The Department of Fertilizers has approved the transfer of 7,104 sq.m. of land by Rashtriya Chemicals and Fertilizers (RCF) to the Municipal Corporation of Greater Mumbai (MCGM). This transfer involves land in Maravali Village, Chembur, Mumbai, and will be in lieu of Transferable Development Right (TDR) Certificates. The approval was communicated via letter dated October 23, 2025.
Land Transfer Approval
Rashtriya Chemicals and Fertilizers (RCF) has received approval from the Department of Fertilizers for a significant land transfer. According to a letter dated October 23, 2025, the Department has sanctioned the transfer of land to the Municipal Corporation of Greater Mumbai (MCGM).
Details of the Transfer
The approved land transfer involves 7,104 sq.m. of land located in Maravali Village, Chembur, Mumbai, Maharashtra. Specifically, the land bears CTS No. 116. This transfer is being conducted in exchange for Transferable Development Right (TDR) Certificates, which RCF will subsequently utilize.
Source: BSE
