Browsing Tag

Mumbai housing policy

4 posts
MHADA

Adani, Lodha, JSW Lead MHADA Cluster Redevelopment Race Set to Transform Mumbai Realty Scene

Top developers like Adani, Lodha, and JSW enter MHADA’s mega cluster redevelopment race, marking a turning point for Mumbai’s housing, infrastructure, and urban future.
MHADA addressed multiple housing grievances at its Lokshahi Din, including forming a committee to examine property tax and maintenance issues in Mumbai.

MHADA Forms Panel on Property Tax Issues, Resolves Key Cases at Lokshahi Din in Mumbai

MHADA addressed multiple housing grievances at its Lokshahi Din, including forming a committee to examine property tax and maintenance issues in Mumbai.
In a major policy shift, Maharashtra has raised maintenance charges for SRA flats up to ₹3 lakh. The move could impact developers, project viability, and homebuyers.

SRA Confirms: No Policy Yet for First-Floor Tenants of Chawls; No Redevelopment or Surveys Conducted So Far

SRA has officially stated that no policy exists to rehabilitate first-floor residents of pre-1976 authorized chawls, meaning no redevelopment or surveys have been conducted so far. The clarification responds to queries raised by former MP Gopal Shetty and highlights a major policy gap in Mumbai’s housing system.
The Maharashtra Government has introduced a major stamp duty correction for cluster redevelopment projects, aligning tenant rehab entitlement with DCPR 2034 norms. This long-awaited change will reduce stamp duty by ₹30,000–₹50,000 per flat and could dramatically transform Mumbai’s redevelopment ecosystem.

📰 This Stamp Duty Change Will End Up Changing Mumbai’s Redevelopment Scene

The Maharashtra Government has introduced a major stamp duty correction for cluster redevelopment projects, aligning tenant rehab entitlement with DCPR 2034 norms. This long-awaited change will reduce stamp duty by ₹30,000–₹50,000 per flat and could dramatically transform Mumbai’s redevelopment ecosystem.