Project News | Project Update | Project Opportunities
The Maharashtra government has taken significant steps to promote the self-redevelopment of cessed and dilapidated buildings by establishing a new authority and offering a stamp duty waiver. This initiative aims to address the renovation and improvement of more than 16,000 outdated and unsafe properties in the city. The government has implemented tax benefits, streamlined clearances, and provided discounts to incentivize the redevelopment of old buildings, thereby fostering urban development in the region. Additionally, the state government has simplified the process of obtaining deemed conveyance, a crucial requirement for self-redevelopment, further facilitating the initiative for both individual flat owners and housing societies.
*Image used if any in this post is for illustration only
Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th June 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
Access Housing sector projects, news, contracts and tenders from India in ProjectX India
ProjectX India helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract award, and tenders. ProjectX India provides you with actionable new project opportunities with contacts. The copy is delivered to you through email every fortnight. For subscription click here…
Click here to download an evaluation copy which covers new projects from India, ongoing projects from India, Contract Awards from India, Public Procurement opportunities from India. Talk to Sandeep Sharma on 877 927 9155 for subscription or advertising on this website and digital edition.