WHAT THE GR ISSUED IN FEBRUARY SAID
The long-pending demand of Navi Mumbai residents was fulfilled on February 5 after the state government issued a notification granting 2.5 FSI for redevelopment of Cidco-constructed dangerous and dilapidated buildings that are ore than 30 years old.
The notification that has been published in the official gazette states that every residential tenement will have a basic entitlement equivalent to the carpet area of the existing tenement plus 35% thereof, subject to a minimum carpet area of 300 sqft.
It has also offered an incentive of up to 3 FSI in cases where several buildings in a sector combine together to opt for redevelopment.
The government offered to increase by 15% the rehabilitation area entitlement in case the redevelopment is taken up through Cidco