Why MHADA Act amendment could be a turning point for Mumbai's ageing buildings

Maharashtra's legislature passed a bill to revive Section 79A for dangerous building redevelopment. This amendment clarifies authority for issuing notices under the provision. The law aims to expedite redevelopment of thousands of old and unsafe structures. It empowers tenants to initiate redevelopment if landlords fail to act. The Supreme Court's decision will ultimately determine the implementation of these provisions.

By TOI REAL ESTATE DESK