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REDEVELOPMENT OF CESSED BUILDINGS
MHADA cuts premium charges on extra area for Mumbai’s cessed building residentsMHADA has reduced the rate for additional area allotment to 100% of the Ready Reckoner Rate, down from 110%, benefiting residents of old ce...- Maharashtra gears up to redevelop 13,000 cessed buildings in South MumbaiThe Maharashtra Housing and Area Development Authority (Mhada) plans to redevelop around 13,000 cessed buildings in South Mumbai. A structu...
- MHADA to conduct structural audit of 1,000 cessed buildings in Mumbai by March-endThe Maharashtra Housing and Area Development Authority (MHADA) is set to complete the structural audit of 1,000 cessed buildings in Mumbai ...
- Mahindra Lifespaces inks pact for redevelopment project in Mumbai’s Andheri suburbMahindra Lifespace Developers Ltd. has secured its fourth redevelopment project in Mumbai, valued at around Rs 950 crore. This project, loc...
- Maharashtra Housing Minister asks MHADA to issue notices for redevelopment of LIC's 68 cessed Mumbai buildingsThese notices will be issued under the newly introduced section 79 (A) of the Maharashtra Housing and Area Development Act, 1976. The new s...
- Two key developers’ associations consolidate under NAREDCONAREDCO is a self-regulatory body formed under the aegis of the Ministry of Housing and Urban Affairs (MoHUA), Government of India and it o...
- Realtors’ body approaches Maharashtra CM to support Mumbai slum, cess buildings redevelopment“While doing this, BAI is not asking for any monitory gain or the changes in the Development Control Rule. The government agencies will be ...
- ‘Mhada policy to dilute rights of tenants meant to favour builders’Mhada CEO Z Z Patil submitted the proposal to the municipal chief last month and urged him to incorporate the suggestions in the new develo...
- BMC to ease redevelopment process for leased plotsRedevelopment projects on BMC's leasehold plots are set to become easier, with Mumbai's civic body looking to simplify the process and sett...
- Maharashtra government to build 11 lakh houses in Mumbai: Prakash MehtaMaharashtra government will construct 11 lakh houses in Mumbai and about 7 lakh in the Mumbai Metropolitan Region, state Housing Minister P...
- Maharashtra needs 50 lakh new homes to meet 'housing for all' targetAs part of the Centre's target under the 'housing for all' scheme, the Maharashtra government will have to build 50 lakh new homes by 2022.
- CAG raps MBRRB over slackness in repair of cessed buildingsCAG has asked the Maharashtra government to evolve a transparent policy and criteria for prioritising the repairs of cessed buildings.
- Realtors look to redevelopment as land supply dries up in cityWith limited availability of open land parcels in the city, major developers are now looking at venturing into the redevelopment space, say...
- 100-yr-old Mumbai building fetches Rs 150 croreNowroz Building, a century-old residential building near Girgaum Chowpatty has been bought by Avinash Bhosale for Rs 150 crore.
- Mumbai redevelopment projects may get a boost on higher FSIThe increase in the floor space index (FSI) could just be the shot in the arm for Mumbai’s redevelopment story.
- Private builders will get to redevelop cessed buildings in MumbaiThe Maharashtra government recently cleared a guideline that will open up a huge business opportunity for redevelopment in South and Centra...
- FSI doubled for cessed buildingsAshok Chavan government decided to double the floor space index (FSI) to 4 for Mumbai’s over 16,000 old, cessed buildings. The FSI determin...
- Residents of cessed buildings hang on for dear lifeThe terror attacks in Mumbai, followed by political uncertainty, has left thousands of residents in the city’s over-16,000 cessed buildings...
- SC order paves way for redevelopment of MumbaiA Supreme Court order has paved the way for redevelopment of the entire city, the impact of which would be primarily felt in South Mumbai, ...
- Cessed buildings can be rebuilt if ‘dilapidated'In a major decision that will decide the future of some 17,000 old buildings in Mumbai, the Bombay High Court on Monday ruled that cessed b...
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