Projects will have time limit for completion
Geetanjali Minhas | August 10, 2021 | Mumbai
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.
India after 1947: Reflections & Recollections By Rajmohan Gandhi Aleph, 118 pages, Rs 399 Rajmohan Gandhi was about 11 when India won independence. As the nation celebrates 75 years of freedom, how would he – and others like him – feel?
The BrihanMumbai municipal corporation (BMC) has rebutted a Shiv Sena leader’s allegation of breach of protocol in the implementation of the ‘Har Ghar Tiranga’ campaign. On Friday Rahul Shewale, group leader of Shiv Sena in Lok Sabha, had accused BMC commissioner IS Chahal
Land in Mumbai city, which is surrounded by water on three sides, is scarce and has a premium. Property prices in certain areas of financial capital of the country are as much as Rs 1 lakh per sq ft. Yet, 5,800 buildings have been lying in a stalled condition for the last 18 years. Meanwhile
Revadi (sweetmeat) or more popular word, ‘freebies’, has been dominating headlines recently. A public interest litigation (PIL) has been filed in Supreme Court to bar all political parties from making such promises. In response, one leading political party, Aam Aadmi Party (AAP), has filed thei
Since August 2019, Government of India, in partnership with States, is implementing Jal Jeevan Mission (JJM) to make provision of potable tap water supply every rural household by 2024. As many as 6.70 crore households have been provided with tap water connections in the 35 months, since Aug
Over the last few years, cloud has been able to create a special place for itself amongst fast moving, competitive and growth-led organisations. As the technology became an imperative, it has undoubtedly created unique business opportunities and isbecoming an anchor for innovation for leading businesses gl