At site, is a ground plus 9 upper floors incomplete structure. In April the judges set a broad timeline for the society/new developer Vardhaman Group Realbuild LLP to apply and for Mhada to issue NOC and BMC to sanction the plan and issue commencement certificate.
The judges sounded a word of caution since the redevelopment of the building has been stalled since a decade as the earlier developer became insolvent.
The Bombay High Court recently initiated a suo-motu (on its own) petition to develop a mechanism for situations where developers stop re-development midway, leaving tenants without home or transit rent for decades.