TMC Corporators Protest ₹2,800-Crore TDR Deal

A major controversy has erupted in Thane over a ₹2,800-crore Transfer of Development Rights (TDR) deal between the Thane Municipal Corporation (TMC) and a private company, D Dahyabhai and Co Pvt Ltd. The issue revolves around a 50-year-old ownership land dispute between the forest department and the private company.

The TMC corporators have raised objections to the deal, citing concerns over the legitimacy of the transaction. They claim that the company does not have clear ownership of the land, which is a prerequisite for the TDR deal.

The land in question has been at the center of a dispute between the forest department and D Dahyabhai and Co Pvt Ltd for over five decades. The company has been claiming ownership of the land, while the forest department has been contesting it.

The TDR deal has been approved by the TMC, but the corporators are now demanding a review of the decision. They are alleging that the deal is not in the best interests of the city and its residents.

The controversy has sparked a heated debate in the TMC, with some corporators supporting the deal and others opposing it. The issue is likely to be discussed in the upcoming TMC meeting, where a final decision is expected to be taken.

The TDR deal is a significant one, with the private company set to gain ₹2,800 crore in development rights. However, the legitimacy of the deal is now under question, and it remains to be seen how the issue will be resolved.

The forest department has been maintaining that the land belongs to them, and they have been trying to resolve the issue through legal means. The private company, on the other hand, has been claiming that they have the necessary documents to prove their ownership.

The TMC has been facing criticism for its handling of the issue, with some alleging that the deal is a result of undue influence and favoritism. The corporators who are opposing the deal are demanding a thorough investigation into the matter and a review of the decision.

The controversy has also raised questions about the transparency and accountability of the TMC in its decision-making process. The issue is likely to have significant implications for the city and its residents, and it remains to be seen how it will be resolved.

In conclusion, the ₹2,800-crore TDR deal between the TMC and D Dahyabhai and Co Pvt Ltd has sparked a major controversy in Thane. The issue revolves around a 50-year-old ownership land dispute, and the legitimacy of the deal is now under question. The controversy has raised questions about the transparency and accountability of the TMC and is likely to have significant implications for the city and its residents.