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Premium on transfer of slum flat to dip to Rs 50,000: Maharashtra deputy CM

According to Deputy Chief Minister Devendra Fadnavis, who is also responsible for housing, the state government has made the decision to reduce the premium for transferring a slum redevelopment flat from Rs 1 lakh to Rs 50,000. This premium is paid to the housing society involved in the redevelopment process. Fadnavis made this announcement during a seminar on self-redevelopment, where he emphasized the government's commitment to streamlining the process.

Fadnavis also stated that it would be mandatory for builders to pay one year's rent in advance. To facilitate the redevelopment process, camps will be organized at all 56 MHADA layouts, where Deemed Conveyance, a legal document confirming the transfer of property rights from the developer to the housing society, will be handed out, along with assistance in completing the necessary paperwork. Fadnavis introduced the concept of "MHADA aaplya Daari" (MHADA at your doorstep), a campaign aimed at expediting the Deemed Conveyance process.

Additionally, Fadnavis announced a waiver on the increase in service charges to be paid by MHADA housing societies, further incentivizing self-redevelopment efforts. The government is also considering the establishment of an economic board for self-redevelopment and plans to engage in discussions with cooperative banks to raise capital for these initiatives.

Fadnavis addressed the issue of non-agricultural tax on housing societies, stating that the government has already declared a stay on its implementation during the legislative session. Furthermore, there are deliberations underway regarding the potential abolition of the non-agricultural tax on housing societies, which would alleviate financial burdens on residents.

In order to provide greater convenience to residents, Fadnavis directed the Brihanmumbai Municipal Corporation (BMC) to allocate land to cooperative departments in each of the 24 civic administrative wards. This measure aims to ensure that residents do not have to travel long distances to address housing society-related issues.

Mangal Prabhat Lodha, the suburban guardian minister, announced that a list of required documents for obtaining Deemed Conveyance will be made available to the public once the government issues a Government Resolution (GR) on the establishment of camps. It is expected that the GR will be issued within a month, after which the camps will be set up in each civic ward to assist residents with the necessary procedures.

These initiatives reflect the government's commitment to promoting self-redevelopment and simplifying the processes involved in slum redevelopment and housing society management. The reduction in premium, waiver of service charges, and establishment of camps demonstrate the state's efforts to empower residents and facilitate the transformation and improvement of housing communities in Maharashtra.

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