BMC to get share in revenue from plot sales | mumbai | Hindustan Times
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BMC to get share in revenue from plot sales

mumbai Updated: Jul 22, 2010 01:08 IST

The Mumbai Metropolitan Region Development Authority (MMRDA) may have to share the revenue that it gets from sale of developed plots with the Brihanmumbai Municipal Corporation or face hurdles in the project.

The BMC is always looking at new sources of revenue and this can be one of the major ones, if the proposal gets through.BMC standing committee chairman Rahul Shewale will raise a query at the committee meeting on Thursday, seeking this demand. The MMRDA has been developing plots and selling them at commercial rates at places such as Bandra-Kurla Complex and Wadala.

Amenities such as water supply, sewage disposal and other such services are provided by the BMC for this the civic body will be seeking its share. The BMC had also earlier demanded a cut in the revenue from commercial exploitation of Metro stations and threatened to stall proposals, including permission for commercial use of 1.25 lakh sq mts at stations on the Versova-Ghatkopar Metro route.