MHADA To Issue Tenders for Redeveloping 27 Cessed Buildings
With an intention to redevelop old buildings faster and add more number of affordable tenements to its list, MHADA has decided to issue tenders for redeveloping 27 old and cessed buildings it has acquired in the island city of Mumbai. Approximately 2,200 flats are expected to be build on these plots, which the housing authority will include in its lottery system.
Buildings in C and D wards to be redeveloped
Most of the buildings considered for redevelopment by the Maharashtra Housing and Area Development Authority (MHADA) are in the C and D wards of the island city. The areas include Chandanwadi, Netaji Subhash Road, Maulana Shaukatali Road, Lokamanya Tilak Marg, Grant Road, Purandare Marg, Arthur Road and few other localities.
The redevelopment was to be initially carried out on a public-private partnership (PPP) basis. The housing authority had already issued letters of intent (LoI) for redeveloping these buildings for private developers. However, since work hadn’t started, the housing body canceled these LoIs about a year-and-a-half ago. It has now decided to redevelop these buildings by itself. It is expected to call for tenders soon. Apart from these wards, MHADA will also look into other cessed properties it has acquired for redevelopment.
Adherence to DCR for redevelopment
According to MHADA, the plot size of these 27 properties ranges from 700 sq.mt (7,500 sq.ft) to 4,000 sq.mt (43,000 sq.ft). The authority has planned to adhere to either regulations for cessed buildings, cluster housing regulations for plot size of more than an acre, or regulations for regular MHADA buildings.
According to the clause 33(9) of cluster redevelopment, cessed buildings with plot size more than an acre (4,000 sq.mts) in the island city of Mumbai are eligible for cluster redevelopment. These buildings must be built before September 1969 to be eligible for cluster redevelopment. An incentive FSI of 4 or additional 50-75% is available for redeveloping these buildings depending on the size of the plot. Under clause 33(7) of DCR, FSI for redeveloping cessed buildings varies from 2.5 of gross plot area to an additional incentive FSI of 70% depending on the category of the cessed building and number of plots being redeveloped.
