Mumbai: In a major relief for slum dwellers, the state cabinet on Wednesday took a decision to reduce the flat transfer fee in slum rehabilitation units by 50%. Currently the transfer fee is Rs 1 lakh, now it will be Rs 50,000.
Officials said that Slum Rehabilitation Authority (SRA) flats are provided free of cost to slum dwellers. “However, a transfer fee of Rs 1 lakh is charged along with stamp duty while transferring it, which is selling it after the prescribed time limit.Due to this, the buyer of the flat becomes financially burdened. This has now been cut by 50%,” an official said.
Deputy CM Devendra Fadnavis had made an announcement on this at a conference of cooperative housing societies in Mumbai in May this year. The premium is to be paid to the housing society. Fadnavis, while speaking at a seminar on self-redevelopment, had also said it would be mandatory for builders to pay one year rent in advance.
In SRA schemes, then housing minister Jitendra Award had in 2020 announced that slum dwellers could sell their houses in five years instead of 10 years. The decision was taken on a recommendation made by a cabinet sub-committee constituted in 2017 to examine the policy on sale and purchase of SRA tenements. The sub-committee was headed by then housing minister Prakash Mehta.
Under the SRA scheme, slum-dwellers get houses free of cost but they are not allowed to sell or rent them out for 10 years. If sold after the lock-in period, the government was entitled to an amount equivalent to stamp duty or Rs 1 lakh, whichever is higher. Now this amount has been reduced to Rs 50,000.
Officials said slum dwellers can now sell their flats after the lock-in period and move elsewhere or use the money to buy bigger homes.
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Officials said that Slum Rehabilitation Authority (SRA) flats are provided free of cost to slum dwellers. “However, a transfer fee of Rs 1 lakh is charged along with stamp duty while transferring it, which is selling it after the prescribed time limit.Due to this, the buyer of the flat becomes financially burdened. This has now been cut by 50%,” an official said.
Deputy CM Devendra Fadnavis had made an announcement on this at a conference of cooperative housing societies in Mumbai in May this year. The premium is to be paid to the housing society. Fadnavis, while speaking at a seminar on self-redevelopment, had also said it would be mandatory for builders to pay one year rent in advance.
In SRA schemes, then housing minister Jitendra Award had in 2020 announced that slum dwellers could sell their houses in five years instead of 10 years. The decision was taken on a recommendation made by a cabinet sub-committee constituted in 2017 to examine the policy on sale and purchase of SRA tenements. The sub-committee was headed by then housing minister Prakash Mehta.
Under the SRA scheme, slum-dwellers get houses free of cost but they are not allowed to sell or rent them out for 10 years. If sold after the lock-in period, the government was entitled to an amount equivalent to stamp duty or Rs 1 lakh, whichever is higher. Now this amount has been reduced to Rs 50,000.
Officials said slum dwellers can now sell their flats after the lock-in period and move elsewhere or use the money to buy bigger homes.
We also published the following articles recently
Cabinet stamp on Rs 24,000 crore tribal scheme
The Cabinet has approved the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan, a scheme with a total outlay of Rs 24,104 crore. It focuses on 11 critical interventions for Particularly Vulnerable Tribal Groups, benefiting over 28 lakh tribal people from 75 vulnerable tribes across 220 districts. The scheme aims to provide 4.9 lakh pucca homes, 8,000km of roads, community water supply in 2,500 villages/habitations with less than 20 households, and more.
The Cabinet has approved the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan, a scheme with a total outlay of Rs 24,104 crore. It focuses on 11 critical interventions for Particularly Vulnerable Tribal Groups, benefiting over 28 lakh tribal people from 75 vulnerable tribes across 220 districts. The scheme aims to provide 4.9 lakh pucca homes, 8,000km of roads, community water supply in 2,500 villages/habitations with less than 20 households, and more.
Trio dupe IAF officer of 8L over renting his flat, booked
A Kharadi-based private company director and two employees have been booked for cheating an Indian Air Force officer of Rs 8.38 lakh in a deal to rent his flat on Old Mundhwa Road. The officer posted an advertisement offering his flat on rent and the company expressed interest in a five-year lease. They signed an agreement, but the company never furnished the flat or paid the rent. The company officials shut down operations and fled, leaving the complainant without his money.
A Kharadi-based private company director and two employees have been booked for cheating an Indian Air Force officer of Rs 8.38 lakh in a deal to rent his flat on Old Mundhwa Road. The officer posted an advertisement offering his flat on rent and the company expressed interest in a five-year lease. They signed an agreement, but the company never furnished the flat or paid the rent. The company officials shut down operations and fled, leaving the complainant without his money.