logo
Forest dept, BMC visit SRK's home over complaints of CRZ violations

Forest dept, BMC visit SRK's home over complaints of CRZ violations

Time of India10 hours ago

1
2
Mumbai: A joint team of forest department and BMC officials inspected actor
Shah Rukh Khan
's bungalow, Mannat, at Bandra Bandstand, Friday following a complaint of coastal regulation zone violations during renovation of the property, reports Sanjeev Devasia.
The property comprises Mannat, a heritage structure, and an annex structure, a multi-storey building. As Khan and his family have shifted to a nearby place due to the renovation, the officials were met by his staff who told them they would submit all documents concerning the permissions obtained.
When contacted, Pooja Dadlani, Khan's manager, said "There are no complaints. All work is going on as per guidelines."
The property is undergoing renovation and clearances were earlier sought from the Maharashtra Coastal Zone Management Authority (MCZMA) for it. The renovation included adding two additional floors to the annexe structure.
A forest department official said, "A team did carry out a site inspection as we received a complaint about renovation permissions. A report will be prepared based on the findings and submitted soon."
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch CFD với công nghệ và tốc độ tốt hơn
IC Markets
Đăng ký
Undo
An official, who was part of the team, said the staff present at the site told them that they would submit all documents concerning the permissions obtained.
The BMC's H-West ward building and factory department and the building proposal department officials were asked to accompany the forest team for carrying out the inspection. "Our officials were accompanying the team, based on a request by the forest department.
We had no other role," said a BMC official.
Activist Santosh Daundkar had earlier lodged a complaint with the BMC regarding the construction at Mannat.
Former IPS officer and lawyer Y P Singh on Friday alleged the layout of 'Mannat' comprised one main heritage building called Villa Vienna as per the heritage regulations.
"The name of this building was changed to Mannat later. In 2005, an extension building of seven floors was made behind the heritage bungalow and since at that time Urban Land Ceiling Act was in force, a large apartment could not have been made.
To overcome this legal hurdle, approval for 12 small independent flats was taken from the BMC by the owners namely Shah Rukh Khan and Gauri Khan. However, once the approval was obtained all these 12 small flats, which were essentially meant for mass housing under the Urban Land Ceiling Act, were merged and a super luxury accommodation of a single family was constructed," said Singh.
"Without the help and connivance of the municipal officers this would never have happened. Even though the Urban Land Ceiling Act is no longer in force, actions taken during the time when the Act was in force have been saved. Therefore, it is legally compulsory for the owners of Mannat to restore those 12 independent small flats immediately so that the objective of mass housing could be accomplished and the eminent principles of rule of law are upheld," he added.
Pics: Sanjay Hadkar

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trader's community welcomes Amarnath pilgrims wholeheartedly: Kashmir business body
Trader's community welcomes Amarnath pilgrims wholeheartedly: Kashmir business body

The Hindu

time43 minutes ago

  • The Hindu

Trader's community welcomes Amarnath pilgrims wholeheartedly: Kashmir business body

