Maharashtra Housing (Regulation and Development) Bill-2012 passed

The long awaited ‘tough’ Maharashtra Housing Bill was finally passed by the Maharashtra Assembly on 16th July,2012.The law aims to plug the loopholes in the previous law, namely, Maharashtra Ownership of Flats act-1963.The new bill retains most of the contents of MOFA, but contains additional ‘tough’ provisions.A joint select committee had submitted a report last…

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