The Defence Ministry has objected to a Godrej Properties‘ residential venture in Mumbai and demanded that work be suspended on the project, which has an estimated revenue potential of Rs 7,000 crore. The ministry has said the project is too close to the Kandivali complex of the Central Ordnance Depot (COD).
The Godrej Reserve project is being built on an 18.6-acre land parcel. The developer has already launched about 1.91 million sq ft and had got bookings for 1.51 million sq ft worth Rs 2,693 crore, according to the company’s FY24 regulatory filing.
Seeking a ‘stop-work notice’ against the project, the Defence Ministry unit has told the building proposal department of the Municipal Corporation of Greater Mumbai (MCGM) in a note that the plot is located within 500 metres of the Kandivali complex.
“As a responsible developer, all our projects commence post grant of appropriate and necessary approvals from concerned authorities. In this case too, all requisite approvals from concerned authorities and RERA (Real Estate Regulatory Authority) are intact,” said a Godrej Properties spokesperson. “We have not received communication from any concerned authority citing any non-compliance on our part.”
The COD cited the Union government’s May 2011 guidelines specifying that construction activity is not permitted within 100 metres of any defence establishment. Further, the construction of up to a maximum of four storeys is allowed within 100-500 metres of the periphery after securing a no-objection certificate (NOC) from the Defence Ministry.
