Slum flat shifting premium to be reduced from ₹1 lakh to ₹50,000, says Fadnavis, ET Real Estate

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Mumbai: State government has decided to reduce the premium for transfer of slum redevelopment flat from Rs 1 lakh to Rs 50,000, said Deputy CM Devendra Fadnavis Who also have a housing portfolio.

The premium is to be paid to the housing society.

Speaking at a seminar on self-redevelopment, Fadnavis said it would be mandatory for builders to pay one year’s rent in advance. Camps will be organized at all 56 places MHADA layout for handing deemed transport Completed paperwork for housing societies as well as redevelopment, assured Fadnavis. ,MHADA Aapya Dari (Mhada at your door), this campaign will be launched soon to accelerate this campaign deemed transport process,” he said.

He also announced a waiver on the increase in service charges to be paid by MHADA housing societies. “The government wants to promote self-redevelopment and is considering setting up an economic board for self-redevelopment. We will discuss with cooperative banks to raise capital.

The Deputy CM said that the service charges for MHADA housing societies would also be increased. On non-agriculture tax on housing societies, Fadnavis said the government has already announced a moratorium on it during the legislative session. “We are considering doing away with NA tax on housing societies,” he said.

Fadnavis said the BMC has been directed to provide land to cooperative departments in each of the 24 civic administrative wards, so that residents do not have to travel far to resolve issues related to housing societies.

Suburban Guardian Minister Mangal Prabhat Lodha said a list of documents required for deemed conventions would be made public soon after the government issues a Government Resolution (GR) on setting up the camps. “The GR is expected within a month. After this, we will organize camps in every civic ward.”

  • Published on May 17, 2023 at 05:00 pm IST

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