WILL THE AMENDMENT TO MHADA ACT COME AS A BOON?

Published On: 11/04/2023

Practice Area: Real Estate

Authors:

The President of India on December 02, 2022, assented to the bill proposing amendments to the Maharashtra Housing and Area Development Act, 1976, and introduced the Maharashtra Housing and Area Development (Amendment) Act, 2020, thereby clearing the way for the redevelopment of ‘cessed’ and ‘dangerous’ buildings. INDUSLAW’s Avikshit Moral, Preeti Dhar and Nikita Bhosle analyse the amendment and its impact on the stakeholders of cessed and dangerous buildings.