Looking to fast-track redevelopment of some of the oldest buildings in the island city and generate a sizable number of tenements to sell in its lottery as affordable housing,the state housing authority has decided to issue tenders and take up the redevelopment of 27 cessed buildings that it had acquired.
Satish Gavai,chief executive officer of the Maharashtra Housing and Area Development Authority (MHADA),said the housing authority had issued Letters of Intent (LoIs) for redevelopment of these buildings as a joint venture with private developers.
As no work had started,these LoIs were cancelled about a year-and-a-half ago. MHADA has decided to take up their redevelopment by itself. We will issue tenders for the same, Gavai said.
He added that the redevelopment of these properties,the plot size of which ranges from 700 sq m to more than 4,000 sq m,is likely to generate an additional stock of 2,200 houses.
We will get these tenements at prime locations in the island city as most of these properties are in the C and D wards, Gavai said.
While redeveloping these plots,the authority will adhere to either the development control regulations for cluster housing if the plot size is larger than an acre,or the regulations for cessed buildings,or those for regular MHADA buildings.
The authority has also directed the chief officer of its Mumbai Repair and Reconstruction Board to scrutinise other cessed properties that it has acquired.
In the 1980s,the state government floated a tenants ownership scheme under Chapter 8A,Section 103 (B) of the MHADA Act,whereby at least 70 per cent tenants of such buildings could come together and pay the landlord hundred months rent. By doing so,MHADA could acquire the property and convey it to the tenants as a cooperative housing society.