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Maharashtra Governement has given major chawl to landlord acquired by MHADA
Q: The state housing department has ordered that chawl be handed back to the landlord which Mhada had acquired 2 decades ago.

mhada
maharashtra housing and area development authority
oldest residential chawl of mumbai
Latest Answer: Hi everybody, Mumbai Building Repair and Reconstruction Board, they have issued a final hearing notice to the tenants on August 7, 2015 inviting the objecting tenants for final hearing. It was informed that if they were not present for the hearing, it will be presumed that they have no objection. Out of the 37 notices for final hearing, 21 notices were received back by this office for the reason that the names of persons who had been issued the notices had expired.
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MHADA asks return of FSI 4 for redevelopment of its Mumbai colonies
Q: MHADA has asked the government to restore the FSI for redevelopment of its colonies to 4from the current 3.

real estate
affordable housing
fsi
floor space index
mhada
maharashtra housing and area development authority
Latest Answer: You are right. Mhada should not sell its land and allow a portion to be used for luxury construction. According to me, it is the only one in a position to bring economic balance in the real estate market.
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New policy to block Maharashtra's private builders for affordable housing
Q: The state government will soon come up with a new policy that will make it mandatory for private builders to transfer a certain housing stock to Maharashtra Housing and Area Development Authority.

real estate
real estate in mumbai
mhada
urban development department
maharashtra housing and area development authority
udd
new policy for affordable housing
Latest Answer: It's true that Congress - NCP Government had brought this policy for the economically weaker sections where developers had to transfer a certain housing stock to MHADA for affordable housing. However, it was limited to Mumbai only.
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New policy to bind Maharashtra's private builders for affordable housing
Q: The Maharashtra Govt. will soon come up with a new policy that will make it compulsory for private builders to transfer a certain housing stock to Maharashtra Housing and Area Development Authority.

fsi
ready reckoner rates
mhada
maharashtra housing and area development authority
new policy of mhada for affordable housing
private builders
town planning and housing departments
urban development departments
Latest Answer: It is because, MHADA and some other govt. agencies have a limit on construction of houses as it becomes financially not useful for them who are beyond a certain limit. Thereby, the govt. wants the participation of private builders to ensure affordable homes to a large number of people.
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Want good returns on property investments in Mumbai? Look towards Nalasopara
Q: Hi, my query is how are the returns on investment in Nalasopara?

mmrda
civic issues
dcr
fsi
floor space index
property in mumbai
mhada
mumbai metropolitan region
tdr
transfer of development right
maharashtra housing and area development authority
apartments for sale in nalasopara
nalasopara property market
properties for sale in nalasopara west
vasai-virar municipal corporation
real estate news nalasopara
civic issues in nalasopara
development control rules for mumbai
Latest Answer: consult buyright consultancy services
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An anlysis of Maharashtra Rent Control Act 1999.
Q: Do you know that recently, the Maharashtra Rent Control Bill 1999 passed with amendments by both the Legislative Assembly and Legislative Council. It is targated to bring together the 3 different Rent Control Laws in operation in the State of Maharashtra.

mhada
maharashtra housing and area development authority
property renting
bombay rent control act
landlord
leave and licence agreement
maharashtra rent control act 1999
maharashtra rent control bill 1999
amendment in rent control act 1999
rent control act 1999
inheritance of tenancy
protection against eviction
conditions of eviction
landlord rights and duties
calculation of rent in maharashtra
Latest Answer: Hi everybody, According to the proposed policy, all commercial establishments occupying more than 500 sq-ft and also those living as tenants in residential homes bigger than 862 sq-ft will not be protected under the Rent Control Act.
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The BJP-led government is expected to soon overhaul the state housing policy.
Q: To ensure speedier clearances and to cut project costs for the real-estate sector in Maharashtra, government to revise state housing policy soon.

affordable housing
credai
dcr
confederation of real estate developers
maharashtra chamber of housing industry
mchi
maharashtra housing and area development authority
revise state housing policy
real estate in maharashtra
chief minister devendra fadnavis
development control rules
Latest Answer: As od now, in Mumbai itself, all real estate projects are required to get 60 no objection certificates before they are issued a commencement certificate for the project. CREDAI is looking at both reducing the number of NOCs and allowing its submission any time before completion of the project. He added that the present time frame of 6-24 months that is required to issue clearances to real estate projects is also proposed to be brought down to 1 month.
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MHADA has announced a lottery for 4468 houses in May this year.
Q: I wanted to know the locality where the auction will be held and what will be the cost?

mhada
mhada houses
mhada lottery 2015
housebuyers in mumbai
maharashtra housing and area development authority
Latest Answer: Now-a-days, real estate prices skyrocketing in Mumbai. Mhada flats are in great demand. Till date, 12.82 lakh applicants have tried their luck for the 18694 houses put on the block. However in the past 2 years, the number of applicants has dipped because of unaffordable pricing.
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Termination of leave and license agreement
Q: Hello,

I have rented a 1 bedroom flat in Mumbai and signed 11 month leave and license agreement. There is no lock-in period and the agreement clearly states that, both parties can terminate the agreement by giving 1 month advanced notice. Does this mean I can terminate my agreement in 5 months by giving notice in 4th month. Appreciate your response. Thanks....Ritesh

increase in rental rate
rentals in mumbai
maharashtra government
maharashtra housing and area development authority
bombay rent control act
landlord
leave and licence agreement
maharashtra rent control act 1999
amendment in rent control act 1999
rent control act 1999
the rentals
new rental rates in maharashtra
Latest Answer: Hi All, This kind of agreement is specific to the city of Mumbai where owner prefer to use this agreement rather than a standard Tenancy or Lease Agreement in order to save on the Stamp Duty and registration charges. A Leave & License agreement is usually for a period of 36 months.
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