President’s nod to The Gujarat Ownership Flats (Amendment) Act Bill
May 01, 2019
New Delhi: President of India has given assent to “The Gujarat Ownership Flats (Amendment) Act Bill”.
The bill, passed by the Gujarat Assembly in monsoon session last year proposed to permit redevelopment of buildings that are over 25-years-old with the consent of 75% of members. Earlier, consent of 100 per cent of the members was required.
Once notified, the Act will provide relief to members of old societies pending redevelopment as the earlier law required consent of 100 per cent of the members.
Pradipsinh Jadeja, minister of state for home, law & legislative affairs said, “The President has approved the Gujarat Ownership Flats Redevelopment Bill. Now the state government will soon start implementation of the new act.’’
The ‘statement of objects’ section of the Bill reads – “While implementing the provisions of the said Act, it has been noticed that certain buildings covered by the said Act, though require re-construction or re-development, it was not possible to undertake such reconstruction or redevelopment as the consent of all the members of the residents of the said flat or the apartments building, as the case may be, was required. It was also been noticed that if such buildings were not re-constructed or re-developed in time, there is a likelihood of risk of life to the residents thereof. With a view to overcoming such problems , it was considered necessary to amend the said Act suitably.”
DeshGujarat
Related Stories
AMC announces criteria for redevelopment of societies
Redevelopment of 25-year or older flats to be granted if approved by 75% owners : Bill passed in Gujarat assembly
Gujarat to adopt redevelopment policy for affordable housing
Gujarat govt to announce policies on redevelopment,retrofitting,more
Recent Stories
- Fire breaks out in CNG fueled BRTS bus in Ahmedabad
- PhD student from IIT Delhi dies in Lothal, Gujarat during research work
- GSI surveys in Gujarat for minerals, including gold, yield no positive outcome
- Gujarat ACB nabs CGST inspector in bribe case
- Gujarat has second-lowest unemployment rate in country in PLFS 2023-24; state-wise data here
- State run DISCOMs in Gujarat cut debt by Rs 1,195 Crore in 7 years
- Massive Hindu Gathering at Mahakumbh in Prayagraj: Over 20 Crore Expected, Says VHP Leader