+
MHADA to take up redevelopment of Patra Chawl in Goregaon
Real Estate

MHADA to take up redevelopment of Patra Chawl in Goregaon

The Maharashtra Housing Area Development Authority (MHADA) is set to take over the redevelopment of Goregaon West's Siddharth Nagar (Patra) chawl.

The state housing department issued a government resolution (GR) ordering MHADA to finish the stalled redevelopment and hand over tenements to the 672 tenants and 306 citizens who won allotments through the authority's lottery system. Rent arrears will also be paid to the tenants.

MHADA is also directed to use all legal means to ensure that it receives its legal share of the redeveloped area, according to the GR. Siddharth Nagar spans 47 acres, and the developer, Guruashish, is accused of selling land parcels to nine other developers without MHADA's permission. After the comptroller and auditor general (CAG) pointed out the discrepancies in counting the actual area, the case went to court.

The Bombay High Court and the National Company Law Appellate Tribunal (NCLAT) are currently hearing the case.

The cabinet approved the Johny Joseph Committee's recommendation, allowing MHADA to sell flats at market rates as a one-time concession to recoup redevelopment costs. MHADA will also be given a floor space index of 4 for the undeveloped area.

MHADA must obtain state approval before issuing a letter of intent for redevelopment to a developer for any of its layouts, according to another GR issued by the housing department.

Image Source


Also read: Slum redevelopment on Mumbai airport land gets state govt approval

Also read: BDD chawl redevelopment: Maha Govt ensures no one becomes homeless

The Maharashtra Housing Area Development Authority (MHADA) is set to take over the redevelopment of Goregaon West's Siddharth Nagar (Patra) chawl. The state housing department issued a government resolution (GR) ordering MHADA to finish the stalled redevelopment and hand over tenements to the 672 tenants and 306 citizens who won allotments through the authority's lottery system. Rent arrears will also be paid to the tenants. MHADA is also directed to use all legal means to ensure that it receives its legal share of the redeveloped area, according to the GR. Siddharth Nagar spans 47 acres, and the developer, Guruashish, is accused of selling land parcels to nine other developers without MHADA's permission. After the comptroller and auditor general (CAG) pointed out the discrepancies in counting the actual area, the case went to court. The Bombay High Court and the National Company Law Appellate Tribunal (NCLAT) are currently hearing the case. The cabinet approved the Johny Joseph Committee's recommendation, allowing MHADA to sell flats at market rates as a one-time concession to recoup redevelopment costs. MHADA will also be given a floor space index of 4 for the undeveloped area. MHADA must obtain state approval before issuing a letter of intent for redevelopment to a developer for any of its layouts, according to another GR issued by the housing department. Image Source Also read: Slum redevelopment on Mumbai airport land gets state govt approval Also read: BDD chawl redevelopment: Maha Govt ensures no one becomes homeless

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code