CREDAI to focus on affordable housing..??

Q: Hi all..i heard that CREDAI is now focusing on affordable housing..Please give me more details on this

Deepankar Godbole, Mumbai

1st April 2013

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reduction in fsi-tdr premiums

affordable housing for the lower-middle class

housing minister prakash mehta

amendment in affordable housing rules

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Replies (7)

For that our Industry Minister Subhash Desai named for a nodal agency to synchronize between different state and central agencies like public works department and railways in the development of Mumbai and direct to make structure of operations for the best interest of the city.

Deepankar Godbole, Mumbai

25th April 2015

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Hi Puneet & Shantanu,
Even the Housing Minister Prakash Mehta recommended a decrease in FSI-TDR rates to make land available to developers in return for a specific percentage of free homes to the government, which could be sold at low prices to the poor classes.

At the same time , through this, the govt could eliminate its Rs.350000 crore financial debt pressure got from the past program.

Dev Patel, Mumbai

24th April 2015

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Hi Lokesh & Ravindra,
Have you heard the yesterday's news?
Now the affordable homes in Mumbai may not be a distant dream. As Maharashtra Government has been concerned on giving affordable housing. As per the the Maharashtra government, they will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.

Shantanu Kumar, Mumbai

23rd April 2015

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Hi Lokesh,
I don't know what CREDAI has asked for the government for the development of real estate but i heard the recent news that Maharashtra CM was speaking at a conference on "Vision Maharashtra - Housing For All by 2022" organized by National Real Estate Development Council.

As per the Maharashtra CM, they have taken this issue very seriously and are fully committed to apply it. Govt. will make the laws versatile and he am ready to face criticism.

Puneet Laskar,

24th April 2015

Right Puneet,
It s also heard that the Maharashtra government would also emphasis on developing infrastructure and the 3000 km long state highways that would be developed as national highways. He ask for the developers group to join hands with the government in building a new Maharashtra.

Shantanu Kumar, Mumbai

24th April 2015

As per Maharashtra CM, challenging laws and taxation must go to help the developers, but finally that should also result in affordable housing stocks.

But as per him, the new offered Development Control Rules for Mumbai would make sure that the optional powers of officials are decrease to the minimum for increased visibility.

Puneet Laskar,

24th April 2015

Hi Sandeep, Punjab is the best example which has successfully implemented the single window system.

Lokesh Patwa,

4th April 2013

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Is there any state who is implementing single window system..??

Sandeep Mhatre, Mumbai

3rd April 2013

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I read in news paper that CREDAI has asked the government to expedite the project approval process.And has also called upon the centre government to issue guidelines to states regarding online approvals and single window system.

Lokesh Patwa,

3rd April 2013

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