India, March 17 -- Three months after MHADA stepped in to facilitate the development of 388 old and dilapidated buildings on its land in South Mumbai, the process is slowly gaining momentum.
The Maharashtra government says the housing authority had received ten proposals for redevelopment from various developers, and a no-objection certificate (NOC) has been granted to one of them. The government has received another ten proposals for cluster redevelopment of some of these buildings. This was stated by minister of state for housing Shambhuraj Desai in the state legislative assembly on Monday.
The redevelopment of these 388 buildings has been pending for years, owing to the lack of specific development control rules (DCR) for buildings t...
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