All SRA, Mhada projects to come under MahaRERA
This decision will impact the lives of at least 50 to 55 per cent population of Mumbai.
Mumbai: Redevelopment projects under the Slum Rehabilitation Authority (SRA) and Maharashtra Housing and Area Development Authority (Mhada) will soon be brought under the Maharashtra Real Estate Regulatory Authority (MahaRERA) regulations. Also, the government has promised to help with delayed or pending SRA projects and has promised a meeting of the stakeholders soon.
Housing development minister Prakash Mehta made the important announcement in the legislative assembly on Monday. He was responding to a calling-attention motion raised by BJP MLA captain R. Tamil Selvan from Sion Koliwada.
In his reply, Mr Mehta said, “We will soon bring SRA and Mhada redevelopment projects under MahaRERA. We will also convene a meeting of pending SRA projects within a month.”
Earlier, RERA rules were not applicable for construction of buildings, which are actually a part of rehabilitation. If after rehabilitation, only one building is constructed with old and new flat buyers living together, RERA is applicable.
This decision will impact the lives of at least 50 to 55 per cent population of Mumbai.
Almost 41 per cent people live in slums as per the 2011 census while there are 104 major colonies of Mhada in Mumbai where the middle class lives. Both will come under RERA once state government passes the executive order, a senior official from housing department said.
Earlier, Mr Selvan said, “The builders who participate in SRA have been found blatantly selling their projects to another builders. This practice benefits the builder but flat owners’ rights are violated.”