State govt to buy unsold flats from private developers

By Accommodation Times Bureau MUMBAI In order to expedite the much-touted Pradhan Mantri Awas Yojana and achieve its target of building 19 lakh homes in the entire state, the state government has planned to buy unsold flats at reasonable rates directly from private developers. These flats were not being sold for a very

Accommodation Times Celebrates 32nd Anniversary & National Real Estate Awards

By Accommodation Times Bureau Accommodation Times celebrates its 32nd Anniversary and National Real Estate Awards function, India’s oldest newspaper and media. This initiative has always endeavoured to honour and recognize the contributions made by the eminent members of the real estate sector. To commemorate the function, Accommodation Times has come with the penal

SRA sanctions deferment in payment of premium for fungible FSI

By Accommodation Times Bureau MUMBAI The Slum Rehabilitation Authority (SRA) has decided to sanction deferment in payment of premium for fungible Floor Space Index (FSI) under Regulation No. 35(4). Confederation Real Estate Developers’ Association of India (CREDAI) had urged SRA Chief Executive Officer Deepak Kapoor to extend the similar facility for SRA scheme,

SRA invites bid for rehabilitation of slums in Kolekalyan

By Rohit R. Sharma rohit@accommodationtimes.com MUMBAI The Slum Rehabilitation Authority (SRA) has floated a tender for the redevelopment of slums on a land in village Kolekalyan of Andheri on Wednesday. According to the circular, “The redevelopment area consist of 21882.15 sqm and it belongs to Society of Slum dwellers namely Om Namo Sujalam Sufalam

Maharashtra govt may increase size of SRA flats

By Accommodation Times Bureau MUMBAI The State Authority will examine whether the size of rooms built under Slum Rehabilitation Authority (SRA) should be increased from 269 sqft to 300 sqft. This topic raised during a meeting summon by Chief Minister Devendra Fadnavis to discuss issues on the matter. Minister of state (housing) Ravindra

Authorities yet to retrieve bidders docs for Worli BDD project

By Accommodation Times Bureau Mumbai  A month after the Maharashtra Housing and Area Development Authority (MHADA) was directed to reconsider a failed bid for the Bombay Development Directorate (BDD) Chawl redevelopment project at Worli, the authorities are yet to retrieve and submit the bid documents. The authority had finalised three bids earlier, however, Shapoorji Pallonji, challenged

Slum Free Mumbai: A Dream Or Nightmare?

By Accommodation Times Research Compiled by A T Bureau The policies of the state around the critical aspect of urban housing needs to be thoroughly engaged with and critiqued before one ventures to pass any kind of judgment on the legality or otherwise and rights of slum dwellers. The reason for this

Maharashtra CM Devendra Fadnavis Impulses Centre to bring SRA scheme under PMAY

By Accommodation Times Bureau Mumbai "Our SRA scheme has not progressed as it should have. We are in the process of making amendments in the scheme,"; Maharashtra Chief Minister Devendra Fadnavis said at a summit organised by the National Real Estate Development Council (NAREDCO) here on September 21 evening. Fadnavis advocated that the Centre should bring the state's Slum Rehabilitation Authority (SRA)