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MHADA GIVES ONE YEAR DEADLINE TO 57 COLONIES FOR REDEVELOPMENT

MHADA1In an aggressive move, the Mumbai board of MHADA has given an ultimatum to its 57 colonies across the city to come up with redevelopment proposals within a year. The Mumbai board of the Maharashtra housing and area development authority has made it clear that if the colonies fail to meet the deadline, the authority will carry out redevelopment on its own. The board has been getting a very poor response for redevelopment from the tenants of the 3,701 buildings spread across the city. Since the state has decided to prioritise the redevelopment proposals either on housing stock or premium, whichever is more, MHADA want more colonies to come forward with redevelopment proposals. As per the government notification issued on August 28 last year, Mhada will offer 27.88 sq m to economically weaker class (EWS) homes, while the area offered to low income group (LIG) and middle income group (MIG) colonies would be 45 sq m and 80 sq m, respectively. Mhada wants the colonies to take an initiative and come forward with their redevelopment proposals.

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