Maharashtra govt could modify rules to boost self-redevelopment

Maharashtra govt could modify rules to boost self-redevelopment
08/01/2019 , by , in News/Views

The state government could amend the new development control rules to encourage self-redevelopment. This is a model where residents redevelop their properties without a builder to corner all the benefits.

The housing department will table a proposal before the state cabinet after deliberations with departments such as urban development, cooperation and revenue, BhushanGagrani, principal secretary in the chief minister’s office stated.

On Saturday morning, the self-redevelopment model received its first major push with a full-fledged brainstorming meeting with all the stakeholders in chief minister DevendraFadnavis’ war room in Mantralaya. The meeting was chaired by Gagrani following the CM’s directive.

Saturday’s meeting was attended by officials from various state departments, housing authority Mhada, housing activist ChandrashekharPrabhu, who has authored the policy, Mumbai District Central Cooperative Bank chairman Praveen Darekar, and housing society members. The cooperative bank’s officials made a presentation on the self redevelopment model. The bank has sanctioned Rs 75 crore and has given an in-principle approval to sanction Rs 780 crore to redevelop 19 housing societies. Gagrani said the government may later issue an administrative order to streamline and boost the self-redevelopment model.

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