In a significant move, the state
cabinet on Wednesday 7 August approved a new policy to provide housing for
individuals displaced by various infrastructure projects in Mumbai. Under this policy, government land, salt
pan land under the central government's jurisdiction, and land owned by Mumbai
Port Trust will be utilized to build flats for those affected by these
projects. The city's development department will oversee the acquisition
and allocation of these lands.
Mumbai is currently undergoing numerous
infrastructure developments, which have led to the displacement of many
residents. The
delay in providing housing for these project victims has resulted in prolonged
litigation and project delays. To address this issue, the cabinet has
sanctioned a policy aimed at accelerating the construction of flats for those
impacted by such projects.
The Brihanmumbai Municipal Corporation (BMC), Slum
Rehabilitation Authority (SRA), and Mumbai Metropolitan Region Development
Authority (MMRDA) will be responsible for preparing a detailed action plan to
ensure the availability of an adequate number of flats over the next 15 years.
These authorities are required to
assess the number of flats needed over the next 3 to 5 years to ensure the
economic viability of the project. They are also tasked with improving the
Transfer of Development Rights (TDR) generation and its utilization.
Additionally, developers who provide project-affected flats through the
amalgamation of various planning authority schemes will be permitted to adjust
up to 50 percent of the premium from the units offered for sale.