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MHADA can now takeover suspended redevelopment projects

Maharashtra government amended the 1976 MHADA rule while approving the policy for redevelopment policy of old and cessed buildings that are left in between due to lack in funding and other issues related to the same

MHADA can now takeover suspended redevelopment projects
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In order to speed up the redevelopment process of buildings that are at least 30 years old and are in a dilapidated condition, the Devendra Fadnavis-led government made Maharashtra Housing and Area Development Authority (MHADA) as planning authority for the same. 

This happened after the Maharashtra government amended the 1976 MHADA rule while approving the policy for redevelopment policy of old and cessed buildings that are left in between due to lack in funding and other issues related to the same.   

In Mumbai, there are 16,000 cessed buildings and nearly 20 lakh people live in it. As per the amendment made by Maharashtra cabinet in MHADA act, MHADA has the right to undertake leftover projects in case the builder halts the project or fails to provide rent to the residents.  

Also Read - BMC Does A Complete U-Turn On The Pothole Issue

If the owner of the cessed building fails to provide a proposal for redevelopment within six months after Brihanmumbai Municipal Corporation's (BMC) notice, MHADA can acquire the building for the same.

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