Maharashtra Bill Aims to Let SRA Recover Transit Rent from Builders
File Photo MUMBAI: On Tuesday, the Maharashtra government introduced a bill in the state assembly aimed at amending the slum redevelopment law. This amendment will enable the Slum Rehabilitation Authority (SRA) to collect outstanding transit rent from builders and developers. The proposed changes to the Maharashtra Slum Area (Improvement, Clearance and Redevelopment) Act of 1971 will classify unpaid rent to slum residents as arrears of land revenue. Consequently, this gives the SRA the authority to initiate recovery actions under the Maharashtra Land Revenue Code (MLRC). An official noted, “The SRA aims for these amendments to expedite its projects and ensure…