MHADA Settlement Company Rent Interest Waiver in Thane | Bombay News

The Konkan Development and Area Development Board, under an amnesty scheme, waived interest on company rents from MHADA settlements in Thane; the waiver of 35Cr will benefit 3,500 families residing in areas like Panchpakhadi and Sawarkar Nagar in Thane city

ByHT CorrespondentHT CorrespondentThane

The Konkan Development and Area Development Board, under an amnesty scheme, waived interest on company rents from MHADA settlements in Thane. The waiver of 35Cr will benefit 3,500 families residing in areas like Panchpakhadi and Sawarkar Nagar in the city of Thane.

A request from various political parties for 110 companies in Panchpakhadi and Sawarkar Nagar regions has been placed. However, the interest waiver and any fines imposed will be applicable to all MHADA companies in the city of Thane. The decision, however, led to the grabbing of credit for the same among local NCP and Shiv Sena party leaders.

About 2,000 families reside in 110 societies in the two aforementioned areas, while more than 1,000 more reside in other areas of Thane. The land on which the companies are built is still the property of the MHADA. Local residents had claimed that while they were willing to pay the basic NA tax, the interest on the rent and the fine on the interest were too high and unaffordable for them.

In a letter from the Konkan Housing and Area Development Board, the authorities said: “On the model of Mumbai, there was a request to extend the amnesty program to the Konkan area as well. We had sent the proposal to the vice-president of the authority which was approved. In accordance with the amnesty program, to encourage people to pay dues, interest charged to residents and traders from April 1, 1998 to March 31, 2022 will be waived.

Close story

Less time to read?

Try Quickreads


  • Former Punjab Congress leaders Sunil Jakhar and Navjot Sidhu weighed in on the Chandigarh issue on Monday.  (PTI/PHOTO FILE)

    The next great battle will take place on the river waters: Navjot Sidhu

    Congress leader Navjot Singh Sidhu said Monday that Chandigarh belongs to Punjab and will always remain so, warning that the “next big battle” will be on the waters of the river. The former Punjab Congress leader said Chandigarh was just an “excuse”, implying that the Haryana government’s real target was Punjab’s river waters. The Punjab assembly had passed a resolution on Friday calling for the immediate transfer of Chandigarh to the state.

  • The Maha Mumbai Metro Operation Corporation Limited (MMMOCL), a business of the Mumbai Metropolitan Region Development Authority (MMRDA), updated details of the disruption on Twitter (Satish Bate/HT PHOTO)

    A technical problem delays metro operations for the third consecutive day

    MUMBAI A technical problem was reported on the third day of operation of the newly inaugurated metro corridor on Monday, making it three days in a row. The issue was reported on a train heading to Aarey from Magathane station. The Maha Mumbai Metro Operation Corporation Limited, a company of the Mumbai Metropolitan Region Development Authority, updated details of the disruption on Twitter.

  • A hospital official said the 72-year-old leader will undergo shoulder dislocation surgery this week.  (ANI)

    Anil Deshmukh to undergo surgery for dislocated shoulder

    Mumbai: Former Maharashtra Home Minister Anil Deshmukh will undergo surgery for his dislocated left shoulder, doctors at the Sir JJ Group of Hospitals, where he is currently admitted, have said. The Nationalist Congress Party leader has a history of recurrent shoulder dislocation and suffered one after falling in the bathroom on March 30. A hospital official said the 72-year-old chief will undergo shoulder dislocation surgery this week.

  • According to the plans of the railway, five elevators and two ramps will be installed at the Pune station.  (Shankar Narayan/HT PHOTO)

    Pune Railway Station will get five lifts, two new ramps proposed

    PUNE Soon, elderly and physically handicapped passengers will be able to travel easily from Pune Railway Station as five new elevators will be installed on the platforms of Pune Railway Station in a phased manner. In addition, two new walking ramps will be installed on the new pedestrian bridge (FOB) near the reservation building.

  • The state's first dedicated Covid-19 hospital, Naidu Infection Control Hospital, currently has only one Covid-19 patient admitted.  (HT FILE PHOTOS)

    The state’s first dedicated Covid-19 hospital in Pune admitted just one patient

    The first dedicated Covid-19 hospital in PUNE state, Naidu Infection Control Hospital, currently has only one Covid-19 patient admitted. At the height of the pandemic, the hospital was treating about 250 active cases at a time. Although Naidu has always been an infection control hospital, lack of equipment like ventilators meant it could only treat moderate cases, while severe cases were referred to Sassoon General Hospital.

Comments are closed.