Mumbai gets its clus­ter re­de­vel­op­ment pol­icy cleared by Ma­ha­rash­tra cab­i­net

Di­lap­i­dated build­ings, cess build­ings and build­ings of the state gov­ern­ment and the MHADA that are more than 40 year old will be en­ti­tled for re­de­vel­op­ment

Accommodation Times - - Front Page - By Staff Re­porter

State gov­ern­ment of Ma­ha­rash­tra-cleared clus­ter de­vel­op­ment pol­icy for the is­land city of Mumbai, in its Cab­i­net decision on Tues­day. The pol­icy has kept the floor space in­dex un­changed, owing to pend­ing court cases. As per the new pol­icy, di­lap­i­dated build­ings, cess build­ings and build­ings of the state gov­ern­ment and the Ma­ha­rash­tra Hous­ing & Area De­vel­op­ment Au­thor­ity that are more than 40 year old will be en­ti­tled for re­de­vel­op­ment. There are about 19,000 such build­ings in the is­land city. Also the pol­icy states that, the ap­proval of 70 per cent of the own­ers will be re­quired for re­de­vel­op­ment; the ap­proval of the rest can be se­cured within a year. How­ever, for di­lap­i­dated build­ings and those de­clared risky to re­side, such ap­provals will not be re­quired. In such cases, the gov­ern­ment will ac- quirethe land and in­cor­po­rate those build­ings un­der the clus­ter de­vel­op­ment pol­icy. In the is­land city of Mumbai, 1,000-1,500 land parcels have been iden­ti­fied for clus­ter de­vel­op­ment. The state also ap­proved the in­cen­tives for is­land city where clus­ter pol­icy for re­de­vel­op­ment of old ten­anted prop­er­ties over an acre area, which has been in force since 2009. The 2009 pol­icy has been mod­i­fied to al­low ten­ants who own large houses to get an equiv­a­lent por­tion for free. The same would be true in case of own­ing huge com­mer­cial prop­er­ties and opt­ing to go for res­i­den­tial prop­er­ties post-re­de­vel­op­ment. In such cases, de­vel­op­ers get to con­sume a pro­por­tion­ate amount of FSI on this ad­di­tional area.The pro­vided in­cen­tives in the amended rules would ef­fec­tively trans­form sev­eral ex­ist­ing low-rise set­tle­ments in the is­land city into high­den­sity zones with sky­scrapers as high as 60 to 80 storey. The cab­i­net decision is seen as a bid by the Congress-Na­tion­al­ist Congress Party gov­ern­ment to re­gain­lost ground ahead of the Assem­bly elec­tions in the state, sched­uled for Oc­to­ber. Dur­ing the LokSabha elec­tions this year, the Congress-Na­tion­al­ist Congress Party al­liance had lost all the six seats in Greater Mumbai.

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