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RIL owes over Rs 1,900 crores in surcharge dues to MMRDA: Maharashtra CM

[ecis2016.org] Reliance Industries, as well as a few other companies, together owe more than Rs 2,100 crores as additional surcharge to the Mumbai Metropolitan Region Development Authority, chief minister Devendra Fadnavis has informed

Reliance Industries Ltd (RIL) owes ‘additional surcharge’ of more than Rs 1,900 crores to state-run agency MMRDA, for delay in development of plots in Mumbai, the Maharashtra assembly was informed, on December 12, 2017. Chief minister Devendra Fadnavis gave this information, while responding to a query by MLA Sharad Sonawane during the question hour of the winter session, which is held in Nagpur.

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The MLA from Junnar in Pune district, had sought to know the names of the companies, which have not paid surcharge for delay in plot development to the MMRDA (Mumbai Metropolitan Region Development Authority). In a written reply in the lower house, Fadnavis said: “Construction in the G-block of Bandra-Kurla Complex owned by MMRDA, was not completed by some firms within the (stipulated) four-year period. Hence, additional surcharge for such a delay has not been paid yet by some companies, including RIL. The dues include Rs 441.08 crores for plot number C-66 and Rs 1,538.73 crores for plot number C-64, from RIL alone,” said Fadnavis, who is also the chairman of the authority.

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RIL is constructing a convention-cum-exhibition centre in Bandra-Kurla Complex, an upscale business district in Mumbai’s suburbs. There was no immediate comment from RIL on the issue.

Fadnavis said the other companies which have ‘not yet paid their dues are the Indian Newspaper Society (Rs 56.02 crores for plot number C-63), Jamunaben Foundation (Rs 24.09 crores for plot numbers SF 7 and 9B), Talim Research Foundation (Rs 33.39 crores for plot number SF 6) and Naman Hotel (Rs 31.68 crores for plot numbers C-57 and 58)’. These companies have not paid the surcharge for the last many years, he said. The outstanding figures were issued by MMRDA under RTI queries.

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle

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