Govt. of Maha to sanction additional FSI for affordable housing

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The State Government has sanctioned several Development Plans in Maharashtra so far under the under the provisions of the Maharashtra Regional & Town Planning Act 1966. This time Government of Maharashtra has declared the housing policy is to facilitate affordable housing and create adequate housing stock for Lower Income Group (LIG) and Economically Weaker Section (EWS) on ownership or rental basis both.
According to reports Government of Maharashtra this time not only have good news for common people but private land owners and MHADA too, as Govt. have opinion that “such housing stock can also be created on private land by incentivizing the owners with an additional FSI in Joint Venture with MHADA.”
In accordance with the provision contained in section 37(1AA) Government invited to private developers, land owners and MHADA for Development of Affordable Housing on the basis of following conditions.
Total Permissible FSI shall be 2.5 on gross plot area including basic (normal) FSI permissible as per prevailing Development Control Regulations.
The additional FSI over and above the basic (normal) permissible FSI shall be shared as 50:50 basis between MHADA and land owner, and is to be utilize as per the following guide lines.
The basic (normal) FSI permissible shall be utilized by developers as per prevailing Development Control Regulations.
50% of the FSI over and above the basic (normal) shall be utilized by the private owner/ developer for construction of EWS/LIG houses for MHADA and handover the same to the MHADA subject to following conditions.
The development proposal shall be submitted by the land owner to MHADA.
The land owner shall state the rate of the tenement in rupees per sq. mt. in the proposal. This rate shall be approved by the committee consisting of Chief Officer MHADA, Collector of the district and Divisional Deputy Director of Town Planning.
This rate shall not be more than cost of the construction of tenement.
Tenement which will be handed over to MHADA shall not be in a separate building but shall be in the same building of free sale tenements.
Private developers/ land owners shall be entitled to utilize remaining 50% FSI over and above the basic (normal) FSI for construction of LIG and MIG houses for sale in market by them.
A premium at the rate of 5% of the Ready Reckoner value shall be paid by the land owner/ developer to Planning Authority for the additional FSI over and above the basic normal FSI. This premium should be utilized by the Planning Authority for creation/ augmentation of offsite infrastructure.
Minimum area of land for such scheme shall be 2000sq. mt.
This scheme shall not be applicable in the congested area and where TDR permissible less than 0.6.
This scheme shall be allowed in residential and other zone in Development Plan where in residential development is otherwise permissible.

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