The state government has decided to reduce the premium for transfer of a slum redevelopment flat from Rs 1 lakh to Rs 50,000, said deputy CM Devendra Fadnavis who also holds the housing portfolio.The premium is to be paid to the housing society.
"MHADA aaplya Daari (MHADA at your doorstep), this campaign will be launched shortly for expediting the Deemed Conveyance process," he said.
Fadnavis, while speaking at a seminar on self-redevelopment, said it would be mandatory for builders to pay one year rent in advance.
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Ruchi Mane
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Ruchi Mane is the Senior Editor at Houssed, leading the platform’s real estate news coverage. She tracks trends in India’s luxury property market while overseeing editorial strategy, PR outreach, and social media communication.