Restricted earlier, reserved category flats can be sold on open market
MUMBAI: In a move that could bring respite to thousands of flat owners from the reserved category who have bought homes on government land, the state on Monday lifted the restrictions on the resale of these flats. This also means that these flats spread across 14,000 societies across the city will be on the market for sale to Mumbaiites.
The state government announced that these flat owners could sell their flats on the open market. So far, these flat owners could resell their flats only to those from the same category.
Cooperative housing societies on government plots have reservations of around 20% to people from the scheduled castes, scheduled tribes, nomadic tribes, etc. Flat owners in the reserved categories were finding it difficult to get buyers from the same category who would offer them market rates. Government employees, civil servants from outside the districts and state have been demanding an amendment to the Maharashtra Land Revenue Code 1966.
“We have decided to relax the rules and allow flat owners to sell on the open market. We will charge the stipulated transfer fee from those intending to sell the flats,” said revenue minister Eknath Khadse.
“We have also decided to relax the income slabs that have become another hurdle in the sale of these flats. The slabs applicable at the time of allotment are no longer relevant now, so we have decided to raise the income limit to a large extent.”
Khadse clarified that the provisions would be applicable only to societies on government land and not to land owned by Mhada and Cidco.
Khadse said the decision was taken based on recommendations by the Adarsh scam probe panel that revealed that flat owners in the building had been finding it difficult to sell flats to those in the same category.
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