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Maharashtra Housing Bill receives governor’s consent

1 Comment Sub Category:Mumbai,Realty News Posted On: Aug 21, 2012

The much-debated Maharashtra Housing (Regulation and Development) Bill has inched towards implementation as it received a verbal consent to the contents of the bill from governor K Sankarnarayanan.

Approved by the state legislature in the monsoon session of the assembly, the bill had been sent to the governor’s office for consideration. Based on a representation of consumer protection groups, the governor’s office sought the housing department’s clarification on objections to its contents.

Objections had been raised regarding outer time limit of four months for society registration and allotment of FSI between the developer and the society in multi-phase projects as well as regarding imposition of fines.

To read more real estate news:

Tata Housing launches second phase of affordable township in Ahmedabad

 

 

 

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