The Mumbai Housing and Area Development Authority (MHADA) has announced a groundbreaking initiative to make 15 crore documents public. This move is intended to reduce the number of Right to Information (RTI) applications and enhance transparency in the real estate sector.
MhadaReal EstateTransparencyRtiMumbaiReal Estate MumbaiApr 28, 2025
MHADA's main goal with this initiative is to reduce the number of Right to Information (RTI) applications and enhance transparency in the real estate sector by making 15 crore documents public.
The documents that will be made public include property ownership records, construction permits, and other crucial information related to the real estate sector.
This initiative will benefit homebuyers and developers by providing easy access to property-related information, reducing the bureaucratic hurdles in property transactions, and boosting consumer confidence.
MHADA faces challenges in ensuring the security and accuracy of the documents, as well as implementing robust security measures to protect the data from tampering and misrepresentation.
The expected impact on the real estate market includes increased transparency, reduced fraudulent transactions, and a more efficient and regulated market, which will contribute to its sustainable growth.
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