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Maharashtra govt to soon announce new rules to redevelop Mumbai’s ‘pagdi’ buildings: Shinde

The current legal and financial issues prevent building owners from receiving fair compensation, and redevelopment is slow. A proper and just redevelopment system is needed while keeping the rights of tenants and owners intact, Maharashtra deputy CM Eknath Shinde said

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The move aims to ensure fair and proper redevelopment while protecting the rights of both tenants and building owners. File Pic

The move aims to ensure fair and proper redevelopment while protecting the rights of both tenants and building owners. File Pic

Maharashtra Deputy Chief Minister Eknath Shinde on Thursday said that the state government will introduce a separate set of rules to redevelop Mumbai’s old ‘pagdi’ (rent-controlled) buildings.

The move aims to ensure fair and proper redevelopment while protecting the rights of both tenants and building owners.

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