The Mumbai board of the Maharashtra Housing and Area Development Authority (MHADA) has decided to come down heavily on developers who delay the process of redevelopment of its projects in the city.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

In a board meeting held on Monday, the members unanimously decided to bring in the proposal to blacklist such developers in its next meeting scheduled to be held in February this year.

Virendra Upadhyaya, one of the board members raised the issue during Monday’s meeting. “We intend to blacklist these developers so that the redevelopment process is speeded up in future and issues related to transit camps do not creep up,” said Mumbai board chairman Amarjit Singh Manhas.

After a recent decision of the board as well as Mhada to create housing stock through the redevelopment of its colonies across the city, many colonies have decided to go for redevelopment.

However, there are a number of colonies which have already opted for redevelopment and are facing delays- mainly due to the developers not initiating the process.

Some of the residents move to other places after a building goes for development but developers delay the start of the construction.

“This has often resulted in societies not being interested in redevelopment. We will come up with a concrete proposal to act on such developers,” informed Manhas.