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Mhada duped of property worth Rs 228 crore by builders

Comments(2) Sub Category:Municipality,Realty News Posted On: Jun 20, 2011

Mumbai builders take Mhada for a 228 crore ride. Under Mhada rules, builders have to surrender part of the built-up area of redeveloped properties. For the past 20 years, builders have not given up surplus area. Source said that some Mhada officials are believed to be part of this nexus with the builders.

On Thursday, the housing authority wrote to police commissioner Arup Patnaik to initiate criminal action against close to three dozen builders (no-objection certificate holders) for failing to surrender surplus built-up area to it.

Mhada has been duped of property worth Rs 228 crore by builders redeveloping dilapidated cessed properties in the island city. In 33 cases, Mhada lost a total area of 1.5 lakh sq ft, equivalent to 500 small flats.

“The economic offences wing of Mumbai police should initiate action against the 33 NOC holders and help Mhada get back its due share of built-up area in the respective redevelopment schemes,” Mhada vice-president Satish Gavai wrote in his letter to the police commissioner on Thursday.

Under Section 66 of the Mhada Act, an officer of the rank of a civil court judge can decide cases, that may include forcibly taking possession of Mhada property or evicting any person after giving a hearing to those involved . However, sources said Mhada has rarely used this act.

Times of India

2 Responses to “Mhada duped of property worth Rs 228 crore by builders”

  1. [...] the usual lottery system, said by Thombre. Read more news:  MHADA flat allotment in Mumbai Mhada duped of property worth Rs 228 crore by builders More than 2500 affordable homes will be offered in MHADA lottery [...]

  2. yash solanky says:

    i m intersted in auction flats

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