Maharashtra's Cidco Approves Amnesty Scheme for Unauthorized Multi-Dwelling Units in Navi Mumbai
Cidco clears amnesty scheme for unauthorised multi-dwelling units
Hindustan Times
Image: Hindustan Times
The City Industrial and Development Corporation (Cidco) in Maharashtra has approved an amnesty scheme to regularize unauthorized multi-dwelling units in Navi Mumbai, allowing constructions made with prior permissions to be regularized without charges. Those without approval will incur a one-time fee, facilitating legal clarity and redevelopment opportunities for homeowners.
- 01Cidco's amnesty scheme regularizes unauthorized multi-dwelling units in Navi Mumbai.
- 02Constructions with prior permissions will be regularized free of charge.
- 03Unauthorized constructions will incur a one-time penalty of 25% or 150% of the reserve price.
- 04The decision aims to promote structured urban growth and redevelopment in the region.
- 05Homeowners and developers view this as a significant boost to the real estate sector.
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The City Industrial and Development Corporation (Cidco) has launched an amnesty scheme to regularize unauthorized multi-dwelling units in Navi Mumbai, following the Maharashtra government's decision to regularize constructions existing as of January 1, 2011. Under this scheme, multi-dwelling units built with the necessary permissions will be considered regularized without any fees. However, those constructed without prior approval will incur a one-time penalty fee of 25% of the reserve price for residential bungalows and 150% for commercial plots. This resolution, passed on March 23, aims to provide legal clarity to homeowners and facilitate redevelopment. The decision has been welcomed by residents and real estate developers, who believe it will accelerate urban growth and redevelopment opportunities. Cidco's initiative encourages the amalgamation of plots for better planning and recognizes all allotments as residential, allowing for transfers and mortgages under existing policies. The board has authorized immediate implementation of this decision.
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This scheme allows homeowners to regularize their properties, potentially increasing property values and facilitating redevelopment. It provides clarity for families looking to expand or improve their homes.
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