Lok Sabha Question No. 3627 (UNSTARRED), answered on 2021-12-20
Subject: LIC Buildings
Ministry: FINANCE
Asked by: Arvind Ganpat Sawant

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## LOKSABHA UNSTARRED QUESTION NO-3627

ANSWERED ON- 20.12.2021/ 29 AGRAHAYANA, 1943 (SAKA)

## LIC Buildings

## 3627. SHRI ARVIND GANPAT SAWANT:

Will the Minister of FINANCE be pleased tostate:

- (a) the number of buildings owned by Life Insurance Corporation of India (LIC) existing in Mumbai;
- (b) whether it is true that LIC has acquired the buildings namely Angrewadi, New Badam Wadi, East & West villa, Devkaran Building, Bhatia Building and 45 other buildings in default and if so, the details thereof;
- (c) whether these buildings are very old, nearly 100 years and are beyond repairs;
- (d) if so, whether the structural audit of these buildings has been done by LIC and if so, the details thereof including the number of buildings found in dilapidated conditions and action taken to redevelop them;
- (e) whether  these  buildings  are  known  as  'Cess  Building'  in  Mumbai  and  hence MHADA  has  asked  LIC  to  hand  over  these  buildings  to  them,  by  keeping  the ownership  with  LIC  as  it  is  for  the  redevelopment  as  per  the  laws  existing  in Maharashtra  for  these  cess  buildings  to  save  the  lives  of  the  residents  of  these buildings; and
- (f) if so, the action initiated by the LIC to protect the lives of the residents?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE

(Dr. BHAGWAT KARAD)

(a): LIC has informed that it owns 186 buildings in Mumbai.

(b) to (f): LIC has informed that it owns properties named Angrewadi, AhilyaChawlBadamwadi, East and West Villa, DevkaranNanjee Building and Bhatia Bhavan in Mumbai, besides 45 other properties  at  various  locations  in  Mumbai,  which  are  known  as  'cess  buildings'  as  the Maharashtra  Housing  and  Area  Development  Authority  (MHADA)  levies  cess  on  the  same. LIC has further informed that some of these buildings are nearly 100 years old and that repairs are being carried out either by MHADA or LIC. Further, structural audit for 24 buildings has also been done, the details of which are at Annex.

With regard to redevelopment of cess buildings, LIC has apprised that MHADA specifies a set of processes and options for redevelopment which are examined and followed, as per the case.

***

## REPLY TO PART BTOF OF THE UNSTARRED QUESTION No. 3627 DUE FOR ANSWER ON 20.12.2021 IN LOK SABHA

## Details of structural auditedLIC buildings

|   Sr. No. | Name of the Building                 |
|-----------|--------------------------------------|
|         1 | Empire House, Fort                   |
|         2 | Jeevan Deep Building, Girgaon        |
|         3 | Bombay Mutual Chamber, Fort          |
|         4 | Canada Building, Fort                |
|         5 | Oval View, Churchgate                |
|         6 | Jeevan Udyog Building, Fort          |
|         7 | Cresent Chambers, Fort               |
|         8 | Oriental Building, Fort              |
|         9 | Industrial Assurance Building,       |
|        10 | Asian Building 'A' Matunga           |
|        11 | Asian Building 'B' Matunga           |
|        12 | Minerva Mansion Building, Dadar      |
|        13 | Bombay Mutual Building, Fort         |
|        14 | Goodwill Insurance Building, Matunga |
|        15 | Indian Globe Chamber, Fort,          |
|        16 | Belvedere Court, Churchgate          |
|        17 | Queens Court, Churchgate             |
|        18 | EevanVihar Building, Fort            |
|        19 | Bombay Life Building, Fort.          |
|        20 | Asian Building, Ballard Pier         |
|        21 | Indian Mercantile Building, Dadar    |
|        22 | Indian Mercantile Building, Dadar    |
|        23 | National Insurance Building, Fort.   |
|        24 | East & West Building, Fort           |