hyderabadupdates.com Real Estate Mumbai: In a first, SRA starts freezing builders’ sale flats to secure tenants’ rent

Mumbai: In a first, SRA starts freezing builders’ sale flats to secure tenants’ rent

The Slum Rehabilitation Authority (SRA) is now freezing sale flats equivalent to three years’ rent to ensure eligible slum dwellers receive their payments and new homes. This measure aims to prevent developers from defaulting on transit rent obligations. The SRA is also pushing for faster project completion and has collected over Rs 1,000 crore in rent.

Related Post

Parel Mumbai Real Estate Market 2026: Prices, Investment Potential, Location GuideParel Mumbai Real Estate Market 2026: Prices, Investment Potential, Location Guide

Flats in Parel Mumbai are gaining attention in 2026 as rising prices, central location, premium towers, and urban upgrades continue to shape the area’s next chapter. Parel commands attention in