Developer Booked Over Mulund SRA Project Irregularities
FIR filed against Vijay Panchal, Director of M/s Yashraj Corporation. Alleged irregularities in Mulund SRA redevelopment project.

A First Information Report (FIR) has been registered against Vijay Panchal, Director of M/s Yashraj Corporation, and others by the Navghar Police over alleged irregularities in the redevelopment of Shivchandra SRA Co-operative Housing Society at Gavanpada, Mulund (East).
The FIR alleges that the developer allotted flats and allowed occupants to reside in the rehabilitation and sale buildings without obtaining the mandatory Occupancy Certificate (OC), lift completion certificate, and other statutory approvals.
The developer also allegedly failed to hand over nine Project Affected Persons (PAP) tenements to the Slum Rehabilitation Authority (SRA), as required under the scheme.
The complaint was lodged by Sachin Narayan Gaikwad, Deputy Engineer with the SRA's Engineering Department. The project, spread over a 728.28 sq m plot, comprises a rehabilitation building, Wing A, and a sale building, Wing B, both of which have been completed.
The scheme was designed by architect Sachin Gaikwad of M/s Design Crest, while M/s Yashraj Corporation was the developer.
The SRA found residents occupying the buildings without an OC and issued notices on April 1 and May 4, respectively, after the developer allegedly failed to hand over the nine PAP tenements.
The notices were acknowledged by the developer. The accused have also been booked for criminal breach of trust and cheating the SRA and eligible slum dwellers by allegedly withholding and unauthorisedly allotting the PAP flats.
The redevelopment of Shivchandra SRA Co-operative Housing Society is part of the Slum Rehabilitation Authority's efforts to provide housing to slum dwellers in Mumbai.
The SRA scheme aims to provide free housing to slum dwellers, while also generating revenue for the state government through the sale of additional flats.
However, the scheme has been plagued by delays, corruption, and irregularities, with many developers failing to complete projects on time or hand over flats to eligible slum dwellers.
The registration of the FIR against M/s Yashraj Corporation is a significant step towards ensuring accountability and transparency in the SRA scheme.
It is expected to send a strong message to developers who fail to comply with the rules and regulations of the scheme.
The case is likely to have significant implications for the SRA scheme and the redevelopment of slum areas in Mumbai.
The Mumbai authorities will be closely watching the case to ensure that justice is served and that the rights of slum dwellers are protected.
In conclusion, the registration of the FIR against M/s Yashraj Corporation is an important development in the efforts to ensure transparency and accountability in the SRA scheme.
It highlights the need for strict enforcement of rules and regulations to prevent irregularities and corruption in the scheme.
The case is a reminder that the redevelopment of slum areas is a complex and challenging task that requires careful planning, execution, and monitoring to ensure that the rights of slum dwellers are protected and that the scheme is implemented in a fair and transparent manner.
Frequently asked questions
What is the Shivchandra SRA Co-operative Housing Society project about?
The project is part of the Slum Rehabilitation Authority's efforts to provide housing to slum dwellers in Mumbai.
What are the allegations against M/s Yashraj Corporation?
The developer allegedly allotted flats without obtaining the mandatory Occupancy Certificate and failed to hand over nine Project Affected Persons tenements to the SRA.