Mhada
The government of Maharastra has made a proposal to revamp 202 chawls of the erstwhile Bombay Development Directorate, spread across 91 acres in South Mumbai . The chawls will be constructed on 15 million sq ft of floor space index or about 20 mn sq ft of saleable area. The project will be developed by [...] Continue Reading »
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »
A wall was erected in June 2012 between leasehold land owned by Tehnaz Master and leasehold lands which blocked access to another freehold land that belongs to Tehnaz. Master allege the court to direct demolition of the wall but no action was taken against the illegal wall by the civic bodies. The BMC advocate submitted [...] Continue Reading »
The Pune district administration has prepared specific type plans for houses for the economically weaker sections in rural parts of the district. Around nine type plans have been prepared by the administration in consultations with Maharashtra Housing and Area Development Authority (MHADA) and are being sent to the director of the town planning department for [...] Continue Reading »
The under-construction buildings which were purchased by buyers in the past six years will not attract any VAT (Value Added Tax). It was told by the legal and tax consultants that residents under Mhada will not have to pay any VAT as Mhada does not enter into any sale agreement with its buyers unlike in private transactions. As per [...] Continue Reading »
Around 225 former and serving legislators will have to pay over Rs 85 crore as penal interest and delayed amount in Maharashtra. They have been penalised for failing to make the full payment of the flats allotted to them in Versova by Maharashtra Housing and Area Development Authority (Mhada) in 2009. Compared to the market [...] Continue Reading »
Turning down a demand that builders be allowed to get additional floor space index (FSI) by paying premium in redeveloping old Mhada buildings in the city, Chief Minister Prithviraj Chavan said they would have to share housing stock with Mhada in redeveloped buildings. Chavan said that a meeting of local legislators would be held after [...] Continue Reading »
The state government of Maharashtra has rejected Mhada’s proposal of allowing flat owners to lease out their houses within the five-years lock-in period. The state expressed its opinion that by allowing this move, people looking at low-cost houses as an investment opportunity will be encouraged. Meanwhile, it will be unfair to those who are homeless. [...] Continue Reading »
Residents of Dharavi have staged a protest against Government for not going on with the Dharavi Redevelopment Project (DRP). It was a day long protest near T-Junction by the residents who demanded back the original project of five- sector. They also demanded the removal of the current Mhada contract. More than 1000 people gathered and [...] Continue Reading »
MHADA has sold 11267 flat in Mumbai through lottery in last three years. It is found that still 5505 flat owners are waiting for getting the possession of the flats. MHADA had announced the results of another lottery, though; none of the winners of the 2011 lottery have managed to get the keys to their [...] Continue Reading »
