Browsing Tag
real estate policy
4 posts
🏗 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.
🏠 Affordable Housing Gets a Boost as Maharashtra Tweaks Sand Policy; Shorter Leases Aim to Curb Over-Extraction
Maharashtra has revised its sand extraction policy to balance affordable housing goals with environmental safeguards. By shortening lease periods and overhauling pricing, the government aims to curb over-extraction, stabilize sand supply, and keep construction costs in check for PMAY and housing projects.