{"id":8847,"date":"2024-06-14T03:50:04","date_gmt":"2024-06-14T03:50:04","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8847"},"modified":"2024-06-14T03:50:04","modified_gmt":"2024-06-14T03:50:04","slug":"redevelopment-boost-in-maharashtra-gives-mhada-record-payoff","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/redevelopment-boost-in-maharashtra-gives-mhada-record-payoff\/","title":{"rendered":"Redevelopment boost in Maharashtra gives Mhada record payoff"},"content":{"rendered":"<p>The redevelopment of old buildings received a push in the state during Covid as Mhada gave record approvals toprojects,in the process collecting its highest revenue levels from fees and premiums: in just five months, from April to August 2021, the agency collected Rs 1,171.86 crore through this approach. In comparison, in 12 months from April 2020 to March 2021, the agency <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> had collected 261.38 crore.<\/p>\n<p>From the time the pandemic began, Mhadas total revenue collection has been over Rs 1,433 crore, a record for the housing agency. From April 2020 till August 2021 (the last month for which data is available), Mhada gave approvals or offer letters to 193 redevelopment projects. In comparison, the agency had approved only 162 projects in three years from 2017 to 2020 before the pandemic broke out.<\/p>\n<p>Mhada officials said fast-tracking approvals and a 50% <a href=\"https:\/\/exam.pscnotes.com\/discount\">DISCOUNT<\/a> in premiums offered by the  had helped builders and that was the reason behind the redevelopment push. Builders pay premiums to Mhada <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> for getting additional construction space and concession in rules like having large amounts of open space and staircases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The redevelopment of old buildings received a push in the state during Covid as Mhada gave record approvals toprojects,in the process collecting its highest revenue levels from fees and premiums: in just five months, from April to August 2021, the agency collected Rs 1,171.86 crore through this approach. Subscribe on YouTube In comparison, in 12 &#8230; <a title=\"Redevelopment boost in Maharashtra gives Mhada record payoff\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/redevelopment-boost-in-maharashtra-gives-mhada-record-payoff\/\">Read more <span class=\"screen-reader-text\">Redevelopment boost in Maharashtra gives Mhada record payoff<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094],"tags":[792],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Redevelopment boost in Maharashtra gives Mhada record payoff - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/redevelopment-boost-in-maharashtra-gives-mhada-record-payoff\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redevelopment boost in Maharashtra gives Mhada record payoff\" \/>\n<meta property=\"og:description\" content=\"The redevelopment of old buildings received a push in the state during Covid as Mhada gave record approvals toprojects,in the process collecting Join Our Telegram Channel Subscribe on YouTube its highest revenue levels from fees and premiums: in just five months, from April to August 2021, the agency collected Rs 1,171.86 crore through this approach. ... 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