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Time of India
7 days ago
- Business
- Time of India
Maharashtra housing policy aims to provide houses for all and make state slum-free
MUMBAI , Providing affordable and adequate housing for all residents, redeveloping old buildings, and transforming slums through public-private partnerships are key components of the Maharashtra government's new housing policy "My House, My Right". A Government Resolution on the policy, approved by the state cabinet in May, was issued by the Housing Department on Wednesday. The government expects an investment of Rs 70,000 crore during the implementation of the policy. With its focus on "Housing for All", the policy aims to achieve a slum-free state by emphasising economically weaker sections, lower income and middle income segments. The government proposes to construct 35 lakh houses over the next five years, with the ultimate target to build 50 lakh houses over ten years. The policy proposes a comprehensive and statewide survey to assess the current and future housing needs. The survey, expected to be completed by 2026, forms a key part of the policy framework, the GR stated. The policy aims to conduct a comprehensive slum rehabilitation and redevelopment programme, redeveloping old buildings to improve living conditions, optimising land use and transforming slums through public-private partnerships. "It promotes inclusive housing by capturing resources created by the private market, integrated townships that offer affordable housing with essential services, and industrial workers' housing to ensure proximity to workplaces. The low-income groups, senior citizens, women, industrial workers and students will be given a priority in the policy", the GR stated. It stated that the government plans to increase the size of MahaAwas Fund to Rs 20,000 crore. "The ultimate target is to build 50 lakh houses in the next 10 years. To achieve this target, existing provisions under the Development Control and Promotion Regulations and Unified Development Control and Promotion Regulations and relevant institutional frameworks will be strengthened and modified as needed", it said. The GR stated that the State Housing Information Portal (SHIP) will soon be developed to provide information on housing development through government and private sector partnerships, developers, and state-run undertakings. It said the affordable housing has been given the infrastructure status, which will enable developers to avail external commercial Borrowing (ECB) and FDI for their projects. The affordable housing sector is also eligible for Priority Sector Lending (PSL) from banks and HFCs. Under the "Walk to Work" concept, around 10 to 30 per cent of land should be reserved for housing in MIDC (Maharashtra Industrial Development Corporation) areas. "Such land should be handed over to the appropriate authority at the applicable acquisition price, so that authority can create adequate housing stock in such areas. The authority can also partner with the private industries to provide housing for industrial workers in a PPP model", it said. The policy proposes to reserve 10 per cent to 15 per cent of the land suitable for housing projects adjacent to the ambitious infrastructure projects (Samruddhi Expressway and Delhi-Mumbai Industrial Corridor). Green building initiatives will be undertaken to promote sustainable development through eco-friendly practices and certifications. To ensure inclusive development, the policy will address affordable housing for other vulnerable groups, such as senior citizens, working women, students, Project Affected Persons (PAPs) and migrant workers. Amid burgeoning challenges due to climate change, the policy advocates construction of resilient and adaptable houses. The policy proposes a slew of incentives including single-window clearance, one per cent GST, floor space index (FSI) up to 2.5 per cent, commercial use permitted up to 10 per cent of utilised FSI, concession in development changes, waiver of registration and stamp duty charges to the operators, reduced property tax for the first ten years of operation and 100 per cent deduction on the profit of operating student housing. It stated that slum rehabilitation schemes on public land can be implemented in a joint venture by setting up a Special Purpose Vehicle (SPV) and adopting the Dharavi model of 20:80 redevelopment. For this purpose, the initiative will require the Slum Rehabilitation Authority (SRA) to set up a special purpose company in which the SRA should hold a 20 per cent stake with voting rights. The GR stated that the planned survey to assess current and future housing needs across all districts will serve as the foundation for future policy-making, enabling data-driven decisions on housing development, resource allocation, and prioritisation of infrastructure. The exercise will include assessment of the existing housing stock, socio-economic profiles of households, and the availability of basic infrastructure and civic amenities. A major focus of the survey will be the detailed analysis of housing demand. The government aims to capture demands across various income groups and geographical areas. The policy will also facilitate a comprehensive land bank database to identify government-owned land parcels suitable for residential use. A survey will identify and verify government and semi-government land available for construction. The data will be compiled into a district-wise digital land bank. The SHIP portal will also facilitate coordination between state and Central departments, including the PM Gati Shakti initiative, urban local bodies, and infra agencies.
