Piyush Goyal Warns Builders Over SRA Delays
28 Apr 2025
2 Min Read
CW Team
In a major push to make North Mumbai slum-free, 149 families of the Jai Santoshi Maa Housing Society in Kandivali received keys to their new homes under the Slum Rehabilitation Authority (SRA) scheme. The homes were handed over by Union Commerce & Industry Minister and North Mumbai MP, Piyush Goyal, who also issued a stern warning to builders and officials responsible for delaying redevelopment projects.
Addressing the gathering, Goyal said:
鈥淭rue development is not just about GDP figures. It begins with ensuring every citizen has a safe, permanent, and dignified home. Until the last person in society lives with security and self-respect, our work remains incomplete.鈥�
While praising the developer for the timely and quality completion of the project, Goyal made it clear that negligence, corruption, or delay in SRA redevelopment will not be tolerated.
He added:
鈥淏uilders who abandon projects, stop rent payments, or deliver substandard work will be blacklisted. In severe cases, they may face imprisonment. I also demand action against government officials who collude with such builders.鈥�
Goyal further emphasized that beneficiaries must have the right to choose their developer without any political or administrative interference. He stressed the need for complete transparency in the SRA process.
Reaffirming the government's commitment to housing for all, Goyal highlighted the national target set under Prime Minister Narendra Modi鈥檚 leadership:
鈥淚n the next five years, 3 crore families will receive free pucca homes. No Indian should be left behind in the journey to a developed and self-reliant nation.鈥�
The ceremony was attended by MLA Yogesh Sagar, developer Rashmin Rugani, chief promoter Amit Yadav, and SRA official Swapna Deshpande.
Statement on the Pahalgam Terrorist Attack:
Speaking on the recent terrorist attack in Pahalgam, Goyal said:
鈥淭hose responsible will face justice so severe that no enemy will dare look at Bharat with evil intent again.
It is shameful that certain people, like Robert Vadra, appear in videos sheltering such threats. Even more disgraceful are those who try to justify this barbaric act by asking about the religion of the victims.
Let it be known 鈥� all 1.4 billion Indians stand united with PM Narendra Modi in the war against terrorism and its sympathizers. India will not forgive, and India will not forget.鈥�
In a major push to make North Mumbai slum-free, 149 families of the Jai Santoshi Maa Housing Society in Kandivali received keys to their new homes under the Slum Rehabilitation Authority (SRA) scheme. The homes were handed over by Union Commerce & Industry Minister and North Mumbai MP, Piyush Goyal, who also issued a stern warning to builders and officials responsible for delaying redevelopment projects.
Addressing the gathering, Goyal said:
鈥淭rue development is not just about GDP figures. It begins with ensuring every citizen has a safe, permanent, and dignified home. Until the last person in society lives with security and self-respect, our work remains incomplete.鈥�
While praising the developer for the timely and quality completion of the project, Goyal made it clear that negligence, corruption, or delay in SRA redevelopment will not be tolerated.
He added:
鈥淏uilders who abandon projects, stop rent payments, or deliver substandard work will be blacklisted. In severe cases, they may face imprisonment. I also demand action against government officials who collude with such builders.鈥�
Goyal further emphasized that beneficiaries must have the right to choose their developer without any political or administrative interference. He stressed the need for complete transparency in the SRA process.
Reaffirming the government's commitment to housing for all, Goyal highlighted the national target set under Prime Minister Narendra Modi鈥檚 leadership:
鈥淚n the next five years, 3 crore families will receive free pucca homes. No Indian should be left behind in the journey to a developed and self-reliant nation.鈥�
The ceremony was attended by MLA Yogesh Sagar, developer Rashmin Rugani, chief promoter Amit Yadav, and SRA official Swapna Deshpande.
Statement on the Pahalgam Terrorist Attack:
Speaking on the recent terrorist attack in Pahalgam, Goyal said:
鈥淭hose responsible will face justice so severe that no enemy will dare look at Bharat with evil intent again.
It is shameful that certain people, like Robert Vadra, appear in videos sheltering such threats. Even more disgraceful are those who try to justify this barbaric act by asking about the religion of the victims.
Let it be known 鈥� all 1.4 billion Indians stand united with PM Narendra Modi in the war against terrorism and its sympathizers. India will not forgive, and India will not forget.鈥�
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..