News & Views on Indian Real Estate

Friday, July 25, 2008

Municipal Authorities in Mumbai to keep a check on 30-Year-Old Buildings

If you are living in a building which is more than 30 years old, municipal authorities will help you find out how safe the structure is. The corporation or council will suggest repairs and if one does not follow instructions, they might impose a heavy fine. The new provisions will make the first inspection for structural fitness mandatory after 30 years of existence of a building. All those owners and occupants of buildings deemed dangerous will be legally required to carry out repairs within six months, failing which the municipal corporation or council will carry out the repairs and recover the expenditure from the owners or occupants. Besides this, a fine ranging from Rs 10, 000 to Rs 25, 000 or an amount equal to the annual property tax (whichever is higher) will be imposed.