Bombay Dyeing will now surrender 66,651 sq m land from its Wadala property.
As a part of its development plans, the company was required to handover 52331.55 sq m land at Wadala and 12, 823.39 land at Lower Parel to the two agencies.
It had urged the court to allow it to submit the land at one location in Wadala, instead separately of its mill lands in Lower Parel and Wadala, under the Scheme for textile mills as provided under Section 58 of DCR.
The court said it found no justification in refusing to grant the erstwhile textile mill owner's plea to amalgamate the land in both of its properties and hand it over to the government agencies.
With the surrender of the land, BMC and MHADA stand to gain 66,651 sq m of land which will be used by the BMC to create open spaces while MHADA, which is starved for land, will avail of about 33,822 sq m that will be used for low-cost housing and providing tenements for mill workers.
