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

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

From pyramid to platform: BRICS agenda for Global South

In his opening address at the 18th BRICS Summit in New Delhi on September 12, prime minister Narendra Modi did something India`s diplomacy has been building towards for three years: he moved the ‘Voice of the Global South’ from a slogan to a work plan. Addressing the leaders, he argued that t

How to realise the full transformative potential of PM-JAY

The Pradhan Mantri Jan Arogya Yojana (PM-JAY), a welfare scheme which covers approximately 45 crore beneficiaries across India, provides cashless health cover of Rs. 5 lakh per family per year. It is the largest health insurance scheme which helped crores of poor families by reducing out-of-pocket expend

The missing men in India`s family planning story

Every pregnancy requires two people. Yet India`s family planning programme continues to ask only one of them to bear almost all of its medical consequences. The newly released National Family Health Survey-6 (2023-24) confirms just how entrenched this asymmetry remains: 36.5% of currently married women a

`Development must be judged beyond GDP, with rights and justice at core`

Delivering the IXth Chief Justice M.C. Chagla Memorial Lecture on ‘Human Rights and Sustainable Development Goals’, in Mumbai Friday,  former Chief Justice of India Bhushan R. Gavai questioned whether conventional economic indicators such as gross domestic product (GDP), national income,

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter