Maharashtra Housing and Area Development Authority
There is good news in the offing for seekers of affordable housing in Mumbai. The Maharashtra Housing and Area Development Authority (MHADA) is set to release 4,468 affordable houses during its annual lottery in May-June this year. However, owing to the housing board’s exhausted land bank within city limits, of the total houses, only 17 [...] Continue Reading »
The rules for the much-awaited real estate regulator that were notified by the Maharashtra government on Saturday has a significant provision that allows home buyers of a stalled project to form a legal entity that can assume the complete control of the construction process. Maharashtra is all set to become the first state in the [...] Continue Reading »
Maharashtra is all set to become the first state to have a regulator for the housing sector. It has put up a draft of the Maharashtra Housing (Regulation and Development) Rules for public comment till October 10. The tech savvy body wants to hear from the consumers what they have in their mind. After Oct 10, [...] Continue Reading »
The Bombay High Court rejected Maharashtra Chief Minister’s discretionary housing quota citing that the allotments of flats in this quota were illegal. The court added all the policies of the state government regarding this quota are not up to the mark. The court stopped the state government from allotting the 2 percent of the Maharashtra [...] Continue Reading »
The state housing authority has put brakes on reviewing stalled restoration contracts for some of the city’s oldest buildings and cracking the whip on delinquent developers, even though several decaying building collapses across the city. ‘No Objection Certificates’ (NOCs) for at least 18 cessed buildings have been cancelled by the repair and reconstruction board of [...] Continue Reading »
After so many worthless attempts of borrowing the land, the Maharashtra Housing and Area Development Authority (MHADA) is ready to issue tenders for constructing affordable housing on 67 vacant plots all across the city. In a recent review of MHADA, totaling to more than 12 hectares of land was found. An official also mentioned that [...] Continue Reading »
Builders will be registered for redevelopment projects based on their track records, financial strength and project experience judged in various categories before assigning redevelopment projects by The Maharashtra Housing and Area Development Authority (MHADA). The verdict has been made with several redevelopment projects of MHADA colonies being stuck for years due to developers deserting them [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) has kept aside about 84 low-cost homes in Powai being built for the higher-income group (HIG) which had been set up with the intention of providing affordable housing for the public. The purchase price of these flats is well over a crore. The Authority is considering to allot [...] Continue Reading »
Though, buildings without an occupation certificate (OC) aren’t unheard of in the city. Nevertheless, in the Tilak Nagar area of Kurla, a bunch of about 18 societies stand without any OC despite them being built around four years earlier. These are renewed buildings of the Maharashtra Housing and Area Development Authority (MHADA). The housing authority [...] Continue Reading »
About 26 developers are at the receiving end as they have failed to hand over the state government’s share of tenements. Also, the builders have ignored the notices that had been sent to them by the state urging them to hand over the buildings soon and also pay the penalty for the delay. Maharashtra Housing [...] Continue Reading »
