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Maharashtra Housing Area Development Authority

MHADA Revises Virar Project with Reduced Prices

MHADA Revises Virar Project with Reduced Prices
Virar-Bolinj scheme of the Maharashtra Housing Area Development Authority (MHADA) has slashed prices of their flats. This will bring a smile to 1,800 winners of the project. Previously, MHADA had fixed the prices at Rs25, 19,909 and Rs50, 21,514 for LIG and MIG blocks respectively, but now with the reduction in prices, the Lower Income [...] Continue Reading »

Govt to appoint special officers at MCs to curb unauthorised construction

Govt to appoint special officers at MCs to curb unauthorised construction
Mumbai: In order to control unauthorised constructions in the state, following the appalling building collapse in Mumbra, Thane, the state government has planned to appoint special officers at the municipal corporations. The Minister for State for Housing, Sachin Ahir, stated that the government has decided that an officer will be appointed for each ward who [...] Continue Reading »

Affordable homes in Mhada buildings to have policy soon

Affordable homes in Mhada buildings to have policy soon
The Chief Minister of Maharashtra has ensured in the legislative assembly that the new policy for Maharashtra Housing Area Development Authority (Mhada) redevelopment along with norms will be issued soon. Also, the state government has decided to not charge premium for Mhada redevelopment projects as against extra floor space index (FSI). The plan has been [...] Continue Reading »

Revised ready reckoner rules out black money in Mumbai real estate

Revised ready reckoner rules out black money in Mumbai real estate
With the new ready reckoner (RR) in place by the state government, the black market in real estate sector is going to get dull. The use of black money in real estate transactions will be minimal. As per experts, the revised RR rates are equal to market rates at most of the localities in Mumbai. [...] Continue Reading »

Ready reckoner rates in Mumbai up by 30%

Ready reckoner rates in Mumbai up by 30%
Maharashtra Government has recently decided to raise ready reckoner (RR) rates in Mumbai by 30%. This is an excess hike compared to last year’s average increase of 12%. The increase in ready reckoner rates is going to affect properties in areas like Prabhadevi, Cuffe Parade and Worli. This increase has been levied from January 1, [...] Continue Reading »

Mumbai govt to hike ready-reckoner rates from January

Mumbai govt to hike ready-reckoner rates from January
Maharashtra Government is planning to increase the ready reckoner from January 1 in Greater Mumbai and rest of state. The rate will be increased by 5 percent in Greater Mumbai and 40 percent in rest of the state. This is done despite the ongoing slow down as the government estimates the increasing number of registration [...] Continue Reading »

DC rules changed for Dharavi redevelopment

DC rules changed for Dharavi redevelopment
Maharashtra government has announced changes in the Development Control Rules (DCR) for the Dharavi slum redevelopment ahead of Mumbai civic polls. The redevelopment plan of Dharavi was approved in 2004 with an aim to develop roads, toilets, gardens and basic amenities in the area. After the redevelopment, standard of living can be improved and around [...] Continue Reading »

20 percent land made mandatory for affordable housing

20 percent land made mandatory for affordable housing
As an initiative to increase affordable housing in the city, Maharashtra Government has made 20% of land mandatory for the same. The step has been taken keeping in mind to provide housing for economically backward classes and low income group people. Reservation of land would be done only on a 2,000 square meter of land. [...] Continue Reading »



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