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MAHARASHTRA LEGISLATURE PASSES MHADA ACT AMENDMENT TO UNBLOCK CESSED-BUILDING REDEVELOPMENT
What this means for you: Once notified, this amendment restores MHADA's power to take over redevelopment of dangerous cessed buildings where landlords and tenants are deadlocked -- nearly 935 stayed notices, out of about 13,000 cessed buildings citywide, are directly affected.
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Should MHADA be given power to take over redevelopment of dangerous cessed buildings when landlords/tenants are deadlocked?
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