Mhada Redevelopment under 33(5)

Q: I stay in Mhada colony in Mumbai. There are 50 buildings in this colony which was built in early 50s. All 50 societies decided to go for clustuer development under DCR 33(5) and formed a federation. The redevelopment procedures are followed as per 79(A) guidelines. Now we are at the stage, where 5 builder/developer are finalized and each member has to select the developer in the AGM. All 5 builders are offering different carpet area and different the corpus. Few developers are offering the carpet area as per the entitlement rules under 33(5) and claims that developer can not offer additional area from the sale component. If this is done then it violates the law. Can developer offer more than the entitled area to us, if there is no impact to the Mhada entitled area and developer is willing to take hit on his on sale component?

raja, Mumbai

4th September 2015

Other in Mumbai Central, Mumbai

redevelopment policy

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Replies (2)

What is the monetary premium have to pay to mhada for redevelopment under 33(5) for plot are less that 2000 sq mt?

Magbul Mr, Mumbai

29th October 2018

Comment

Hi Raja,
Yes, a developer is entitled to offer you more are in following circumstances:- A basic entitlement of 35% above the existing Carpet Area or 300 sq-ft. whichever is higher guaranteed as per Redevelopment of MHADA Colonies in Mumbai under 33(5).
Incentive higher carpet area for cluster redevelopment.
Incentive higher carpet area for redevelopment by MHADA.
Incentive to developer for redevelopment based on the ratio LR/RC
Sharing of balance FSI between MHADA and Society.

If they are not ready to give you the additional area from the sale component and violating the law, you are free to take the service of other developers. Raise the issue in the AGM and avoid developers.

Shaunak Verdla, Mumbai

7th September 2015

Comment

Here are the incentive Carpet Area for Cluster Development :-
If the area of the plot upto 4000 sq-m under redevelopment incentive will be nil, 4000 sq-m to 2 Hect, incentive will be 15%, 2 Hect to 5 Hect, incentive will be 25%, 5 Hect to 10 Hect, incentive will be 35% and above 10 Hect, incentive will be 45%.

Ashish Sharma, Mumbai

7th September 2015