representative image New Delhi: Maharashtra Housing and Area Development Authority ,MHADA) The duty applicable on additional areas beyond the original or permissible area of the old has been reduced residential house For eligible tenants/residents in the master list of Mumbai Repairs and Reconstruction Board.
Revised fee will now be 110% ready reckoner rateDown from last 125%.
Sanjeev JaiswalMHADA Vice Chairman and CEO said that basically many tenants face serious financial constraints. Moreover, developers often fail to provide the 300 sq. ft. houses that these tenants are entitled to. As a result, beneficiaries are often given larger units, and under the previous system, they had to pay 125% of the ready reckoner rate for the additional area.
However, many beneficiaries are unable to afford this additional cost, delaying their permanent rehabilitation. Jaiswal said these payment challenges have left the board with a huge backlog of unresolved cases, making it difficult to complete. rehabilitation process,
To expedite the rehabilitation of tenants in old acquired buildings, it was decided to reduce the charges for additional area to 110% of the ready reckoner rate, making it more affordable for the eligible beneficiaries.
