SRA will take over 500 stalled projects: Jitendra Awhad

Projects will have time limit for completion

geetanjali

Geetanjali Minhas | August 10, 2021 | Mumbai


#slum development   #urban development   #urban governance   #Maharashtra   #Mumbai   #Jitendra Awhad  


Thousands of slum dwellers are on the streets, not even getting rent for several years as many projects are stuck under the Slum Rehabilitation Scheme. Now the Slum Rehabilitation Authority (SRA) will take over and develop more than 500 projects left in limbo by builders and developers, Maharashtra housing minister Jitendra Awhad has said.

Many banks as well as financial institutions have provided funds to the developers after the letter of intent (LOI) is received and banks and financial institutions then approach the SRA to provide aid. Around Rs 50,000 crore have been invested in slum rehabilitation schemes where developers have not done any work beyond the letter of intent. Several partially demolished slums and buildings are stuck  with residents languishing out of their homes.

“The Slum Rehabilitation Authority will now take over these projects which have been stalled for many years and develop them,” Awhad said on Monday, clarifying that receipt of  LOI under the SRA Scheme does not mean that the developers become the owners of the land.

The housing minister said that SRA is planning Shivshahi Rehabilitation Project to take appropriate measures for closed projects  and build  houses of slum dwellers in the rehabilitated building.

“This decision will also apply to MHADA” he added.    

Awhad also said that after taking LOI, a time limit will be fixed for completion of projects. 
 

Comments

 

Other News

How Rafi, Raj Kapoor helped pave the way for a great uranium deal

There`s a certain moment in diplomacy that`s too personal to be captured in a communiqué, too small to make the front page, but more revealing than the front page. This week, prime minister Narendra Modi reached Tashkent and, amid the pomp of state visits, managed to evoke the old Bollywood tunes

Distinguishing Fish 1 and Fish 2: The pragmatism behind India’s WTO ratification

 India became the 123rd WTO member to ratify the multilateral Agreement on Fisheries subsidies (AoFS) when it deposited the Instrument of Acceptance for Phase 1 on July 20, 2026. The ratification is restricted to disciplining Illegal, Unreported and Unregulated fishing (IUU), protection for overfished

The 7% growth problem: Why the next 7% will be harder

India has become accustomed to hearing the 7% growth number. It is now less a milestone than an expectation. Yet the paradox is becoming clearer: maintaining 7% growth may be considerably harder than achieving it once. India’s real GDP grew 7.7% in FY2025–26, following growth of 6.5% in FY202

The Constitution cannot be altered: Justice Abhay Oka

Justice Abhay Oka, who retired from the Supreme Court in May 2025, has said that the Constitution of India cannot be altered. Explaining the landmark Kesavananda Bharati judgment (1973) on the basic structure of the Constitution, he said, “This is one judgment that has saved democracy in India.&rdq

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter