Mumbai: SRA Gathers ₹1,386 Crore Rent from Builders in 3 Years
Representative image created by AI MUMBAI: In a significant effort to tackle builders who are defaulting on rent payments to slum dwellers, the Slum Rehabilitation Authority (SRA) has successfully collected dues amounting to Rs 1,386 crore over the past three years. This includes Rs 601 crore from regular schemes, Rs 134 crore from an amnesty program, and Rs 650 crore due to a new directive mandating builders to prepay two years of rent to the agency. According to SRA data, out of the Rs 880 crore owed from regular projects, Rs 279 crore remains uncollected. Additionally, the outstanding amount from…