THE revised draft of the Development Control (DC) regulations released on Sunday proposes additional Floor Space Index (FSI) for redevelopment of buildings older than 30 years that have already consumed the plot’s maximum permissible FSI. The move can provide hope for buildings such as Campa Cola compound in Worli that have built-up space beyond permissible FSI limits, disallowing them to go in for redevelopment.
Under this provision, tenants of such buildings will be incentivised by giving them the cost of construction in the form of built-up area. Such buildings would be eligible for built-up area equalling 1.5 times the rate of construction per sqm. Officials in the Development Plan said this move aims to encourage housing societies that are unable to afford redevelopment to now opt for self-development.
Residents of the Campa Cola compound, who have been in talks with the Urban Development department for regularisation of the illegal flats, consider this provision to be a welcome alternative. “We are very hopeful about the ongoing meetings with the UD department.
However, it is a relief to get another solution,” said one of the residents, requesting anonymity. The resident pointed out that at least five out of the seven buildings in the compound are 30 years old and, therefore, likely to be eligible for this solution.
“Redevelopment can be quite tough since it is a challenge to convince seven housing societies to agree. Also, the buildings are in the CRZ area and we will need to ascertain whether the provision applies,” he said.
The new provision states that the age of a building shall be calculated from the date of Occupation Certificate or from the first date of assessment as per the property tax record in respect of such building, available with the MCGM till January 1 of the year in which a complete redevelopment proposal is submitted to the civic chief.
The DC regulations on additional FSI propose to boost affordable housing too by allowing an FSI of 4 for development or redevelopment of plots reserved for affordable housing on lands belonging to the civic body, the state government and other appropriate authorities.
The construction of government offices as well as staff quarters on lands belonging to public authorities or in private hands have also been incentivised. While government offices earlier were allotted an FSI of 4 and staff quarters an FSI of 3 or 4, the current draft increases the FSI to 5 and 4 respectively.
Under the staff quarters’ project on lands belonging to public authorities, the municipal commissioner may permit a third of the total permissible FSI for construction of free sale area in order to recover the cost of the project which will preferably be constructed in a separate block.
The provision also applies to buildings belonging to medical, educational buildings, which will be allowed an FSI of 4 as well as incentivise the existing cattle sheds in the suburbs by offering additional FSI of 33 per cent above the zonal permissible FSI.