Rules preventing redevelopment of old buildings to be amended

Image
Press Trust of India Mumbai
Last Updated : Jul 25 2013 | 9:55 PM IST
Maharashtra government plans to amend rules which are a hurdle in the redevelopment of dilapidated and cessed buildings in Mumbai, especially in the island city, it was announced here today.
An announcement to this effect was made in the state legislative assembly by Minister of State for Housing Sachin Ahir, while replying to a calling attention notice by BJP MLA Devendra Fadnavis and MNS legislator Bala Nandgaonkar.
There are over 13,000 cessed buildings in the city and for the past 27 years but there has been no decision about redevelopment of these buildings.
"The property owners' association have approached the court against the redevelopment policy," Ahir said, adding the government plans to amend the Housing Act to enable long-pending redevelopment of these old buildings.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 25 2013 | 9:55 PM IST

Next Story