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In A Case Involving Housing Fraud In Navi Mumbai, The Bombay High Court Grants Bail To The Builder

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Builder Gopal Amarlal Thakur of the Monarch Universal Group, who was detained by the Directorate of Enforcement (ED) in relation to a housing fraud case in Navi Mumbai, has been granted bail by the Bombay High Court.

Because of Thakur’s “long incarceration with remote possibility of the trial being completed within a reasonable period of time,” Justice Manish Pitale granted Thakur bail. After being taken into custody on July 1, 2021, Thakur was detained for three years, one month, and seven days before being released on bail on August 8.

Rajiv Chavan, Thakur’s lawyer, stated that his client is accused of predicate offenses and has been granted bail in each of those instances. It would take a long time for the trial to end in the ED case because charges have not yet been filed and the record indicates that the prosecution plans to question 67 witnesses.

If Thakur is found guilty, the maximum sentence that might be given is seven years in jail. Thus, according to Chavan, he has served almost half of the maximum sentence in jail.

Sandesh Patil, the Special Public Prosecutor, objected to the bail request, arguing that it would not be appropriate to overlook the predicament of those who have reserved apartments in the projects that the applicant and the other defendants are associated with.

Patil said that after a settlement, the FIR for one of the predicate crimes was dismissed; nonetheless, Thakur and the other defendants disregarded the terms of their assent. Thus, the offense is committed again. Accordingly, Patil continued, the applicant’s behavior should be taken into account.

The court pointed out that a defendant may only get a maximum term of seven years under the Prevention of Money Laundering Act. Judge Pitale granted Thakur bail after he provided a personal bond of Rs 50,000, stating, “These facts clearly demonstrate that Thakur having undergone incarceration for a period of three years, one month and seven days is entitled to be released purely on the ground of long incarceration with remote possibility of the trial being completed within a reasonable period of time.”

The Enforcement Department (ED) claims that Thakur skimmed off and transferred large sums of money obtained from investors to its several sibling organizations. Significant Proceeds of Crime (PoC) were parked with many Navi Mumbai builders, including Baba Homes Builders and Developers, Lakhani Builders Private Limited, Monarch Solitaire LLP, and others, through a convoluted web of money trails. A probe found that the directors of Monarch Group had marketed the identical apartments to many purchasers. Without the consumers’ knowledge, they mortgaged the apartments that had previously been sold to get loans from the NBFC.

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Three Detained For Kidnapping The Son Of A Contractor Owing To Unpaid Debt

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The 28-year-old son of a Govandi contractor, who was allegedly kidnapped by three men last week over unpaid invoices for a building painting contract, was saved by Nerul police in less than a day. They detained the suspected kidnappers as well. Senior Nerul police inspector Brahmanand Naikwadi stated that in response to a complaint made by the contractor Saeed Shaikh (47), he obtained a contract to paint structures in Ulwe and Juinagar and awarded Chand Shaikh a subcontract.

Chand received a portion of Saeed’s payment for the work. A disagreement started when Saeed refuted Chand’s allegation that he owed him Rs 1.5 lakh, claiming that just Rs 32,000 remained unpaid. According to the police, Saeed indicated his hesitation to make the cash despite Chand’s continuous demands. On September 11, as Chand was overseeing the building site in Juinagar, he and his two assistants, Israil Shaikh (27), and Kausar Ali Haq (26), kidnapped Chand’s son, Shoaib. According to Naikwadi, Chand then got in touch with Saeed and asked for Rs 1.5 lakh as ransom to free Shoaib. Saeed went straight to the cops.

“A police squad was then established to find the alleged abductors. Using CCTV footage, we were able to identify the autorickshaw that the accused was using to take Shoaib away. Shoaib was freed within 24 hours after the kidnappers were located in Kandivali’s Lalaji Pada region thanks to technical know-how, according to the senior inspector.

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Kharghar-Belapur Coastal Road Project: CIDCO Is Seeking Tenders

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The City and Industrial Development Corporation (CIDCO) has initiated the design and construction of the Kharghar Coastal Road (KCR), a key project aimed at improving connectivity to the upcoming Navi Mumbai International Airport (NMIA). Spanning 9.679 kilometres, the road will link Jalmarg Sector 16 in Kharghar to Belapur, with 2.986 kilometres utilizing existing infrastructure. The project, expected to be completed within 30 months, received Coastal Regulation Zone (CRZ) clearance from the Ministry of Environment, Forest and Climate Change (MoEF&CC) in August.

The new road will feature stilt construction and ground-level reclamation, significantly enhancing connectivity in Navi Mumbai. It will connect Kharghar station to Belapur, running parallel to NMIA, with links to the PMAY Housing Scheme and Delhi Public School (DPS) in Nerul. According to reports, the first 90 days will focus on design and approvals, with the remaining 823 days dedicated to construction.

A CIDCO official noted that the KCR will improve access to NMIA, the Nerul Water Terminal, Kharghar, and the International Corporate Park, reducing traffic on the Sion-Panvel Highway. The route will pass through Belapur and cross Amra Marg, connecting to an elevated road near the Nerul Water Transport Terminal and Palm Beach Marg.

In addition, construction has started on the 5.8-kilometre Ulwe Coastal Road, which will connect NMIA to Atal Setu, providing a direct route for vehicles from Mumbai. These projects are set to significantly enhance airport access and improve travel efficiency in the region.

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Celebrate 31 years of Ganeshotsav with Shivtej Mitra Mandal!

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Known as “Navi Mumbaicha Kaiwari,” Shivtej Mitra Mandal Sanpada was founded in 1994 and is commemorating 31 years of supporting cultural and social welfare initiatives during Ganeshotsav. It was the first Ganeshotsav Mandal in the Sanpada division and has always taken the initiative to plan meaningful social projects.

Over the years, the mandal has been renowned for its community service, including events like honoring senior citizens, tree planting drives, blood donation camps, health camps, and cultural programs for women. This year, their Ganesh idol stands an impressive 15 feet tall, symbolizing devotion and grandeur.

In addition to these cultural and social activities, Shivtej Mitra Mandal places a strong emphasis on environmental conservation. Devotees and chief guests are welcomed with saplings, highlighting the importance of protecting the environment. Social activist Nilesh Kachare has taken this initiative further by distributing “Tree plant and Beej Modak (Seed Modak),” promoting environmental awareness among visitors.

The Mandal has received numerous accolades, including third prize in the “Ganpati Majha Utsavatla Raja” competition in 2018, as well as several nominations in NMMC Mayor Shree Ganesh Darshan and Loksatta’s Ganesh Utsav Murti reader’s choice awards.

Founded by Anil Shilkar, and currently led by President Sagar Gadge, Vice President Mangesh Kadam, Secretary Vishal Kadam, Treasurer Nilesh Kachare, and joint-treasurer Pratik Bhosale, Shivtej Mitra Mandal continues to uphold its values of social responsibility, cultural celebration, and environmental conservation.

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