Summary:
MUMBAI: Almost 300 families waiting for half a decade for a large redevelopment project to take off, on a prime eight-and-a-half acre Wadala plot, will start getting transit rents again after almost two years, but through bank fund transfers and not cheques that can bounce, Bombay high court directed on Wednesday. Most old tenants, nearly 290, are part of Azad Nagar cooperative housing society now.Society members, through their counsel, Niranjan Shimpi, also complained of non-payment of transit rents.The matter prompted the judge to observe how ‘transit’ has “all wrong connotations’’. Every time, occupants of old tenements complain of default and the builder’s lawyer, in all fairness, having no option, agrees. The judge said the payment of Rs40,000 pm must be not later than the 10th of every month. The tenants demanded the developer’s imprisonment.Agarwal, through his counsel Cherag Balsara, offered to pay arrears two months at a time, each month from April..