The Kashmir Traders and Manufacturers Federation (KTMF), an apex body representing the Valley's business community, on Friday (June 20, 2025) extended its full support pilgrims who intend to attend the Amarnath yatra this year. 'There is some sense of insecurity because of the Pahalgam incident. However, we assure that people of Kashmir will welcome all with warmth and a dee p sense of brotherhood. We all stand by you (pilgrims). We will keep the values of interfaith brotherhood intact,' KTMF chairman Mohammad Yaseen Khan said, while speaking to the media in Srinagar. The Amarnath yatra will start from July 3 this year. It comes in the backdrop of a major terror attack in Pahalgam that left 26 civilians dead and saw India and Pakistan in a four-day military confrontation. Mr. Khan said it's important to recognize that the holy cave and route of the Yatra were discovered centuries ago and the people of Kashmir have served as its natural custodians and caretakers for generations. 'From guiding pilgrims through the mountainous terrain to offering food, shelter and support Kashmiris have always stood as protectors of this sacred journey reflecting a time-honoured spirit of communal harmony. The Amarnath Yatra is not merely a religious event but it is a reflection of our centuries old tradition of hospitality, inclusiveness and communal harmony,' Mr. Khan said. The entire Kashmiri business community welcome the Yatra and are committed to doing everything possible to ensure its smooth, peaceful and successful completion, he added. 'We at KTMF firmly believe that the Yatra is not only a religious obligation for many but also a bridge between communities and an opportunity to showcase the true spirit of the Kashmiri people. It is our earnest appeal to all yatris to come without fear or hesitation and to see Kashmir for what it truly is a land of warmth, hospitality, culture and resilience,' Mr. Khan said. He urged the administration that pilgrims should be allowed the freedom to interact with the local population. 'Security must not come at the cost of disconnecting the pilgrimage from its social and cultural surroundings. Pilgrims should be encouraged to walk through our markets talk to our shopkeepers, taste our food and experience Kashmiri hospitality firsthand. Such interactions will only build trust but reinforce the idea that Kashmir is open, welcoming and peaceful,' he said. He said these pilgrims should return as ambassadors of peace. Mr. Khan was flanked by senior members of the Federation, who include Manoj Kumar Tandon, Bashir Ahmad Rather, Fayaz Ahmad and Qazi Tauseef.

Sebi's June 2025 board meeting: A regulatory makeover with market empathy
Sebi's June 2025 board meeting: A regulatory makeover with market empathy

Time of India

timean hour ago

  • Time of India

Sebi's June 2025 board meeting: A regulatory makeover with market empathy

The Securities and Exchange Board of India (Sebi) in its last board meeting unveiled a sweeping set of regulatory reforms that reflect both market responsiveness and forward-looking policymaking. This meeting wasn't just a quarterly update — it was a full-body reset on many longstanding regulatory frameworks, aimed at easing compliance burdens, deepening market access , and aligning Indian capital markets with global standards. This meeting also marked a strategic recalibration of SEBI's regulatory posture. It demonstrated a commitment to reducing compliance friction while safeguarding core market integrity. In doing so, SEBI is responding to the evolving expectations of a maturing market, one that now hosts retail participation at scale, large institutional flows, digitised securities infrastructure, and increased cross-border alignment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Here's The Average Price of a 6-Hour Gutter Upgrade in Rowland Heights Read More Undo Simplification of Institutional Fund Raising Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ads By Google Ad will close in 29 Skip ad in 4 Skip Ad SEBI also gave its green light to a streamlined disclosure regime for Qualified Institutions Placements. The lengthy and often duplicative disclosure requirements will give way to concise, issue-specific and material risk disclosures, leveraging publicly available data. Companies will no longer need to reproduce financials already present in the public domain, making capital-raising quicker and more efficient. Startup Founders Rejoice When new-age tech companies decide to go public, they reach a point where they can no longer use the ESOP (Employee Stock Option Plan) benefits available to startup promoters. At the same time, the founders are usually classified as 'promoters' in the draft prospectus (DRHP) because of their combined shareholding. Once identified as promoters, and given the rules that apply to listed companies under SEBI's ESOP regulations, they are no longer allowed to receive ESOPs—regardless of whether the company is still considered a startup. This has been a long-standing problem, and many industry bodies, including FICCI, have given representation to the regulator to address this concern. Resultantly, SEBI in the floated consultation paper of March 2025 sought to clarify the treatment of Employee Stock Ownership Plans granted to founders. Live Events As per this recent progressive decision, the startup founders classified as promoters can now continue to hold and/or exercise share-based benefits, such as ESOPs, even after the company lists, provided these benefits were received at least one year prior to filing the DRHP. Freedom to Merchant Bankers After previously proposing that merchant bankers separate their non-regulated activities into a different legal entity, SEBI has eased its stand. Merchant bankers can now conduct regulated as well as certain non-regulated, fee-based financial services within the same entity — provided they comply with their respective financial sector regulators' guidelines and SEBI-prescribed conditions. This was in direct response to feedback from key industry bodies like FICCI, which warned of unnecessary cost and complexity. Welcome to Indian Markets In a move intended to enhance flexibility for companies considering reverse flipping and improve investor participation, SEBI approved amendments to its ICDR Regulations. Following a consultation paper of March 2025, SEBI relaxed the one-year minimum holding period requirement for equity shares arising from the conversion of fully paid-up compulsorily convertible securities acquired under approved schemes. Investors can now offer these shares in a public issue, harmonising these provisions with the existing minimum promoters' contribution requirements. Key Message: ' Ease of Doing Business is not a dilution — it is a deliberate design. But it must be paired with credible safeguards, professional discipline, and investor-first thinking .' With reforms addressing Alternative Investment Funds, Real Estate and Infrastructure Investment Trusts (REITs/InvITs), Merchant Bankers, Debenture Trustees, and more, SEBI is laying down a unified, consistent, and future-compatible regulatory foundation. That said, there is scope to do more. The regulator could further simplify the capital-market instruments — for example, by allowing a fast-track conversion process for Private InvITs to list as Public InvITs. Steps like these will make the Indian capital markets even more accessible, liquid, and investor-friendly.

