The Mumbai Building Repair and Reconstruction Board (MBRRB) has issued a notice to a real estate developer, asking them to resume work on the stalled Jasoda co-operative housing society redevelopment project in Central Mumbai’s Mahim.The Maharashtra Housing and Area Development Authority (MHADA) said MBRRB has given 15 days to the developer to resume work on the project, failing which MHADA will take over the redevelopment. The notice was issued under the MHADA Act.
A statement issued by MHADA said, “In order to start the stalled redevelopment of the said cess buildings, the residents of the building met Sanjeev Jaiswal, vice chairman and chief executive officer of MHADA. In the meeting Jaiswal gave the said instructions, after it was pointed out during the meeting that the developer is not likely to take concrete steps regarding the redevelopment of the Jasoda buildings. Jaiswal has asked concerned officials to submit a proposal to undertake project by way of MHADA taking it over.”
https://www.moneycontrol.com/news/business/real-estate/stalled-redevelopment-project-mhada-issues-notice-to-developer-warns-to-take-over-project-in-mumbais-mahim-11120941.html
Source : Money Control
