I came across your query regarding what are the new rules for SRA flats. I can help you by sharing a list of the rules for SRA flats. The most recent rule that has come up is the one that both the spouses need to be included in the eligible residents’ list during the rehabilitation and allotment of a new flat. I will share everything below.
New Rules for an SRA Flat
Here are all the rules:
Names of both spouses must be included in the list of eligible residents at the time of slum dwellers being rehabilitated and allotted a new flat. This new rule has been added to safeguard women’s rights. This would that the SRA property is registered jointly under the names of both spouses.
The developers require consent of a minimum of 50 percent of the slum dwellers to start the redevleopment of slum and rehabilitation of the slum dwellers.
The redeveloped SRA flat must be of 300 sq. ft.
At the time of the redevelopment phase, the developer must provide temporary housing to the slum dwellers.
Developers can also sell extra flats to recover construction costs and reap profits.
When the beneficiaries are allotted an SRA flat, they cant sell or rent it before 5 years.
If the beneficiary does sell an SRA flat post 5 years, the state government will be entitled to get a share of the sale value. This is called the transaction fee.
The transfer fee will be equal to the stamp duty of the property or INR 50,000 whichever is higher.
These are all the rules. I hope this helps.
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What are the New Rules for SRA Flats?
mridul09
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60 days
2025-03-21T14:08:41+00:00 2025-03-21T14:08:41+00:00Comment
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