Browsing Tag
SRA projects
3 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.
Exclusive: BMC Seeks Special Planning Authority Status for SRA Projects on Its Land
The BMC has requested Special Planning Authority status for SRA projects on its land, hoping to accelerate redevelopment efforts. However, experts warn that this move could diminish the role of the SRA in managing slum rehabilitation in Mumbai. The proposal awaits discussion once the new state government is formed.