MCHI ask govt to rectify ‘anomaly’ in rules
The government insisting that developers follow the carpet-area norm but the revenue department continues to charge stamp duty on the basis of build-up area. According to Maharashtra Chamber of Housing Industry (MCHI), the Brihanmumbai Municipal Corporation (BMC) sanctions building permission plans on the basis of built-up area. The Maharashtra Chamber of Housing Industry (MCHI), a body representing real estate developers, requested the urban development (UD) department to sanction building permission plans on carpet-area basis.
The MCHI on Tuesday sought the chief minister’s intervention in removing the “anomaly” in Development Control (DC) regulations to ensure that apartments are sold on the basis of carpet area. The body had requested the urban development (UD) department to sanction building permission plans on carpet-area basis. This approval shall enable MCHI to direct all the developers under its umbrella to sell apartments on carpet-area basis.
Till the mid 1970s, property in Mumbai was being traded purely on the basis of carpet area. The concept of built-up/ super built-up area basically started as a result of the justification for the cost being incurred on the various add-ons by developers such as podium, garden, and amenities like swimming pool, which were not taken into consideration till early 70s.
Last month, the BMC also sent a circular to the building proposals department, asking it to incorporate the provisions of Maharashtra Ownership Flats (regulation of the promotion of construction, sale management and transfer) Act regarding the sale of a flat based on its carpet area in the Intimation of Disapproval (IOD) issued to builders.
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