MHADA Redevelopment Scam: 13 Booked for ₹200 Crore Irregularities in Thane

Thane police books 13 persons from a real estate firm for involvement in ₹200 crore MHADA redevelopment scam; no arrests made

MhadaRedevelopment ScamThane PoliceReal Estate Firm200 Crore ScamReal Estate MumbaiAug 27, 2024

MHADA Redevelopment Scam: 13 Booked for ₹200 Crore Irregularities in Thane
Real Estate Mumbai:The Thane police have booked 13 persons from a real estate firm for their alleged involvement in irregularities concerning the redevelopment of buildings on MHADA land. The complainant, Arun Tayade, stated in the FIR that the firm did not obtain permission from MHADA and the residents of the societies.

They took a loan of Rs 200 crore after mortgaging the documents to redevelop 10 societies' buildings. However, the firm did not start the development and used the loan for personal benefits, as per the FIR.

The police claim that the amount involved in the scam may be as high as Rs 200 crore. The FIR was filed on August 22, and no arrests have been made yet.

Tayade alleged that the NOC for the mortgage was allegedly given by the chairperson of one of the housing societies. He said, 'The development agreement was signed between the developer firm and 10 societies in which 348 members reside. However, only the plinth (foundation of the ground floor) has been constructed. We went to the developers, but they did not pay heed.'

The Chitalsar police have booked the 13 persons under various sections of the Indian Penal Code (IPC) and the Maharashtra Ownership Flats Act (MOFA).

Information
MHADA (Maharashtra Housing and Area Development Authority) is a government agency responsible for providing affordable housing to the people of Maharashtra. The redevelopment of buildings on MHADA land is a complex process that requires permission from the authority and the residents of the societies.

MHADA (Maharashtra Housing and Area Development Authority) is a government agency established in 1977 to provide affordable housing to the people of Maharashtra. The agency is responsible for the development of housing projects, including the redevelopment of existing buildings.

Frequently Asked Questions

What is the amount involved in the MHADA redevelopment scam?

The amount involved in the scam is allegedly Rs 200 crore.

Who filed the FIR in the case?

The FIR was filed by Arun Tayade, a resident of one of the societies.

How many persons have been booked in the case?

13 persons have been booked in the case.

What is the status of the arrests in the case?

No arrests have been made yet.

What is the role of MHADA in the redevelopment of buildings?

MHADA is responsible for providing permission for the redevelopment of buildings on its land.

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