Podcast
Questions and Answers
Who is primarily responsible for the allotment process of Social Housing in ITPs?
Who is primarily responsible for the allotment process of Social Housing in ITPs?
- Collector
- UDD
- MHADA (correct)
- Project Proponent
After being notified by the project proponent, what is the maximum time MHADA has to complete the allotment process?
After being notified by the project proponent, what is the maximum time MHADA has to complete the allotment process?
- 12 months
- 6 months (correct)
- 4 months
- 3 months
What method does MHADA typically use for allotting EWS/LIG tenements?
What method does MHADA typically use for allotting EWS/LIG tenements?
- Direct sale
- Tender system
- Waiting list
- Lottery system (correct)
Who receives the allottee list after it has been prepared by MHADA?
Who receives the allottee list after it has been prepared by MHADA?
At what rate should the Project Proponent dispose of the allotted tenements?
At what rate should the Project Proponent dispose of the allotted tenements?
What is the allowable percentage over the ASR-based construction cost during disposal?
What is the allowable percentage over the ASR-based construction cost during disposal?
How much of the additional 25% charged over the ASR-based construction cost is designated for MHADA as administrative charges?
How much of the additional 25% charged over the ASR-based construction cost is designated for MHADA as administrative charges?
What is the consequence if an allottee does not deposit the required payment within the specified timeframe?
What is the consequence if an allottee does not deposit the required payment within the specified timeframe?
If an allotment is canceled, within what period must MHADA supply new names from the waiting list?
If an allotment is canceled, within what period must MHADA supply new names from the waiting list?
If MHADA cannot provide fresh names for allotment, at what rate is the Project Proponent allowed to dispose of the tenements?
If MHADA cannot provide fresh names for allotment, at what rate is the Project Proponent allowed to dispose of the tenements?
When should Social Housing tenements receive their Occupation Certificate (OC)?
When should Social Housing tenements receive their Occupation Certificate (OC)?
Is it permissible to combine or merge Social Housing tenements?
Is it permissible to combine or merge Social Housing tenements?
What percentage of the construction cost is required as a one-time maintenance deposit at the time of occupation?
What percentage of the construction cost is required as a one-time maintenance deposit at the time of occupation?
Who is responsible for collecting the 10% one-time maintenance deposit from the purchaser?
Who is responsible for collecting the 10% one-time maintenance deposit from the purchaser?
The construction cost for disposal purposes is determined by which of the following?
The construction cost for disposal purposes is determined by which of the following?
After deducting the administrative charges, what is the net extra percentage amount available to the developer from the 25% extra charge over ASR?
After deducting the administrative charges, what is the net extra percentage amount available to the developer from the 25% extra charge over ASR?
Who is responsible for granting the final Occupation Certificate for Social Housing projects?
Who is responsible for granting the final Occupation Certificate for Social Housing projects?
Under what specific condition are project proponents allowed to sell Social Housing units in the open market?
Under what specific condition are project proponents allowed to sell Social Housing units in the open market?
What does 'Proportionate Occupation Certificate' generally imply?
What does 'Proportionate Occupation Certificate' generally imply?
Under what circumstance would MHADA be unable to provide fresh names of allottees?
Under what circumstance would MHADA be unable to provide fresh names of allottees?
Flashcards
Who allots Social Housing in ITPs?
Who allots Social Housing in ITPs?
Maharashtra Housing and Area Development Authority is responsible.
MHADA allotment timeframe?
MHADA allotment timeframe?
MHADA must complete the allotment process within 6 months of notification.
MHADA allotment method?
MHADA allotment method?
MHADA uses a lottery system.
Who gets the MHADA allottee list?
Who gets the MHADA allottee list?
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Tenement disposal rate?
Tenement disposal rate?
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Additional percentage over ASR?
Additional percentage over ASR?
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MHADA admin charges?
MHADA admin charges?
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What if allottee fails to pay?
What if allottee fails to pay?
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MHADA's re-allotment timeframe?
MHADA's re-allotment timeframe?
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Proponent's disposal cost if MHADA fails?
Proponent's disposal cost if MHADA fails?
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When are Social Housing tenements certified?
When are Social Housing tenements certified?
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Can Social Housing tenements be combined?
Can Social Housing tenements be combined?
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One-time maintenance deposit?
One-time maintenance deposit?
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Who collects maintenance deposit?
Who collects maintenance deposit?
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How to calculate construction cost?
How to calculate construction cost?
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Net extra amount to developer?
Net extra amount to developer?
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Who issues final OC?
Who issues final OC?
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When can proponents sell in open market?
When can proponents sell in open market?
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What does Proportionate Occupation Certificate mean?
What does Proportionate Occupation Certificate mean?
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When can't MHADA re-allot?
When can't MHADA re-allot?
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Study Notes
Social Housing Allotment Responsibility
- MHADA is responsible for conducting the allotment process for Social Housing in ITPs.
Timeframe for Allotment Completion
- MHADA must complete the allotment process within 6 months after intimation by the project proponent.
Allotment Method
- MHADA uses a lottery system for allotting EWS/LIG tenements.
Recipient of Allottee List
- The project proponent receives the allottee list prepared by MHADA.
Disposal Rate for Allotted Tenements
- The project proponent must dispose of the allotted tenements at the construction cost as per the ASR of the year of disposal.
Additional Percentage Over ASR
- An additional 25% over the ASR-based construction cost is allowed during disposal.
MHADA's Administration Charges
- Out of the additional 25% cost, 1% is to be paid to MHADA as administration charges.
Consequences of Failure to Deposit Amount
- If an allottee fails to deposit the amount within the specified time, the allotment stands cancelled.
Timeframe for Providing Fresh Names
- If an allotment is cancelled, MHADA must provide fresh names from the waiting list within 1 month.
Disposal Options if MHADA Fails to Provide Names
- If MHADA cannot provide fresh names, the project proponent can dispose of the tenements at construction cost + 20%.
Occupation Certificate Requirement
- Social Housing tenements must receive an Occupation Certificate simultaneously and proportionately with regular tenements.
Amalgamation Restrictions
- Social Housing tenements cannot be amalgamated in any case.
One-Time Maintenance Deposit
- At the time of occupation, the purchaser must deposit 10% of the construction cost as a one-time maintenance fee.
Collection of Maintenance Deposit
- The project proponent collects the 10% one-time maintenance deposit.
Determination of Construction Cost
- The construction cost is determined as per the ASR applicable to the land for the year of disposal.
Net Extra Amount for Developer
- The net extra amount available to the developer after deducting MHADA's administrative charges from the 25% extra charge over ASR is 24%.
Authority for Granting Final Occupation Certificate
- The Planning Authority or the Authority who sanctioned the DP grants the final Occupation Certificate for Social Housing.
Conditions for Selling in Open Market
- Project proponents can sell Social Housing in the open market if MHADA fails to provide a list of allottees.
Definition of Proportionate Occupation Certificate
- Proportionate Occupation Certificate refers to an OC for regular and Social Housing in the same ratio.
Conditions Where MHADA Cannot Provide Names
- MHADA cannot provide fresh allottee names if the waiting list is exhausted.
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