Tag: SRA

IndustryLatest Stories

Mumbai’s SRA Freezes Builders’ Sale Flats to Ensure Rent

MUMBAI: The Slum Rehabilitation Authority (SRA) has mandated developers to deposit an advance rent covering two years for slum residents in their projects. Additionally, the SRA has started ‘freezing’ sale flats equivalent to three years of rent until builders provide new homes to qualified slum dwellers. This proactive measure aims to ensure that rent payments are secured and permanent housing is provided to eligible slum residents, according to SRA officials. This is the first instance of the SRA freezing portions of flats or commercial units from projects to prevent developers from neglecting their rental obligations to slum dwellers. SRA previously…

Latest StoriesRegulatory

BMC Halts Work on Transit Camp at Sewage Plant Site in Mumbai

MUMBAI: The BMC has issued a stop-work notice for a transit camp in Worli, as it has been discovered that the camp is being constructed on land reserved by the civic body for a sewage treatment plant. Municipal officials reported that two sewer lines run through the site, and initial assessments indicate that construction has already disrupted sewage flow, raising concerns about potential flooding and infrastructure failure, especially during the monsoon season. Additional civic chief Ashwini Joshi instructed BMC’s chief engineer (sewerage operations) to file a criminal complaint against D B Patil, a Slum Rehabilitation Authority executive engineer, for allegedly…