The Maharashtra government has launched a special amnesty scheme to regularise nearly 20,000 buildings in Mumbai lacking Occupation Certificates, offering penalty waivers and 50% premium discounts to over 10 lakh affected residents.

For its cluster development initiative in Mumbai, the Maharashtra government has given a one-year premium waiver for real estate developers at the rate of 50 percent. The action will likely facilitate the revitalization of older buildings in the city.