The Maharashtra Housing and Area Development Authority (MHADA) has established guidelines for builders involved in redevelopment projects. Here are some MHADA rules for builders:
MHADA verifies the competence and dependability of developers through screening. They search for developers who have a solid track record, are efficient, and have obtained clearances from the Coastal Regulation Zone Clearance (CRZ), High-Rise Committee, and Environment Department.
If a developer is working on a plot measuring one acre or more, they must allocate 20% of the homes in the project for affordable housing. This rule aims to boost affordable housing availability.
These rules apply to all cities in Maharashtra with a population of more than 10 lakhs, except Mumbai.
MHADA has introduced other provisions to encourage redevelopment and affordable housing. For instance, they allow 5% amenity space above 20,000 sq metres area and provide three carpet area index (FSI) for MHADA redevelopment instead of the previous 2.5.
Remember that these rules are subject to change, so it’s essential for builders to stay updated with the latest MHADA guidelines for successful redevelopment projects. You can also consult experts to know the latest guidelines.
Seek Legal Advice for MHADA Property-Related Query from NoBroker Legal Teams.Read more
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What are the MHADA Rules for Builders?
Kiyansh
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2024-08-28T16:36:38+00:00 2024-08-28T16:36:39+00:00Comment
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