亚博体育官网首页

The Chief Minister of Maharashtra, Eknath Shinde, has conveyed that a new policy will be formulated subsequent to a thorough evaluation of the halted redevelopment projects in Mumbai. A gathering was presided over by the Chief Minister, in the presence of a delegation representing the inhabitants of suspended redevelopment buildings in the Dadar area. In the course of the meeting, the Chief Minister issued directives, emphasising the imperative of formulating a definitive policy pertaining to the stagnant redevelopment projects in Mumbai. He further asserted that substantial efforts have already been initiated towards accomplishing this objective.Applauding the move, Sandeep Runwal, President, NAREDCO Maharashtra said, Stalled redevelopment projects have become a bane for so many residents of Mumbai. These residents are deprived of the basic necessity of shelter. They have to make ends meet to support themselves and their families amidst the rent payout, bank EMIs. This is a great initiative taken by the Chief Minister and we at NAREDCO Maharashtra are looking forward to working together in finding a quick and lasting solution.Reiterating the same, Vivek Mohanani, Managing Director & CEO, Ekta World said, This is a welcome move taken by the Chief Minister. The aftermath of the pandemic and the liquidity crunch faced by the housing industry thereafter saw a number of such redevelopment projects getting stalled. Residents of these redevelopment projects are the worst sufferers in the given situation and have to bear the brunt for no fault of theirs. We stand with the government in trying to alleviate their suffering and hope to find an immediate solution.As a result of prolonged delays in the redevelopment process, numerous original homebuyers in Mumbai have been compelled to relocate outside the city. Recognizing the gravity of this issue, the government is diligently focusing its attention on resolving it.