MHADA Reduces Premium from 110% to 100% of Ready Reckoner Rate for Eligible Tenants

MHADA has announced a 10% reduction in the premium charged to eligible tenants of old cessed buildings for additional area—bringing it down from 110% to 100% of the Ready Reckoner Rate. The change applies retrospectively to December 2023 lottery beneficiaries and is part of a broader 100-day action plan that includes new eligibility criteria and faster allotments.

Gokuldham Residents May Opt for Self-Redevelopment

Residents of Gokuldham mill workers’ colony in Goregaon East are showing strong interest in self-redevelopment of their aging buildings, seeking more control and transparency compared to traditional builder-led models. An awareness session led by architect Chandrashekhar Prabhu highlighted the benefits and process of self-redevelopment, emphasizing community empowerment and efficient urban renewal.

MHADA Chief Calls for Public-Private Partnership to Accelerate Mumbai’s Redevelopment at EODR 2.0

Over 3,000 housing societies and 40 developers gathered at CREDAI-MCHI’s EODR 2.0, where MHADA CEO Sanjeev Jaiswal emphasized the urgency of public-private partnerships and policy reforms to revamp Mumbai’s aging buildings and drive transparent, efficient redevelopment.

Developer Told to Waive ₹1.7 Lakh Interest for Homebuyer By MHADA

At MHADA’s 10th Lokshahi Din, ten public grievances were addressed with immediate departmental action. Highlights include a ₹1.7 lakh interest waiver for a homebuyer and fast resolution of cases involving property transfer, forged documents, and eligibility appeals.

15-Year Wait Ends for Siddharth Nagar (Patra Chawl) Residents as MHADA Conducts Lottery for 663 Homes in Goregaon

The 15-year-long wait for residents of Siddharth Nagar (Patra Chawl) in Goregaon (West) has finally ended, as MHADA conducted a computerized lottery for 663 rehabilitation tenements. Held under strict transparency measures, the allotment ensures rightful residents receive their homes. Possession begins on April 7, 2025, with continued rent compensation until May. MHADA has also approved a solar power system and gym equipment for the housing society, marking a new chapter for residents.