MHADA sets policy for sale of vacant flats

24 Nov 2023 CW Team

The Maharashtra Housing and Area Development Authority (MHADA), state government's housing body, has set a policy for the sale of its unsold 11,184 apartments across various divisional circles. The policy has been set following the recommendation of a committee that was constituted to review and study the issue.

Basis the new policy, MHADA?s Vice Chairman & Chief Executive Officer Sanjeev Jaiswal has directed the divisional boards of the housing body to take immediate action for the sale of vacant flats. As per the policy specifications laid down by the authority, the divisional boards are directed to submit proposals to the government for relaxation of certain conditions for the option of ?direct sale of apartments? and seek approval.

Individuals, organisations, government, semi-government employees, MHADA employees who are interested in buying 100 or more flats in bulk can be offered a discount on the price of the flats under this option.

Under the option of flat sale by rent instalments, an entity can be appointed on certain terms and conditions basis of agency fee through tender or expression of interest. In this option, the agency appointed to sell the flats will be responsible for paying all the amounts due to MHADA, along with suitable bank guarantees.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..