Maharashtra allows MHADA to take over buildings not redeveloped in time, Real Estate News, ET RealEstate

MUMBAI: The state Assembly on Tuesday passed a bill amending the Maharashtra Housing and Area Development Authority (MHADA) Act, 1976, which empowers the authority to forcibly take over more than 14,000 cessed buildings in the city if owners and housing societies fail to redevelop them within a year of notification. The MHADA Act Amendment Bill […]

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