State Govt Approves Redevelopment of 388 Buildings in South Mumbai
In a major policy decision, Maharashtra government has decided to redevelop MHADA reconstructed buildings in South Mumbai which are 30 years old and dilapidated. As per section 33(7) of the Development Control Regulation they will be provided a 3-floor space index (FSI) or additional incentive FSI of a minimum 78% as made applicable to Prime Minister’s Grant Project (PMGP) buildings in South Mumbai earlier. This will help the residents to get 400 sq ft of dwelling units from the present 160 to 225 sq ft. The Chief Minister’s Office said that the government will issue a notification next week. Earlier, the government had allowed the redevelopment of 66 MHADA reconstructed buildings, which are 30 years old, under 33(7) of the DCR where 3 FSI or additional incentive FSI of a minimum of 78% was granted. They were reconstructed by MHADA under the Prime Minister’s Grant Project (PMGP). The government had issued a notification in the past on the redevelopment of these 66 buildings under 33(7) of the DCR. However, the government notification had not included these 388 buildings under 33(7) of the DCR. These buildings were reconstructed by the state government/MHADA but they needed to be redeveloped as they are now old and dilapidated. As per MHADA out of more than 14,000 old and dilapidated buildings in the city, many buildings have been reconstructed by MHADA. The area of the tenants' rooms in the buildings are 160 and 225 square feet and the maintenance cost of these buildings has increased. Due to this, there is a demand for redevelopment of these buildings. Developers were not coming forward for the redevelopment of the buildings as there was not enough floor space index available for the redevelopment of these buildings.
Tags : major policy decision Maharashtra government MHADA reconstructed buildings South Mumbai FSI developers