MCGM, SRA, MHADA, MMRDA CIDCO Law
RERA stands for Real Estate (Regulation and Development) Act, which was enacted in India in 2016. It aims to regulate and promote transparency in the real estate sector, protect the interests of homebuyers, and establish a mechanism for the speedy resolution of disputes related to real estate transactions. Here are key aspects and provisions of the RERA law:
MCGM (Municipal Corporation of Greater Mumbai) Act
The Municipal Corporation of Greater Mumbai (MCGM) Act outlines the governance framework for Mumbai's municipal administration. It establishes the structure of the corporation, including the composition of the elected council and the roles of the Mayor and Deputy Mayor. The Act delineates the municipality's responsibilities, encompassing public health, sanitation, water supply, solid waste management, and urban planning. It specifies revenue generation mechanisms through taxes, fees, and grants, and provides guidelines for budgeting and financial management. Additionally, the Act grants the MCGM authority to enforce regulations, plan urban development, and oversee infrastructure projects within its jurisdiction. It is pivotal in defining the powers, functions, and administrative procedures governing Mumbai's local governance, ensuring effective service delivery and urban development for its residents.
SRA (Slum Rehabilitation Authority) Act
The SRA Act refers to the Slum Rehabilitation Authority Act, which was enacted to address the issue of slum dwellings in Maharashtra, particularly in Mumbai. The Act aims to rehabilitate slum dwellers by facilitating the redevelopment of slum areas into multi-story buildings while ensuring improved living conditions for the residents. It provides a framework for developers to undertake slum rehabilitation projects in partnership with slum dwellers and the government. The SRA Act outlines procedures for identifying eligible slum areas, determining the eligibility of slum dwellers for rehabilitation, and the process for granting permissions and incentives to developers. It also includes provisions for the financing, monitoring, and regulation of slum rehabilitation projects to ensure transparency and compliance with standards. Overall, the SRA Act seeks to transform slums into organized settlements with adequate infrastructure and amenities, thereby improving the quality of life for slum residents in Mumbai and other parts of Maharashtra.
MHADA (Maharashtra Housing and Area Development Authority) Act
The MHADA Act refers to the Maharashtra Housing and Area Development Act, 1976. This legislation governs the Maharashtra Housing and Area Development Authority (MHADA), which is responsible for the development and management of housing projects across Maharashtra state, with a primary focus on providing affordable housing to various socio-economic groups, including low-income and middle-income families. The MHADA Act empowers the authority to acquire, develop, sell, or lease land for housing projects, as well as to rehabilitate and redevelop old and dilapidated buildings. It sets out the procedures and guidelines for the allocation of housing units through lotteries and other schemes, ensuring transparency and fairness in distribution. Additionally, the Act outlines MHADA's role in urban planning, infrastructure development, and slum improvement, aiming to address housing shortages and promote sustainable urban development in Maharashtra. MHADA Act plays a crucial role in facilitating housing development and ensuring equitable access to housing opportunities for the residents of Maharashtra.
MMRDA (Mumbai Metropolitan Region Development Authority) Act
CIDCO (City and Industrial Development Corporation of Maharashtra Limited) Act
The CIDCO Act refers to the City and Industrial Development Corporation of Maharashtra (CIDCO) Act, 1970. CIDCO is a government-owned corporation responsible for planning and developing urban infrastructure in Maharashtra, particularly in the Navi Mumbai region. The CIDCO Act was enacted to establish CIDCO as a statutory body with the mandate to undertake comprehensive development, including the acquisition, planning, and development of land for residential, commercial, industrial, and recreational purposes. CIDCO is empowered under the Act to provide infrastructure such as roads, water supply, sewage systems, and public amenities in its designated development areas. The Act also outlines CIDCO's responsibilities in land acquisition, rehabilitation of project-affected persons, and implementing projects in accordance with urban planning and environmental regulations. CIDCO plays a crucial role in urban development and expansion, particularly in facilitating planned growth and infrastructure development in the Navi Mumbai area, ensuring sustainable and organized urban living for its residents.