Friday, September 24, 2021
HomeCity NewsMukesh Ambani owes Rs 1577 crores as unpaid premium to MMRDA

Mukesh Ambani owes Rs 1577 crores as unpaid premium to MMRDA

Anil galgali

RTI activist Anil Galgali had sought information about the outstanding amounts due from all categories of lease holders to MMRDA. MMRDA administration provided Galgali with the list containing information about the private, government and the public sector lease holders. This list also mentions the name of Mukesh Ambani owned Reliance Industries Ltd. In the private sector category19 cases existed, in which the lease holders were given extended time to start the construction of the project. These extensions resulted in accrual of total Rs 2055, 67, 92, 876 as premium for the MMRDA.

Out of the outstanding due, MMRDA has received Rs 426,98, 44, 941. The agency is yet to recover Rs 1628, 69, 47, 935. Out of the pending outstandings Reliance alone owes Rs 1576, 90,72 , 840. The outstanding amount pertains to BKC situated plots G/C -64 Rs 1187, 59, l54, 968) & G/C – 66 ( Rs 389 crores 31, 17, 872). The development of the plot no G/C – 66 has been completed, whereas the development of plot no G/C – 64 is yet to be completed. The Reliance Industries Ltd has paid Rs 4, 94, 621 as premium against plot no G/RG -1A.

In a letter sent to Chief Minister Devendra Fadnavis and the MMRDA Commissioner UPS Madan, Anil Galgali has demanded that the amount should be recovered within 30 days with interest. If the amount is not recoverable then, it should immediately take the possession of the plot and once again re-allot it to the highest bidder, which will bring revenue to the MMRDA and will enable it to initiate public development activities.


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