Browsing Tag

Redevelopment

38 posts
MHADA

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.

Motilal Nagar Residents Oppose Adani, Claim MVA’s 2021 GR Favoured Developer Over Residents

Motilal Nagar residents oppose Adani redevelopment, claiming the MVA government’s 2021 GR favored Adani in the tender process. Residents allege that the 2021 GR not only stripped them of their rights to increased carpet area, but also paved the way for private developers—especially Adani Properties—to gain a disproportionate advantage in the MHADA redevelopment tender

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.
MHADA

Kandivali Resident’s 20-Year-Old MHADA Case Resolved

MHADA resolved a 20-year-old pending flat regularization case in Kandivali during its ninth Lokshahi Din, along with addressing multiple long-standing grievances. Vice President and CEO Sanjeev Jaiswal issued immediate directives, ensuring swift resolutions for applicants, reinforcing MHADA’s commitment to transparent and efficient governance.
MHADA

MHADA to Build One Lakh Homes in Two Years Under Maharashtra’s Affordable Housing Initiative

Maharashtra government, through MHADA, is set to develop one lakh affordable homes statewide within two years. The initiative includes rental housing, hostels, and eco-friendly redevelopment. A recent Pune Board lottery for 3,662 homes received overwhelming participation, reaffirming public trust in MHADA’s transparent allocation system.