Dear Friends,
As a matter of a move to make the CHS happy and as a matter of policy to boost the Self Redevelopment in the old and dilipidated CHS , the MH Govt.has come out with a GR on various proposed benefits and concessions which a Coop Housing Society Housing can avail if theybare going for Self Redevelopment .
Some of highlights of Directives for old and dilapidated buildings for more than 30 years old are as follows:
- one window system
- approvals in 6 months
- increase in FSI by 10%
- Plots falling on road less than 9 mtrs can also go for self redevelopment with 0.4 FSI with no premium.
- 50% rebate for TDR
- discount on premiums to be given
- instalments for paying premiums instead of down payment.
- concessions on LUC tax
- concessions in Stamp Duty
- concession in GST
- reduce in open space deficiency premium
- District central bank to act as nodal agencies
- project to be completed in 3 years
- 4% subsidy on interest, thus now interest will be 8.5% p.a.
- tri partiate agreement to be made between Bank, Society & Contractor
- For quality construction - atleast 3 members committee to be formed - 2 members from society and 1 from Bank.
- special grievance Redressal committee to be formed for any problems/ grievances/ complaints.
- Contractors to be registered
- contractors to submit 3 years balance sheet
Please click on the link below to access the GR which is in Marathi .
https://drive.google.com/file/d/1syFvPz326j5Sx8SovNCCNB_hVvePPBlH/view?usp=drivesdk
Please feel free to reach me on ssca28@rediffmail.com with your general queries on this GR .
You may reach me on 9820053395/53495 between 6pm to 7.30pm
Best Regards
CA Shilpa Shinagare
President - V Indus Societies Welfare Association
As a matter of a move to make the CHS happy and as a matter of policy to boost the Self Redevelopment in the old and dilipidated CHS , the MH Govt.has come out with a GR on various proposed benefits and concessions which a Coop Housing Society Housing can avail if theybare going for Self Redevelopment .
Some of highlights of Directives for old and dilapidated buildings for more than 30 years old are as follows:
- one window system
- approvals in 6 months
- increase in FSI by 10%
- Plots falling on road less than 9 mtrs can also go for self redevelopment with 0.4 FSI with no premium.
- 50% rebate for TDR
- discount on premiums to be given
- instalments for paying premiums instead of down payment.
- concessions on LUC tax
- concessions in Stamp Duty
- concession in GST
- reduce in open space deficiency premium
- District central bank to act as nodal agencies
- project to be completed in 3 years
- 4% subsidy on interest, thus now interest will be 8.5% p.a.
- tri partiate agreement to be made between Bank, Society & Contractor
- For quality construction - atleast 3 members committee to be formed - 2 members from society and 1 from Bank.
- special grievance Redressal committee to be formed for any problems/ grievances/ complaints.
- Contractors to be registered
- contractors to submit 3 years balance sheet
Please click on the link below to access the GR which is in Marathi .
https://drive.google.com/file/d/1syFvPz326j5Sx8SovNCCNB_hVvePPBlH/view?usp=drivesdk
Please feel free to reach me on ssca28@rediffmail.com with your general queries on this GR .
You may reach me on 9820053395/53495 between 6pm to 7.30pm
Best Regards
CA Shilpa Shinagare
President - V Indus Societies Welfare Association
In respect of Self development scheme, whether property where pagdi system prevails occupiers can go for the scheme ?
ReplyDeleteNo u need to involve the owner also
ReplyDeleteShilpa madam,
ReplyDeleteThis is C.A Sailesh Kapadia
Whether income received by Society, on sales of additional area, under redevelopment project is taxable?
Dear Madam, in news that now bank can not provide loan to self redevelopment, so please update how self redevelopment can be done without bank ..
ReplyDeleteYou can WhatsApp on 9819667243
Praful Jain
Secretary Harilabh CHS LTD.
Malad