New Committee to Study Amendments
ECONOMY & POLICY

New Committee to Study Amendments

The Maharashtra government has formed a new committee to review potential amendments to the Maharashtra Apartment Ownership Act. This move aims to address the various issues faced by apartment owners and housing societies, particularly in the context of redevelopment projects.

The new committee comprises legal experts, urban planners, and government officials who will analyze the current act and propose necessary changes. One of the main focuses will be on facilitating smoother redevelopment processes while protecting the rights of apartment owners. The amendments are expected to streamline the redevelopment process by addressing ambiguities in the existing law, particularly regarding the consent required for redevelopment and the procedures for evicting non-compliant tenants. In recent years, the redevelopment of aging buildings in Maharashtra has faced significant challenges due to unclear regulations and resistance from some apartment owners. The proposed amendments aim to reduce these hurdles by clearly defining the majority required for redevelopment consent and establishing a transparent process for handling dissenting members. This move is anticipated to accelerate redevelopment projects, which are crucial for urban renewal and addressing housing shortages in cities like Mumbai and Pune.

The committee will also consider feedback from various stakeholders, including housing societies, developers, and residents, to ensure that the proposed changes are balanced and effective. By incorporating diverse perspectives, the committee aims to create a more equitable framework that supports both development and residents' rights.

Additionally, the amendments are expected to include provisions for better dispute resolution mechanisms, ensuring that disagreements between housing society members and developers can be resolved more efficiently. This aspect is particularly important to avoid prolonged legal battles that can delay redevelopment projects and impact the quality of living for residents.

Overall, the formation of this committee marks a significant step towards modernizing the Maharashtra Apartment Ownership Act. It reflects the government's commitment to fostering a more organized and fair approach to urban redevelopment, ultimately benefiting both the residents and the broader community.

By addressing the current challenges and providing clearer guidelines, the proposed amendments aim to facilitate a more cooperative and efficient redevelopment process, which is essential for the sustainable growth of Maharashtra's urban areas.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Maharashtra government has formed a new committee to review potential amendments to the Maharashtra Apartment Ownership Act. This move aims to address the various issues faced by apartment owners and housing societies, particularly in the context of redevelopment projects. The new committee comprises legal experts, urban planners, and government officials who will analyze the current act and propose necessary changes. One of the main focuses will be on facilitating smoother redevelopment processes while protecting the rights of apartment owners. The amendments are expected to streamline the redevelopment process by addressing ambiguities in the existing law, particularly regarding the consent required for redevelopment and the procedures for evicting non-compliant tenants. In recent years, the redevelopment of aging buildings in Maharashtra has faced significant challenges due to unclear regulations and resistance from some apartment owners. The proposed amendments aim to reduce these hurdles by clearly defining the majority required for redevelopment consent and establishing a transparent process for handling dissenting members. This move is anticipated to accelerate redevelopment projects, which are crucial for urban renewal and addressing housing shortages in cities like Mumbai and Pune. The committee will also consider feedback from various stakeholders, including housing societies, developers, and residents, to ensure that the proposed changes are balanced and effective. By incorporating diverse perspectives, the committee aims to create a more equitable framework that supports both development and residents' rights. Additionally, the amendments are expected to include provisions for better dispute resolution mechanisms, ensuring that disagreements between housing society members and developers can be resolved more efficiently. This aspect is particularly important to avoid prolonged legal battles that can delay redevelopment projects and impact the quality of living for residents. Overall, the formation of this committee marks a significant step towards modernizing the Maharashtra Apartment Ownership Act. It reflects the government's commitment to fostering a more organized and fair approach to urban redevelopment, ultimately benefiting both the residents and the broader community. By addressing the current challenges and providing clearer guidelines, the proposed amendments aim to facilitate a more cooperative and efficient redevelopment process, which is essential for the sustainable growth of Maharashtra's urban areas.

Next Story
Infrastructure Energy

BrightNight Commissions 115 MW Hybrid Power Project in Maharashtra

BrightNight, a prominent global renewable energy producer, has launched the first phase of its 115 MW hybrid renewable energy project, Optima Maharashtra, in Dharashiv, located in southern Maharashtra. This marks one of the state’s pioneering co-located wind and solar projects and signifies BrightNight's inaugural energy supply to India's national power grid, furthering the nation's goal of decarbonising its energy sector. Spanning around 14,000 acres, the project integrates cutting-edge wind and solar technologies, powered by BrightNight’s proprietary AI-driven PowerAlpha® platform. The ..

Next Story
Infrastructure Energy

Maha and Rajasthan Lead Solar-Powered Agriculture Under KUSUM Programme

Maharashtra and Rajasthan are leading the way in the adoption of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, specifically under Component C. This component aims to scale renewable energy infrastructure, addressing both agricultural sustainability and energy security. The two states are expected to contribute over 10 GW of solar capacity under the PM-KUSUM programme by 2025. The PM-KUSUM programme consists of three key components: small-scale solar projects (Component A), the installation of standalone solar-powered pumps (Component B), and the solarisat..

Next Story
Infrastructure Energy

Odisha Floats EPC Tender for 4 MW Solar Projects with Battery Integration

The Odisha Renewable Energy Development Agency (OREDA) has released a tender for the engineering, procurement, and construction (EPC) of 4 MW rooftop solar projects with integrated battery systems. These projects will be implemented across various locations in Odisha under a rate contract basis. Bids must be submitted by January 27, 2025, with bid opening scheduled for February 1. Bidders are required to submit a bid security of Rs 300,000 ($3,600), a bid cost of Rs 10,500 ($126), and a processing fee of Rs 1,000 ($12). The selected bidders must be responsible for designing, engineering, suppl..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000