Transit Rent Default Can Cost Builders Their Personal Assets, Bombay HC Signals in Strong Order

The Bombay High Court has ruled that developers who default on paying transit rent to slum dwellers can now have dues recovered from their personal assets, thanks to the newly inserted Section 33B. Calling for strict implementation, the Court directed SRA to decide transit rent complaints within 15 days and ensure immediate disbursal with interest.

Government Launches Slum Cluster Scheme: 50+ Acre Projects Under SRA, No Slum Dweller Consent Required

The Maharashtra Government has approved a landmark “Slum Cluster Redevelopment Scheme” allowing redevelopment of contiguous slum areas above 50 acres under SRA without separate NOCs, marking a crucial step toward a slum-free Mumbai.

Developers of Four Associations Meet BMC Commissioner, Submit 34-Point Plan to Cut Delays, Lower Costs, and Speed Up Mumbai Homes

Four Mumbai real estate associations met BMC Commissioner to push 34 reforms: update EODB, auto-approvals, lower fees, stable policies—aiming to speed projects and ease homebuying burdens.

35% Green Space Now Mandatory in Mumbai’s SRA Projects

A new government circular mandates that all SRA schemes on reserved land must keep 35% of the total plot area as contiguous, developed public open space with free citizen access. A Special Monitoring Committee has been formed to prevent violations and ensure the developed park is handed over to the local municipality within 90 days of project completion.

🏗 Builders to Pay Corpus First in SRA Projects Before Selling Homes

Maharashtra has tightened rules for SRA projects, requiring developers to deposit the full rehab corpus before selling free-sale flats. The move aims to plug financial gaps, secure slum rehabilitation funds, and speed up redevelopment timelines in Mumbai.