MHADA asks return of FSI 4 for redevelopment of its Mumbai colonies

Q: MHADA has asked the government to restore the FSI for redevelopment of its colonies to 4from the current 3.

khushisha, Mumbai

28th September 2015

Real estate News in Mumbai

real estate

affordable housing

fsi

floor space index

mhada

maharashtra housing and area development authority

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Replies (3)

You are right. Mhada should not sell its land and allow a portion to be used for luxury construction. According to me, it is the only one in a position to bring economic balance in the real estate market.

Manilal Patel, Mumbai

30th September 2015

Comment

@And the additional FSI will be used only by Mhada to create affordable housing for low income groups.

As we all know that land is very limited in Mumbai and the only way it can be increased is through FSI. At the same time, there is a large demand for affordable housing. But not enough stock is created. His main intention is to serve to this part.

Manilal Patel, Mumbai

28th September 2015

Comment

Earlier in 2010, the redevelopment policy got a huge response and MHADA earned a revenue of Rs. 2518 crore and about 1100 houses of 484 sq-ft were constructed.

Jerome Fernandez, Mumbai

28th September 2015

Earlier, government's decision to stop the policy had resulted in 250 proposals being stuck. To allow the utilization of FSI, Zende-Patil has proposed that in case it can not be used on the same plot, it should be allowed to be used on other buildings in the same ward. He has further told that in the case of plots that are less than 2000 sq-m, the society should be given the option of either paying MHADA or creating housing stock for it. In case of plots above 2000 sq-m, the option will be creating housing stock.

Shantanu Kumar, Mumbai

28th September 2015

I think the housing problem can never be solved until MHADA starts producing affordable housing in large numbers.

FSI must be increased, but the entire FSI must be used solely for affordable housing.

Chandan Thanki, Ahmedabad

29th September 2015

Hi,
Vice-president of MHADA, Sambhji Zende-Patil, told that he has proposed FSI 4 as proposals for redevelopment of Mhada colonies. But it has dropped badly after the change in policy. The BMC, in its draft Development Control Regulations, to be implemented with the new Development Plan, though on hold, has proposed FSI 5 for Mhada and FSI 8 for some private plots. He want that till the new DCR is implemented, the government allow FSI 4.

Manilal Patel, Mumbai

28th September 2015

Comment

It's true Mani,
Mhada has debated that with FSI 4 it will be able to provide 1.5 lakh flats in the affordable segment while with FSI 3, can construct only 47000 houses. The state government reduced FSI to 3 after it realized that in effect FSI actually raised to as much as 5.6 in 2013.

Shantanu Kumar, Mumbai

28th September 2015