Redevelopment of old housing schemes is set to pick up pace with President Ram Nath Kovind giving his assent to the bill to allow dilapidated buildings older than 25 years to be redeveloped with the consent of 75% of the occupants. So far, redevelopment of such housing societies requires consent of 100% of the occupants. The state government said that President Ram Nath Kovind gave his assent to the Bill on April 25. The state government will issue a notification soon," minister of state for law and parliamentary affairs Pradipsinh Jadeja, told reporters. "A major obstacle in the way of redevelopment of old schemes has been removed," he said.

Source: dna May 01, 2019 00:33 UTC