Make yoga a lifestyle, it provides path of pure discipline, resilience, self-discovery: India Inc
Make yoga a lifestyle, it provides path of pure discipline, resilience, self-discovery: India Inc

Time of India

timean hour ago

  • Time of India

Make yoga a lifestyle, it provides path of pure discipline, resilience, self-discovery: India Inc

India Inc leaders on Saturday gave a clarion call to make yoga a part of lifestyle, asserting that the 'precious gift from India' provides path of pure discipline, resilience, and endless self-discovery. On the International Day of Yoga , they took part in yoga sessions held in different parts of the country. In a post on social media platform X, Apollo Hospitals Group Joint Managing Director Sangita Reddy said she has been practising yoga for decades and "I'm still uncovering new truths!". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo She further wrote, "The most profound? How deeply our breath is tied to our emotions. It's a game-changer: learn to control your breath, and you'll find you can navigate your emotional world. This path is pure discipline, resilience, and endless self-discovery. Happy Yoga Day!" Similarly, Jindal Steel and Power Chairman Naveen Jindal said, "Yoga is a precious gift from India - it is a discipline, a practice, and a way of life. Let's make yoga our lifestyle." Live Events Jindal, who is also a BJP Member of Parliament, said he did yoga in an event with yoga guru Ramdev, Haryana Governor Bandaru Dattatreya, Chief Minister Nayab Saini, Health Minister Arti Singh Rao and former minister Subhash Sudha along "with thousands of people on the sacred land of Brahmasarovar in the holy city of Kurukshetra and gave the message of spiritual peace and health". Indian Renewable Energy Development Agency Ltd (IREDA) Chairman & Managing Director, Pradip Kumar Das along with IREDA Director (Finance) Bijay Kumar Mohanty took part in the celebration of the 11th International Day of Yoga at Sunder Nursery here in the capital. Senior government officials, including Santosh Kumar Sarangi, Secretary, Ministry of New & Renewable Energy; Nidhi Khare, Secretary, Department of Consumer Affairs and Sanjeev Chopra, Secretary, Department of Food and Public Distribution also attended the event. Coal India arm Central Coalfields Ltd (CCL) said it organised large-scale celebrations across its operational areas, in line with this year's global theme: ' Yoga for One Earth, One Health ' and the national motto ' Yog Se Yogya'. Over 1,500 participants, including employees, villagers, and stakeholders, gathered for a collective yoga session at Piparwar area of Jharkhand, it said. Union Minister for Housing and Urban Affairs; and Minister of Power, Manohar Lal led a special yoga session at Jantar Mantar in which ministry officials also took part, promoting India's rich cultural heritage and underscoring the harmony between tradition and wellness. PTI

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store