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Mumbai: Mhada nets Rs 3 85 crore in rent arrears within a month | Mumbai News

Owners and tenants whose dues were pending for long periods were offered a 60% rebate on interest. The scheme yielded rich dividends as several chose to pay up. Inhabitants of Mhada s transit camps owe Rs 130 crores in rent arrears. On February 3, the housing board launched this Abhay Scheme in view of the economic crisis that had engulfed citizens in the wake of the Covid-19 lockdown. Under the plan, Mhada s Mumbai repair and reconstruction board announced a 60% interest rebate for residents of its 21,149 transit camps. The first phase which ended February 28 netted a robust sum of Rs 3.85 crore, said board chairman Vinod Ghosalkar.

Mhada housing lottery: Mumbai: Mhada conducts housing lottery for BDD redevelopment even as construction yet to begin | Mumbai News

Mhada lottery at Bandra in Mumbai MUMBAI: The long awaited redevelopment of the city s Bombay Development Directorate (BDD) chawls finally got off the ground Thursday. Maharashtra Housing and Area Development Authority (Mhada) conducted a lottery to allot apartments to eligible tenants of the old, dilapidated structures in Lower Parel. However the construction of the buildings is yet to begin. The entire project constitutes the largest resettlement undertaking in the country given the sprawl of these old buildings in South Mumbai. This particular lottery was drawn for 272 tenants of the five hectare BDD Chawl plot at NM Joshi Marg, Lower Parel.

Lift stay on policy to convert leased government plot to freehold: Maharashtra CM to revenue department

Lift stay on policy to convert leased government plot to freehold: Maharashtra CM to revenue department
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