MHADA Introduces Amnesty Scheme to Reduce Penalties for Plot Contract Violations

In a notable move, the Maharashtra Housing and Area Development Authority (MHADA) has decided to reduce the penalties imposed on entities or individuals for violating the terms of their plot contracts. This reduction is part of an amnesty scheme announced by MHADA, which will be in effect for the next six months. The scheme aims to alleviate the financial burden of penalties on violators under specific conditions.

Key Decision in the Latest MHADA Meeting

During a recent meeting held by MHADA's authorities at the end of February, several resolutions were passed. These include amendments to the penalty rates for various infringements, such as unauthorized plot transfers, changes in the reserved use of plots, and violations of terms and conditions. The amnesty scheme, effective from February 29th, will last six months, with a clear indication that post-payment of penalties, the irregularities will not be regularized by MHADA but will still be subject to action.

Details of Penalty Reduction

The scheme specifies penalty reductions for unauthorized plot transfers and failures to fulfill the purpose for which the plot was allocated, imposing a 50% penalty on the annual market value rate of 25%. Additionally, penalties for not undertaking construction, partial construction, using more space than permitted for commercial purposes, and leasing out plots, are set at 25% of the annual market value rate of 25%.

The scheme also includes penalties for educational institutions that fail to reserve admission for MHADA employees, conduct classes entirely in English instead of Marathi, and do not prioritize local residents or children from MHADA colonies. These infractions will incur a 15% penalty on the 25% annual market value rate.

This translation and rewrite aim to present the essence and specifics of the original article, making the information accessible to English-speaking audiences while retaining the critical details and intentions behind MHADA's amnesty scheme.