MHADA Eases Financial Burden: Maintenance Fees Post-Possession Only

09 Jan 2025 CW Team

Previously, beneficiaries were required to pay these charges from the date of allotment, even if possession was delayed. This often placed an unfair financial burden on individuals while properties remained under MHADA’s control. Under the new policy, beneficiaries will only incur costs from the date they take possession, ensuring a more equitable and transparent system.

Highlighting the importance of this change, Sanjeev Jaiswal stated, "Beneficiaries should not bear financial burdens for delays beyond their control. This decision ensures fairness for all."

To further enhance transparency, MHADA has instructed Executive Engineers to include pending charges like maintenance fees and property taxes in the sale price of flats and plots during future allocations, ensuring clear pricing without hidden costs.

For beneficiaries who have already taken possession but continue to pay these charges to housing societies, MHADA will settle such dues directly with the societies. These costs will be adjusted in upcoming housing schemes, although individuals who have already paid these charges are excluded from this benefit.

Additionally, MHADA plans to utilise cushion funds, such as those reserved for anticipated liabilities or location-based premiums, to clear outstanding dues from earlier months. This ensures that no additional costs will be passed on to beneficiaries due to administrative delays.

This reform reflects MHADA’s commitment to fairness, transparency, and easing financial stress for beneficiaries across Maharashtra.

In a landmark policy reform, the Maharashtra Housing and Area Development Authority (MHADA) has announced that maintenance charges and property taxes for scattered housing units and plots will now only be applicable from the date of possession. This move, led by IAS officer Sanjeev Jaiswal, Vice President and CEO of MHADA, is a significant relief for beneficiaries of its housing schemes.Previously, beneficiaries were required to pay these charges from the date of allotment, even if possession was delayed. This often placed an unfair financial burden on individuals while properties remained under MHADA’s control. Under the new policy, beneficiaries will only incur costs from the date they take possession, ensuring a more equitable and transparent system.Highlighting the importance of this change, Sanjeev Jaiswal stated, Beneficiaries should not bear financial burdens for delays beyond their control. This decision ensures fairness for all.To further enhance transparency, MHADA has instructed Executive Engineers to include pending charges like maintenance fees and property taxes in the sale price of flats and plots during future allocations, ensuring clear pricing without hidden costs.For beneficiaries who have already taken possession but continue to pay these charges to housing societies, MHADA will settle such dues directly with the societies. These costs will be adjusted in upcoming housing schemes, although individuals who have already paid these charges are excluded from this benefit.Additionally, MHADA plans to utilise cushion funds, such as those reserved for anticipated liabilities or location-based premiums, to clear outstanding dues from earlier months. This ensures that no additional costs will be passed on to beneficiaries due to administrative delays.This reform reflects MHADA’s commitment to fairness, transparency, and easing financial stress for beneficiaries across Maharashtra.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..