a new property card for this newly-created foreshore land,” stated the notification. To the east of the plot is Nepean sea road and to the south Priyadarshini Park. Western side is coastal line. The plot starts where the high-tide line ends.Senior government officials said that if the plot remains with the PWD, then for developing the plot it is mandatory to take the approval of the Brihanmumbai Municipal Corporation (BMC).”If it is under the revenue department, then there is no need to approach the Shiv Sena-ruled BMC for the permission. The revenue department is likely to hand over the ownership of this plot to the Mumbai Metropolitan Region Development Authority (MMRDA) or the Maharashtra State Road Development Corporation (MSRDC), which are independent bodies under the state government. The plan is to construct a sea-facing five-star hotel. However, talks are in a rudimentary stage only,” a senior official said requesting anonymity.He said the decision to hand over the ownership to primary revenue department has been taken to avoid any controversy in future. “The land is a gold mine and sea-facing plots are double lucrative. If the BMC gets its authority, then Shiv Sena will prove to be a headache,” said the official adding that the property card will bear the name of Maharashtra government.The government has also issued the terms and conditions with regards this plot. “Without the prior permission of the revenue department, it cannot be sold, donated, transferred, rented out, or used for industrial, commercial purposes. No third party ownership will be created. It cannot be subdivided also. The plot falls under the coastal regulations zone (CRZ) norms and hence for developing this plot clearance from the Union ministry of environment and forest (MoEF) is required,” says the notification.Interestingly, as per the new development plan of Mumbai city, this plot has been demarcated under residential category. “If it is being developed for residential purpose then the corporation permission will be required,” says the notification.Meanwhile, Pankaj Kapoor, MD, Liases and Foras, a real estate research firm, said the government should sell the plot and use the money for construction of a trans-harbour sea link.<!– /11440465/Dna_Article_Middle_300x250_BTF –>

Original article: 

Maharashtra government mulls 5-star hotel on Rs 2,000-crore new landfill