Issued by: Times of India | Clara Lewis | 28 July 2020
The proposal for time bound redevelopment of Cess Buildings will contain, automatic cancellation of NOC granted to a developer if he fails to complete the project within three years. A six-month opportunity will be granted to the land-owner and another six months to tenants to complete the project. If they fail to do so, the project will be taken over by MHADA, which will appoint a contractor to complete it. The recommendation will allow MHADA to acquire buildings in the vicinity of a dangerous buildings, if stand-alone redevelopment of a dngerous building is not feasible.