Hindustan Times
7 days ago
- Politics
- Hindustan Times
PMRDA's ₹91 crore land auction triggers backlash
PUNE Civic activists have expressed concern over the auction of land reserved for public amenities in areas where basic civic services remain The Pune Metropolitan Region Development Authority (PMRDA) has launched an auction of 35 public amenity plots across key areas in Khed, Haveli, Maval, and Mulshi talukas, with a total base value estimated at ₹91 crore. However, the move has come under fire from civic activists, who argue that the targeted localities still lack essential infrastructure such as drinking water supply, primary healthcare centres, police chowkies, public gardens, and playgrounds. PMRDA is asking for a 5% earnest money deposit (EMD) for each plot, with amounts ranging from ₹84,000 to ₹25 lakh, depending on the plot's location and size. Civic activists have expressed concern over the auction of land reserved for public amenities in areas where basic civic services remain underdeveloped. 'There is no water supply, no healthcare, no police presence, no open spaces — and yet PMRDA wants to sell land earmarked for public use,' said Ravindra Sinha, a civic activist. 'This is a misuse of land intended for community welfare.' Sinha also questioned the timing of the auction in the absence of a comprehensive Development Plan (DP). 'How can the administration proceed with the auction without a proper DP in place? Once the Detailed Project Report (DPR) process begins, where will the land for essential public facilities come from?' he said. Residents have also raised concerns about transparency and ownership history, questioning whether the auctioned plots were originally surrendered by developers as part of mandatory development obligations. They are urging housing societies and local residents to verify whether the auctioned plots match survey numbers within their layouts. Civic groups have called for the auction process to be suspended until essential services are established and public consultations are conducted. They argue that disposing of amenity land without community consent could permanently deprive the region of much-needed public infrastructure. PMRDA published details of the auction on its website on July 21 and through e-auction portals. The auction is scheduled to conclude by August 10. A senior official from PMRDA's Land and Estate Department defended the move, stating that the auction complies with the Unified Development Control and Promotion Regulations (UDPCR). 'There are 19 specified public purposes listed in the UDPCR. Of the 35 plots, three have been reserved for uses such as libraries or music schools. These plots can only be developed for their designated purpose. There is no issue with the auction process and as long as the plots are developed in accordance with their reservation, the auction is well within the regulatory framework,' the official said.
Hans India
23-07-2025
- Business
- Hans India
Maha housing policy sets ambitious target of construction of 35 lakh houses
Mumbai: In a serious bid to pursue its vision of 'My House, My Right', by 2030, the Maharashtra government on Wednesday released a government resolution on the Housing Policy 2025. The government, which expects an investment of Rs 70,000 crore during the implementation of this ambitious housing policy, proposes to construct 35 lakh houses in five years. Further, the government plans to increase the size of MahaAwas Fund to Rs 20,000 crore. The ultimate target is to build 50 lakh houses in the next 10 years. To achieve this ambitious target, existing provisions under the Development Control and Promotion Regulations/Unified Development Control and Promotion Regulations and relevant institutional frameworks will be strengthened and modified as needed. Additionally, active participation from the private sector will be promoted through a range of incentive-based measures. The government proposes to carry out a comprehensive programme for slum rehabilitation and redevelopment. The specific needs of low-income earners, senior citizens, women, industrial workers and students will be given priority consideration in the policy. The district land banks of the government and semi-government lands will be created. The state-level portal will soon be developed for providing information on housing development through government-private sector partnership, through developers and also through state-run undertakings. The policy, which focuses on housing for all, also aims to achieve a slum-free state by laying emphasis on the economically weaker sections (EWS), lower income group (LIG) and middle income group (MIG) segments of the policy. The policy proposes affordable housing initiatives, redevelopment of old buildings to improve living conditions and optimise land use and transforming slums through public-private partnerships. It promotes inclusive housing by capturing resources created by the private market, integrated townships that offer affordable housing with essential services, and industrial workers' housing to ensure proximity to workplaces. Affordable housing has been given infrastructure status. This enables the developers to avail of External Commercial Borrowing (ECB), Foreign Direct Investment (FDI) for their projects. It is also a sector eligible for Priority Sector Lending (PSL) from Banks and HFCs. On the concept of Walk to Work, around 10 per cent to 30 per cent land should be reserved for housing in MIDC (Maharashtra Industrial Development Corporation) areas. Such land should be handed over to the appropriate authority at the applicable acquisition price, so that authority can create an adequate housing stock in such areas. The authority can also partner with the private industries to provide housing for industrial workers in a PPP model. The policy proposes to reserve 10 per cent to 15 per cent of the land suitable for housing projects adjacent to the ambitious infrastructure projects (adjacent to Samruddhi Highway, Delhi Mumbai Industrial Corridor). The policy focuses on green building initiatives to promote sustainable development through eco-friendly practices and certifications. To ensure inclusive development, the policy also attempts to address affordable housing for other vulnerable groups such as senior citizens, working women, students, Project Affected Persons (PAPs) and migrant workers. Senior citizen housing addresses unique safety and accessibility needs, and community support, and housing for students and working women ensures safety and affordability. Project-Affected Persons (PAP) housing provides solutions for those displaced by development projects. Affordable rental housing schemes cater to transient populations, including migrant workers and students. Affordable Rental Housing Complexes (ARHC) scheme under PMAY and rental housing projects under other state schemes will be leveraged to provide rental housing for migrant industrial workers. Amid burgeoning challenges due to climate change, the policy advocates the construction of resilient housing towards climate change mitigation and adaptation. Such housing is designed to minimise damage, reduce vulnerability and reduce the impacts of adverse weather conditions. The policy proposes a slew of incentives including single window clearance, 1 per cent GST, floor space index (FSI) up to 2.5 per cent, commercial use permitted up to 10 per cent of utilised FSI, concession in development changes, waiver of Registration and Stamp Duty charges to the operators, reduced Property Tax for first ten years of operation and 100 per cent deduction on the profit of operating student housing. In case of slum rehabilitation schemes on public land, the slum rehabilitation schemes can be implemented in a Joint Venture (JV) by setting up a Special Purpose Vehicle (SPV) and adopting the Dharavi model of 20:80. For this purpose, the initiative will require the Slum Rehabilitation Authority (SRA) to set up a special purpose company in which the SRA should hold a 20 per cent stake with voting rights. In order to promote adoption of new and innovative construction technologies and cost-effective, environment-friendly, locally available and disaster-resilient construction materials, the government has offered sops including income tax deductions on expenses on innovative construction technology, reduced GST on materials and a technology innovation grant. In order to promote construction finance, the government proposes to set up state state-level distressed asset fund, an amnesty scheme and interest-free loans. In addition, a state-level constitution fund will be set up to support affordable housing and housing projects by public authorities, public-private partnerships, as well as projects by private developers.
Indian Express
23-07-2025
- Business
- Indian Express
State releases Housing Policy 2025, targets to build 50 lakh houses in 10 years
In a bid to pursue its vision of 'My House, My Right' by 2030, the state government on Wednesday released a resolution on the Housing Policy 2025, for the implementation of which the government is expecting an investment of Rs 70,000 crore. According to the policy, the government proposes to carry out a comprehensive programme for slum rehabilitation and redevelopment. The specific needs of low-income earners, senior citizens, women, industrial workers and students will be given priority consideration in the policy. As part of the policy, the government proposes to construct 35 lakh houses in five years. Further, the government plans to increase the size of MahaAwas Fund to Rs 20,000 crore. 'The ultimate target is to build 50 lakh houses in the next 10 years…To achieve this ambitious target, existing provisions under the Development Control and Promotion Regulations/Unified Development Control and Promotion Regulations and relevant institutional frameworks will be strengthened and modified as needed. Additionally, active participation from the private sector will be promoted through a range of incentive-based measures,' the policy said. 'The state level portal will soon be developed for providing information on housing development through government private sector partnership, through developers and also through state-run undertakings,' it said. The policy, which focuses on housing for all, aims to be a slum-free state by laying emphasis on economically weaker sections (EWS), lower income group (LIG) and middle income group (MIG) segments of the policy. The policy proposes affordable housing initiatives, redevelopment of old buildings to improve living conditions, optimization of land use and transformation of slums through public-private partnerships. It promotes inclusive housing by capturing resources created by the private market, integrated townships that offer affordable housing with essential services, and industrial workers' housing to ensure proximity to workplaces. Affordable housing has been given infrastructure status. This enables the developers to avail external commercial borrowing (ECB) and foreign direct investment (FDI) for their projects. It is also a sector eligible for priority sector lending (PSL) from banks and HFCs. On the concept of Walk to Work, around 10 per cent to 30 per cent land will be reserved for housing in MIDC (Maharashtra Industrial Development Corporation) areas. Such land should be handed over to the appropriate authority at the applicable acquisition price, so that authority can create adequate housing stock in such areas. The authority can also partner with the private industries to provide housing for industrial workers in a public-private partnership model. The policy proposes to reserve 10per cent to 15per cent of the land suitable for housing projects adjacent to the ambitious infrastructure projects (such as Samruddhi highway, Delhi Mumbai Industrial Corridor). The policy focuses on green building initiatives to promote sustainable development through eco-friendly practices and certifications. To ensure inclusive development, the policy also attempts to address affordable housing for other vulnerable groups such as senior citizens, working women, students, project affected persons (PAPs) and migrant workers. Amid burgeoning challenges due to climate change, the policy advocates construction of resilient housing towards climate change mitigation and adaptation. The policy proposes a slew of incentives including single window clearance, 1 per cent GST, floor space index (FSI) up to 2.5 per cent, commercial use permitted up to 10 per cent of utilised FSI, concession in development changes, waiver of registration and stamp duty charges to the operators, reduced property tax for the first 10 years of operation and 100% deduction on the profit of operating student housing. In case of slum rehabilitation schemes on public land, the slum rehabilitation schemes can be implemented in a joint venture by setting up a special purpose vehicle (SPV) and adopting the Dharavi model of 20:80. For this purpose, the initiative will require the Slum Rehabilitation Authority (SRA) to set up a special purpose company, in which the SRA should hold a 20 per cent stake with voting rights.
