Mumbai: Government to dole out more sops to slum developers

  • | Tuesday | 13th November, 2018

Apart from this, fresh concessions are expected in case of slum redevelopment schemes involving the clubbing of two or more plots. Slum redevelopment projects, which offer high saleable area incentives, are already considered a goldmine for developers. (Representational)IN THE run-up to the 2019 Lok Sabha polls, the state BJP government is set to announce more sops for developers of Mumbai’s slums. (Representational) Government is set to announce more sops for developers of Mumbai’s slums. The Fadnavis government has already made the slum redevelopment more lucrative.

Government is set to announce more sops for developers of Mumbai’s slums. (Representational) Government is set to announce more sops for developers of Mumbai’s slums. (Representational) IN THE run-up to the 2019 Lok Sabha polls, the state BJP government is set to announce more sops for developers of Mumbai’s slums. Sources said the fresh concessions for slum developers will be included in the notification regarding corrections to be made to the excluded part (EP) of Mumbai’s new development control regulations (DCR). Slum redevelopment projects, which offer high saleable area incentives, are already considered a goldmine for developers. Earlier, the chief minister-led urban development (UD) department had deferred the date of the implementation of the EP, contending that there were “typographical errors and mistakes in the EP notification (published previously) that required corrections.” While it had originally fixed October 24 as the date for the implementation, this was later postponed to November 13. Sources said that the postponement was also on account of fresh sops that the government plans to extend to construction industry players, especially those involved in slum redevelopment projects. Mumbai’s new DCR came into force on September 1. But major modifications in the permissible floor space index (FSI) for various development and redevelopment schemes in the DCR were sanctioned as part of the EP, which received the government’s nod on September 21. While a proposal to make 51 corrections (mostly of typographical nature) was submitted to the chief minister’s office on October 15, an approval was kept pending. The Fadnavis government has already made the slum redevelopment more lucrative. On September 21, while sanctioning the EP, the government increased the minimum tenement size of a rehabilitation home from 269 sq feet to 300 sq feet. While wooing the slum voter ahead of the polls was the main purpose behind the move, this has also resulted in an upward revision in the developer’s sale incentives, which is linked to the area utilised for rehabilitation. The government also lifted the cap on maximum permissible FSI on a slum plot, which had previously been capped to 3 FSI for controlling population densities on slum lands, and changed the FSI computation formula by linking it to the boundary of the slum plot instead of the area occupied by slum structures. Now, despite opposition from activists and a section within the bureaucracy, sources said that the government is likely to relax the condition regarding the space between two slum rehabilitation buildings, a move that will further enhance the overall building footprint of the redevelopment project. Apart from this, fresh concessions are expected in case of slum redevelopment schemes involving the clubbing of two or more plots. The slum redevelopers lobby has also been demanding that for such schemes, permission to locate the rehabilitation component anywhere in the city be granted. As per current regulations, the rehabilitation component is to be built either on the same plot or on a similar value plot in the same or the adjoining ward. For all the latest Mumbai News, download Indian Express App

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