In a major policy update offering financial relief to tenants of old cessed buildings, MHADA has announced that eligible residents listed in the Mumbai Building Repairs and Reconstruction Board’s (MBRRB) master list will now be charged 100% of the Ready Reckoner Rate for additional space instead of the earlier 110%.
This move effectively reduces the payable premium by 10% and will apply retrospectively to beneficiaries of the December 2023 lottery. The new rate applies to additional area allotted over and above the original area of old residential units.
The announcement was made during a lottery event at MHADA headquarters in Bandra (East), where 105 permanent tenements were allotted through a computerized system. A new policy framework formalizing these changes is expected to be finalized by April 28, 2025.
Additional measures were also introduced under MHADA’s 100-Day Action Plan. These include eligibility for ground floor tenants—who were earlier excluded from redevelopment benefits—and preferential inclusion in the master list for residents of buildings that cannot be redeveloped or are stuck in stalled projects.
MHADA is currently conducting a biometric survey to categorize residents of transit camps into Categories A, B, and C. Those in Category A, where buildings are beyond repair, will be prioritized for inclusion in the master list.
The latest lottery was conducted in five size-based categories, covering 252 tenements. MHADA will organize a 10-day special camp to issue allotment letters to successful beneficiaries.
The event marks the second such allocation under MHADA’s updated framework. Officials noted that the earlier December 2023 lottery, which allotted 265 homes, had helped set up a more transparent and responsive housing allotment system. A new lottery is planned within the next six months to allot another 100 permanent homes to eligible tenants.
Also Read: MHADA homes in Mumbai lottery
