Hi there, A few months back my best friend wanted to purchase an apartment in Hanuman Nagar, Kandivali (East) that was constructed under the auspices of the Slum Rehabilitation Authority (SRA) and was interested in learning the process and dangers associated with doing so along with knowing the SRA eligibility documents. In his search for this knowledge, we realised that he is not acting alone. Many Mumbai residents aren't even aware of these housing possibilities, and some would like to know how to obtain a home loan for the purpose. So, I am going to help you understand what we found out while searching for answers for him. Learn more about SRA flats from the legal experts of NoBroker and understand the benefits of the same.
Before I begin to tell you about SRA patra documents, I am going to tell you about SRA flats. The Slum Rehabilitation Authority, provides tenements, also known as SRA flats, to the slum dwellers. There are two types of SRA flats – one which a slum dweller gets allotted after surrendering his existing home and the units which are sold in the open market by builders. As per the rules, only the slums built before 2011 are eligible for rehabilitation. The real estate developer interested in the redevelopment of a particular slum approaches its cooperative housing society constituted by the slum dwellers. Builders need the consent of at least 50 per cent of the slum dwellers to begin the redevelopment and rehabilitation process. Upon receiving the consent and conducting the necessary paperwork, the developer shifts the dwellers to transit camps or gives them rent for temporary accommodation until the slum is redeveloped. The developer relocates the residents to transitory camps or pays them to rent for short-term housing while the slum is rehabilitated after obtaining the appropriate approvals and filing the necessary documentation. The builder then dismantles the slum and builds new structures, and after this is done, all qualified slum occupants receive free dwellings. The renovated residential unit will include 300 square feet of carpeting. Buildings are constructed on the extra plot area, and developers can resell the structures' units for a profit or recoup their development costs on the open market.
The SRA documents required for applying for an SRA flat in Mumbai are as follows:
