Private developers to boost mission 11 lakh affordable homes

Navi Mumbai set to get lion’s share of the promised 11 lakh affordable homes in MMR — 7.9 lakh — by 2022.

Written by Shalini Nair | Mumbai | Published:April 27, 2015 2:21 am
 affrodable homes, mumbai homes, MMR, Mumbai metropolitan region, MHADA, SRA, devendra fadnavis, fadnavis govt, mumbai news, city news, local news, maharashtra news, Indian Express A large portion of the proposed homes in Mumbai are to expected through Slum Redevelopment Authority (SRA) schemes which is estimated to yield 2.34 lakh homes over the next seven years.

More than 90 per cent of the 11 lakh affordable houses that the state government has promised to deliver by 2022 in the Mumbai Metropolitan Region (MMR) are estimated to come from projects by private developers. Also, nearly 44 per cent of the total houses would have a larger carpet area ranging from 600 sq ft to 800 sq ft and above according to the yet-to-be released draft housing policy which states that its main thrust would be creation of homes for those from the economically weaker sections, low and middle income groups.

mumbai textA major chunk of the promised affordable homes, that is 7.9 lakh, are proposed to come up in Greater Mumbai while the remaining would be mainly in Thane, Navi Mumbai, Mira-Bhayander, Vasai-Virar and Ulhasnagar areas of MMR. Of the total houses in Mumbai, merely 75,000 will be built by Maharashtra Housing and Area Development Authority (MHADA) and sold at affordable rates. The rest is proposed to be created by private developers, where the prices would be determined by market forces.

A large portion of the proposed homes in Mumbai are to expected through Slum Redevelopment Authority (SRA) schemes which is estimated to yield 2.34 lakh homes over the next seven years. Of this, 1.38 lakh homes will be for rehabilitating the existing slum residents.

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The remaining houses will be developers’ sale component comprising larger areas. Over the past 17 years since the scheme was first formulated, only a little more than lakh tenements have been built for slum residents under this scheme. In addition to SRA, much of the remaining houses are proposed to be built through other existing schemes that incentivise developers with extra construction rights in return of rehabilitating those living in old cessed buildings, in existing MHADA colonies or through cluster redevelopment. It also takes into account generation of housing stock through redevelopment projects that have long been in the pipeline such as the reconstruction of BDD chawls and police housing quarters as also greenfield projects by builders.

“We have proposed a mission under the chief secretary that will meet to monitor the implementation of the target. A quarterly report, prepared by the mission, will be placed before a cabinet sub-committee on housing that will be headed by the CM,” said a senior official.

The mission will also comprise secretaries of all the departments concerned and commissioners of key planning agencies and municipal corporations. The policy is expected to be released soon and has set a target of creating 19 lakh homes across the state by 2022.

shalini.nair@expressindia.com

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