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C. The Acts relating to the Insurance Sector should be amended to
facilitate Mortgage Insurance in the country.
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D. Introduce title Insurance for housing to prevent fraudulent
transactions.
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E. The scale of stamp duty on residential and non-residential properties
should be 2-3%.
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F. Amend DC Regulations 1991 for Urban Renewal Scheme were present FSI
is 4 under 33(8) & 33(9) in Island City. The private property owners be given
incentive FSI of minimum 4 or area required for re-housing plus 100% incentive
FSI on gross plot area whichever is more for re-development of properties
containing chawls and / or non cess chawls / slums.
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G. Exemption to re-development schemes for CRZ, Environment, MHADA Act
etc
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10. Suggestions on other minimum changes in Maharashtra Rent Control
Act 1999
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(a) Exemptions in Rent Act :- Provisions of Rent Act not to be
applicable to -
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(i) Residential & Non residential premises occupied by Public /
Private Limited Companies / Firms / Commercial entities / Banks i Foreign
Missions Government Bodies / Individual having Non-Residential premises of
carpet area of above 50 sqm and residential premises having carpet area of above
70 sqm.
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(ii) Affluent tenants either individual or companies with turn over
of more than 2 Crores.
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(iii) Premises / land given on lease / Leave & license for specific
period and on the expiry of such period.
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(iv) Tenants of building owned by Religious & Charitable Trusts.
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(v) All premises let out after 01.10.1987 and all tenancy / lease /
leave & license in all new constructions.
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(b) Abolish NINE Criminal provisions under sections 10(2), 17(4), 18(2),
19(3), 21(2)(6), 29(5), 30(2), 31, 48(2) & 55(3) of imprisonment for the land
lords / owners.
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