Up to 27,373 unit owners are still waiting with no end in sight, ten months after it seemed that an impasse in the redevelopment of 388 old and dilapidated buildings belonging to the Maharashtra Housing and Area Development Authority (MHADA) had been broken.
The Maharashtra government released a notification in November of last year to permit the renovation of these structures, which date back at least thirty years, with increased floor space incentives for builders. But as of yet, no government resolution, or GR, has been released on the subject.
Three to four decades ago, MHADA demolished almost 900 aging and decaying structures in order to rehabilitate these 388 buildings. They now require development once more. These structures are dispersed over Mahim, Colaba, Girgaon, Mumba Devi, Byculla, Sewri, and Prabhadevi. There are about 80–100 apartments in each building.
Chief Minister Eknath Shinde declared that the buildings would be redeveloped with full benefits under regulation 33(7) of the development control rules (DCR) following the issue’s discussion in the state legislature’s monsoon session last year. As per the regulations, the developer receives Floor Space Index (FSI) incentives to recoup the costs and make a profit, while all current residents, or apartment owners, receive free rehabilitation.
Source: Hindustan Times
