Q:Mumbai-based real estate developer DB Realty said on Wednesday that three of its projects in prime locations of Mahalaxmi, Marine Lines and Bandra (West) in Mumbai, which were stuck for lack of clearances from state government departments, are expected to get approvals soon.
Latest Answer: As a reply DB told that it has submitted its plan for approval to MCGM and expects to get the approval for the project between January and March 2015. In another project to be developed in the prime suburb of Bandra, the high court has directed the MCZMA to issue clearance to the effect that the property falls outside the CRZ (coastal regulatory zone) purview and further directed MCGM to consider the application for development of the property in accordance with law.