Time of India
24-06-2025
- Business
- Time of India
Future plans: Villages set for urban makeover under MMRDA blueprint; Rs 325 crore road project underway
MMRDA has begun preparing a Development Plan (DP) for Alibaug and parts of Pen, Panvel and Khalapur — areas now integrated into the Mumbai Metropolitan Region (MMR). The move aims to transform the largely rural belt into an urban extension of Mumbai, with industrial clusters, residential zones, and tourism infrastructure. A major highlight is a Rs 325-crore road improvement project across 10 villages, with 10 major stretches set for concretisation. Work worth Rs 251 crore under three packages is already tendered, with a completion timeline of 24 months. While demographic surveys and infrastructure studies are ongoing, the draft DP will be released for public suggestions and objections. Following are MMRDA's responses to a TOI questionnaire: ■ What prompted the inclusion of parts of Alibaug, Pen, Panvel, and Khalapur in MMRDA's planning area? Alibaug, Pen, Panvel and Khalapur were already partly included in MMR (Mumbai Metropolitan Region). Considering development potential of the talukas and influence of MMR, remaining parts were included on Sept 9, 2019. To channelize development, a Development Plan was essential. Therefore, Urban Development Department appointed MMRDA as Special Planning Authority in MMR's Extended Notified Area. ■ How will this benefit the residents? The Development Plan (DP) will enable organised development and encourage industrial, residential and commercial, recreational and employment generating activities in the sub-region. ■ Are development control regulations ready for the region? The Unified Development Control and Promotion Regulations are applicable for the area. The DP being prepared by MMRDA is at its early stage, the draft will be ready for publication in due course. ■ Do you see Alibaug as a prospective industrial zone or tourist zone or an extended suburb of Mumbai? Alibaug taluka is now an integral part of the metropolitan region as an extended suburb of Mumbai via sea route. It is an established tourist destination. MMRDA envisages its development into an upcoming urbanised area with secondary and tertiary industries, residential and tourism belts. ■ What will be the status of agriculture in the area? Land suitable for agriculture and already under cultivation will be maintained. ■ What kind of expansion is planned in terms of water supply, garbage management, transport, and electricity for Alibaug? Outside Alibaug council limit, the rest of the taluka is rural. The Draft DP will consider these aspects. A study of infrastructure in rural areas is underway to plan for balanced development. ■ Are there numerical projections for population for the region? Demographic data collection and projections are part of the study for the ongoing Draft DP. ■ Who will clear the big projects? The DP is being prepared in consultation with the Town Planning department. Data of physical and social infrastructure, industries, demography etc. is being collected. ■ Has MMRDA engaged with local stakeholders, panchayats, and residents regarding development in the region? Draft DP once prepared, will be published for inspection and providing suggestions. Public consultation will be carried out. 10 villages in alibaug identified for road development Vave | Beloshi | Mahajne | Mahan | Phansapur | Gaychole | Katalpada | Awas Phata | Bhonang-Talavali | Chowl Timeline for completion of 325-cr road project : For work totalling 251 cr of 325 cr, construction period is 24 months (including monsoon) Poynad Growth Center to impact Alibaug? Poynad Junction Growth Center was notified in Final Regional Plan 2016-36. Significant development potential is seen in this area in Alibaug taluka. But MMRDA is not Planning Authority for this area.
