Proposal for Redevelopment of Kamathipura

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14 th August, 2013 To, The Owners/Landords, Kamathipura, Mumbai. Sub: Proposal for Redevelopment of Multiple Properties situated at Kamathipura The proposal for landlords of properties situated at Kamathipura is as follows : 1. The landlords of buildings having more than 20 certified tenancies will be given 20 sq.ft carpet area (including fungible area) per tenancy or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher. 2. The landlords of buildings having 14 to 20 certified tenancies will be given 400 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher. 3. The landlords of buildings having 10 to 13 certified tenancies will be given 300 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

Transcript of Proposal for Redevelopment of Kamathipura

Page 1: Proposal for Redevelopment of Kamathipura

14th August, 2013

To,The Owners/Landords,Kamathipura,Mumbai.

Sub: Proposal for Redevelopment of Multiple Properties situated at Kamathipura

The proposal for landlords of properties situated at Kamathipura is as follows :

1. The landlords of buildings having more than 20 certified tenancies will be given 20 sq.ft carpet area (including fungible area) per tenancy or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

2. The landlords of buildings having 14 to 20 certified tenancies will be given 400 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

3. The landlords of buildings having 10 to 13 certified tenancies will be given 300 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

4. The landlords of buildings having 5 to 9 certified tenancies will be given 200 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

5. The landlords of buildings having 2 to 5 certified tenancies will be given 150 sq.ft carpet area (including fungible area) or 4.75 sq.ft carpet area (including fungible area) per sq.mt of plot area , whichever is higher.

Page 2: Proposal for Redevelopment of Kamathipura

A detailed list of carpet area to be given to each landlord as per information provided to us is enclosed herewith but the list and the entire proposal is subject to the following:

i. The buildings must be cess buildings.ii. Verification of tenancies as per inspection extract of the year 1995-

96.

Yours faithfully,For EARTH GLOBAL

Authorized Signatory