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Q.

PAAA registration for redeveloped flat.

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1

3 Year

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1 2023-01-09T07:43:40+00:00

It is an agreement in response to Mumbai's redevelopment activity.  This agreement provides legal sanctity to the old apartment owner with regard to their new apartment in the new building. Homeowners are not required to leave their old building until this agreement is signed. That starts the process for a developer to begin with the old building's demolition and then start work on the new construction.

The number of registrations in Mumbai has increased overall due to a high increase in this category of agreements.

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