MHADA Appeals to Housing Societies to Take Advantage of New Amnesty Scheme for Occupancy Certificates
The Maharashtra Housing and Area Development Authority (MHADA) has introduced a special amnesty scheme to help 80 housing societies in Mumbai and its suburbs obtain their long-pending Occupancy Certificates (OC) for redeveloped buildings. This scheme, val
MhadaOccupancy CertificateMumbaiRedevelopmentHousing SocietiesReal Estate MumbaiJan 06, 2025
This initiative, introduced on January 6, 2025, is expected to benefit approximately 80 housing societies.
MHADA stated that many housing societies in Mumbai faced significant challenges due to their inability to pay the premium differential amount required for redevelopment.
This financial constraint led to delays in issuing occupancy certificates, causing various issues such as higher property taxes, water charges, and difficulties in selling or purchasing flats.
Key Benefits of the Amnesty Scheme
1.
Waiver of Interest The authority has waived the interest charged on the premium differential amount.
Societies will now only need to pay the principal amount.
2.
Penalty Waiver Buildings redeveloped under the 1991 Development Control Regulations will receive a 75% waiver on penalties related to unauthorized construction or usage.
Eligibility Criteria
The amnesty scheme applies to housing societies that received redevelopment approvals between
- July 29, 2004, and June 4, 2007
- January 7, 1912, and November 12, 2018, under the 1991 Development Control Regulations
Managing Housing Units
MHADA's Mumbai Board manages 114 layouts, which encompass approximately 2.25 lakh housing units.
Of these, 56 layouts are old and are currently undergoing redevelopment.
Chief Officer of the Mumbai Board, Milind Borikar, has urged all housing societies with pending occupancy certificates to take advantage of this scheme and complete their formalities before the deadline of April 10, 2025.
Policy Reform for Fairer Charges
In addition to the amnesty scheme, MHADA introduced a policy reform on January 6, 2025, to ensure fairness in maintenance charges and property taxes.
This new policy stipulates that these charges will only be applicable from the date of possession for scattered housing units and plots.
Previously, beneficiaries were required to pay maintenance charges and property taxes from the date of allotment, even if possession of the property was delayed.
Sanjeev Jaiswal, VP and CEO of MHADA, led this policy shift.
He emphasized that the previous charges created unfair financial pressure on beneficiaries, as the properties remained under MHADA’s control until possession was handed over.
The new policy ensures that beneficiaries will now be charged only from the date they take possession, making the process more fair and transparent.
About MHADA
The Maharashtra Housing and Area Development Authority (MHADA) is a state agency responsible for the development and management of housing projects in Maharashtra.
It aims to provide affordable housing solutions to low-income groups and improve the living conditions of residents in the state.
MHADA manages numerous layouts and housing units across Mumbai, working to facilitate redevelopment and ensure fair practices for all stakeholders.
Conclusion
The new amnesty scheme and policy reforms by MHADA are significant steps towards addressing the long-standing issues faced by housing societies in Mumbai.
By waiving interest on premium differential amounts and penalties, and by ensuring charges are only levied from the date of possession, MHADA is making the process more accessible and fair for all participants.
Frequently Asked Questions
What is the purpose of MHADA's amnesty scheme?
The purpose of MHADA's amnesty scheme is to help housing societies in Mumbai and its suburbs obtain their long-pending Occupancy Certificates (OC) for redeveloped buildings, thereby alleviating financial burdens and ensuring smoother operations.
How many housing societies are expected to benefit from the amnesty scheme?
The amnesty scheme is expected to benefit approximately 80 housing societies in Mumbai and its suburbs.
What are the key benefits of the amnesty scheme?
The key benefits include a waiver of interest on the premium differential amount and a 75% waiver on penalties related to unauthorized construction or usage for buildings redeveloped under the 1991 Development Control Regulations.
What is the deadline for the amnesty scheme?
The deadline for the amnesty scheme is April 10, 2025.
What new policy reform has MHADA introduced regarding maintenance charges and property taxes?
MHADA has introduced a policy reform wherein maintenance charges and property taxes for scattered housing units and plots will only be applicable from the date of possession, making the process more fair and transparent.
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