The Maharashtra government will levy Rs 1000 as stamp duty and agreement charges per house from BDD chawls being redeveloped by MHADA.
In a recent decision, the Maharashtra government has decided to levy Rs 1,000 as stamp duty charges and agreement cost per house. The Bombay Development Directorate (BDD) chawls are being redeveloped by the Maharashtra Housing and Area Development Authority (MHADA).
Originally, the BDD chawls were developed during British rule as low-cost housing units, mostly developed in rows. According to an official statement by the State government, “As many as 207 chawls were developed in Mumbai between 1921 and 1925. These chawls are located at prime locations such as Worli, Naigaon, N M Joshi Road and Sewri among others. As these buildings have completed 90 years, they will be redeveloped by the MHADA. It will benefit over 15,500 residents of different chawls across Mumbai.
As per the redevelopment policy of MHADA, each residents will get a 500 sq ft housing unit free of cost. However, Rs 1,000 will be charged as stamp duty and agreement cost per house.”
The Maharashtra government is actively taking up the redevelopment projects of dilapidated buildings across the State. As most of the buildings have completed their shelf life, the redevelopment mission will benefit the residents of BDD chawls and other similar structures.