Browsing Tag

SRA projects

4 posts
A Mumbai housewife received a shocking ₹55 lakh tax demand on a flat she never paid for. Her only fault? Her name was on the agreement. What happened next will relieve many Indian families...

No Date, No Justice: MahaRERA Rejects Homebuyer’s Delay Claim Over Vague 2011 AFS

In a controversial order, MahaRERA has rejected a homebuyer’s claim for interest on delayed possession solely because his 2011 Agreement for Sale did not mention any specific date. The Authority dismissed the complaint filed by Imran Haedr against K.K. Constructions but directed a refund as per contract terms. The ruling highlights the risks of signing agreements with vague possession clauses even in the RERA era.
Slum Rehabilitation Projects Are Quietly Funding Mumbai’s Transport Future

📰 How Slum Rehabilitation Projects Are Quietly Funding Mumbai’s Transport Future

Mumbai real estate, SRA projects, Urban Transport Fund, Maharashtra Government, Slum Rehabilitation, infrastructure funding, redevelopment policy, Mumbai transport, housing and infrastructure, development charges
building permission for the last 25% of the free-sale component will be granted only after the entire required amount is deposited with SRA.

🏗 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.
BMC

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.