Q:I stay in Mhada colony in Mumbai. There are 50 buildings in this colony which was built in early 50s. All 50 societies decided to go for clustuer development under DCR 33(5) and formed a federation. The redevelopment procedures are followed as per 79(A) guidelines. Now we are at the stage, where 5 builder/developer are finalized and each member has to select the developer in the AGM. All 5 builders are offering different carpet area and different the corpus. Few developers are offering the carpet area as per the entitlement rules under 33(5) and claims that developer can not offer additional area from the sale component. If this is done then it violates the law. Can developer offer more than the entitled area to us, if there is no impact to the Mhada entitled area and developer is willing to take hit on his on sale component?
Latest Answer: Right Anirudh,
Chief Minister Devendra Fadnavis asked the panel to submit its report by this month-end, and government would take into confidence all the municipal bodies and elected representatives in MMR before finalising the policy.
