Hi Praveen & Sunil,

The Maharashtra government 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", Maharashtra 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

Comment

It seems builder are going to get 20 extra floor space index as an incentive for the 20 percent reservation for public housing.

Shantanu Kumar, Mumbai

17th November 2013

Comment

The developer and the builders has got permission to utilize one-fourth of the 20% FSI towards construction of service quarters on the same plot but in a separate block which is earmarked for affordable housing. The developer has to sell it as service quarters in the open market under the scheme.

Praveen Modi, Mumbai

17th November 2013

Yes this will definately going to help the economic weaker section people as well as the lower income group who will be allotted 323 to 528 sqft tenements through a lottery by the state housing authority ie Mhada.

Lalit Verma, Mumbai

17th November 2013

Comment

The land owners or the developers first has to sell the flats or plots to Mhada or allottees selected by Mhada at construction rates decided by the inspector general of registration, Pune. First the developer has to get occupancy certificate for affordable housing then only they will get OC for the other 80 percent housing, which the developer can sell in the market at market rates.

Praveen Modi, Mumbai

17th November 2013

Yeah even I read in some newspaper that according to a state government notification issued last week, if the builder is constructing a housing project on a 4,000 sq m (acre) plot have to keep 20% of the area for affordable housing.

Sunil Joshi, Mumbai

17th November 2013