Slum Rehabilitation Authority (SRA): A Committee for the Welfare of Slum Dwellers
Slum Rehabilitation Authority is a committee formed by the Government of Maharashtra to look after the conditions of slum dwellers. The authority ensures that people living in the slums of Mumbai are at least equipped with basic amenities.
The slum rehabilitation scheme uses the land as a resource and allows incentive Floor Space Index (FSI) in the form of tenements to be sold in the open market. It is done to cross-subsidise the slum rehabilitation tenements, which are supposed to be offered to the slum dwellers free of cost.
So, if you are somebody who wants a flat in the SRA building but is baffled about the eligibility criteria, SRA projects, SRA scheme, and more, then you are at the right place. Stay with us until the end of this blog since most of your queries are addressed here.
Table of contents
- About Slum Rehabilitation Authority (SRA)
- Role and Functions of (SRA) Slum Rehabilitation Authority
- What are SRA flats?
- Is It Possible to Buy SRA Flats?
- Eligibility for Buying SRA Flats
- List of SRA Projects in Mumbai
- Slum Rehabilitation Authority Online Center
- How to Search SRA Schemes Online?
- SRA Eligibility Documents
- Points to Ponder Before Buying an SRA Mumbai Flat
- Frequently Asked Questions (FAQs)
Slum Rehabilitation Authority (SRA)
A 2011 census report suggests that around 64 million people and 13.8 million households are located in the slum city of India. This number is continuously rising every year. Such parameters hamper the overall development of a city.
Contemplating this, the Maharashtra government introduced an amendment to the Maharashtra Regional and Town Planning Act. Moreover, it also established a nodal agency called Slum Rehabilitation Authority (SRA).
SRA brought forth a Slum Rehabilitation Programme that studies the prevailing conditions of slum dwellers and slum areas in the city. After investigation, the committee plans the rehabilitation of those identified slum areas and ensures that the scheme planned is executed to the best of SRA’s abilities.
The SRA allows rehabilitation of slum-dwellers in-situ and compensates the developer and landowner by awarding them with TDR (Transferable Development Rights).
Role and Functions : Slum Rehabilitation Authority
The SRA aims at implementing the slum rehabilitation schemes by offering a single-window clearance. The clearance is for all kinds of permits that are essential for the project, namely the certification of eligibility of slum-dwellers, formation of co-operative societies, leasing of rehabilitation plots and free-sale plots, updating of property cards (PR cards), and taking punitive action on non-participating slum dwellers.
The duties, functions and powers of the Slum Rehabilitation Authority are to:-
- Formulate schemes for rehabilitation of slum areas.
- Survey and review prevailing positions associated with Slum areas in Mumbai.
- Get the slum rehabilitation scheme enforced.
What are SRA Flats?
The SRA flats are tenements or flats offered by the Slum Rehabilitation Authority, Mumbai, to the slum dwellers. Typically, SRA flats are categorised into two types: the first one is where a slum dweller receives an SRA flat after surrendering his existing home. On the other hand, it is the second one where builders in the open market sell the tenements.
Is It Possible to Buy SRA Flats?
The Slum Rehabilitation Authority has issued certain guidelines pertaining to buying and selling of SRA flats. Those are as follows:
- SRA flats come with a lock-in period that prevents beneficiaries from selling the allotted SRA flats for 10 years.
- The original seller cannot purchase any SRA flats.
- Only a domicile certificate holder can buy an SRA flat. Moreover, the domicile’s family must not own or possess any other house within the suburban areas of Mumbai.
- If the beneficiary sells the property after 10 years, the state government has all the authority to get a share in the sale value, which is called the transaction fee. It can be deemed necessary during the property registration. The transaction fee is equivalent to the stamp duty of ₹ 1 lakh, whichever is higher.
Eligibility for Buying SRA Flats
Before you file an application for the SRA flat, ensure that you fulfil the eligibility criteria as mentioned below:-
- The buyer should mandatorily have a domicile certificate.
- If you are a buyer, you must not be the original beneficiary or else you won’t be able to buy the SRA flat.
- The buyer must fall under the EWS (Economically Weaker Section), MIG (Middle Income Group) or LIG (Lower Income Group).
- The sale deed must be in the name of the husband and wife, if applicable.
- The buyer and his family members should not have any house within Brihanmumbai Municipal Corporation (BMC) limits.
- Any organisation or partnership firm isn’t allowed to purchase SRA homes.
List of SRA Projects in Mumbai
The Slum Rehabilitation Authority (SRA) has a total of 1481 projects in its bucket. Some of them are as follows:-
Exploring Options for Buying or Renting Property
Try Now
MORE FROM CATEGORY
- Government Initiatives Propel Infrastructure Stocks to Leadership July 01, 2024
- Karnataka Government Lifts Suspension, Boosts Economy May 23, 2024
- India Aims to Become Second-Largest Urban Metro Network Arming Autonomy May 21, 2024
- India Aims to Double Outbound Shipments, Boosting Trade Infrastructure May 16, 2024
- Aadhar Housing Finance Raises Rs. 9 Billion Before IPO, Drives Affordable Housing Mission May 11, 2024
- Mopa Airport, Goa: Your Complete Guide November 06, 2023
- The Grandeur of Agra Fort November 06, 2023
- Vijay Stambh | A Tower of Victory November 06, 2023
- Lodhi Gardens- A Tapestry of History, Nature, and Culture November 06, 2023
- All You Need To Know About Kashmiri Gate- A Historic Landmark of Delhi November 06, 2023
RECENT POSTS
- Bollywood Director Sajid Khan Sells His Juhu Apartment for a Striking ₹6.1 Crore. September 05, 2024
- ED attaches properties worth billions in money laundering probe. September 04, 2024
- Godrej Properties Expands Footprint, Targets Tier-II cities with 15m sq ft in residential space September 04, 2024
- Venture Capital Firm Takes Advantage of Booming Indian IT Sector, Acquires Mumbai IT Park September 04, 2024
- Adarsh Developers Turns Financial Corner September 04, 2024
- Enforcement Directorate seizes properties of Emaar India & MGF Developers in money laundering case September 04, 2024
- "Tech Giant Cognizant Selling Chennai HQ" September 04, 2024
- Revived South Park project offers hope September 04, 2024
- PVR INOX Shaping Future with Real Estate Monetisation September 04, 2024
- Suraksha Group Allocates Land to Repay Jaypee Infratech Lenders September 04, 2024