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mhada

tripartite agreement Mhada

The Agreement For Redevelopment Under MHADA Is To Be Tripartite

All redevelopment agreements in the Mhada layout will now have to be tripartite agreements. It will include housing societies, developers, and Maharashtra Housing Area Development Authority (MHADA). Until now such agreements were signed with the residents of the society and the developer. Mhada, as the zamindar, issued the NOC for redevelopment only. The state’s housing […]

Prahalad Singh

MHADA lottery Scheme 2020-21

MHADA Lottery Scheme 2020-21 Mumbai

About MHADA Housing Board MHADA, established in 1948, is a housing board established for the people of the state by the Housing and Area Development Authority, Government of Maharashtra. The main objective of this MHADA Housing Board is to provide houses to economically weaker sections, poor people at affordable rates. MHADA first came up in […]

Prahalad Singh

Boost for Affordable Housing in Maharashtra

Affordable Housing in Maharashtra is set to receive a major boost by way of several policy decisions. Firstly, the Maharashtra housing authority is planning to raise Rs 1,000 crore as initial corpus for a development fund to support such projects financially. The fund will be managed by a financial institution with adequate experience in housing […]

nikunj.j

Mumbai: Plan to amend Rent Act may hit 5L tenants

More than five lakh tenanted families in Mumbai are likely to be impacted if the BJP-led Maharashtra government’s plans to amend the Maharashtra Rent Control Act (1999) take shape. The amendments would exclude bigger flats and all commercial establishments occupying more than 500 square feet from the protection under the Maharashtra Rent Control Act that […]

nikunj.j

Maharashtra government to build 11 lakh houses

Maharashtra government will construct 11 lakh houses in Mumbai and about seven lakh in the Mumbai Metropolitan Region (MMR). The announcement was recently made by State Housing Minister Prakash Mehta. Out of the total, 50 per cent of the houses will be completed in next five years, he told the Legislative Assembly. The minister also […]

nikunj.j

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