Maharashtra govt panel proposes 10% extra carpet area for housing societies going for self-redevelopment

Time of India

6 days ago

Mumbai: In a boost for self-redevelopment, a govt-appointed committee has proposed offering 10% additional carpet area to residents of housing societies opting for the scheme.
In self-redevelopment, residents redevelop their buildings themselves without a builder. This allows them to enjoy all the construction benefits and profits, which would otherwise go to the developer.
On Monday, a committee headed by BJP MLC Pravin Darekar submitted its report to chief minister Devendra Fadnavis at a function at Vidhan Bhavan. The recommendations will be forwarded to the housing, cooperatives and urban development departments.
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"The proposal based on the suggestions of the departments will be approved by the cabinet. The govt will issue a decision regarding the recommendations made by the study group and a report on the work done in this regard will be submitted in the upcoming session. These important decisions will help in accelerating the work of pending housing projects in the state and help Mumbaikars realise their dream of beautiful and big houses," said Fadnavis.
The committee has recommended extending the scheme to cluster redevelopment, where more than one housing society can come together for the project. The minimum area required for such cluster self-redevelopment schemes will be 2,000 sq m as against 4,000 sq m for the regular cluster redevelopment scheme.
Each occupant in a cluster self-redevelopment scheme will be entitled to a minimum of 376.73 sq ft flat. In case of non-residential occupant, the carpet area to be given in the reconstructed building will be equivalent to the carpet area occupied in the old building.
In case of slum-dwellers, the household will be entitled to 300 sq ft.
It has been recommended that the scheme must apply to cooperative housing societies on private plots, cessed and non-cessed buildings, Mhada buildings, BARC, buildings on BPT lands and even slums.
The committee has proposed that the district co-op bank, which provides loans for such self-redevelopment schemes, should allow the land and sale component to be mortgaged to the apex state cooperative bank.
For this, it has requested the govt to direct the apex bank to make the necessary amendments. It has further recommended that agencies such as NABARD should provide funds for self-redevelopment projects. The govt must also ask HUDCO to give loans to district cooperative banks in urban areas to finance such projects.
To encourage self-redevelopment in slums, it has been suggested that the govt set up a separate Slum Self-Redevelopment Authority.
Just as the govt has allowed housing societies on occupancy class II lands to convert it to freehold, it must allow slum cooperative housing societies to own their land be it state, central or semi-govt agency lands. It has recommended linking the PM Awaas Yojana to this scheme.
With regard to Metro Line 3, it has recommended that for affected buildings, govt should take up a time-bound programme and all buildings on either side of the underground metro that are dilapidated and are likely to be impacted once the underground metro becomes operational should be declared project-affected and a new regulation formulated in DCPR-2034 for their redevelopment.