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Tuesday, April 19, 2011

Hsg body memo says state agrees to its demands

Mumbai: An internal note circulated to top builders by the out-going president of the Maharashtra Chamber of Housing Industry (MCHI) expresses hope in the "midst of negativism" in the real estate market. A letter circulated by MCHI president Sunil Mantri on April 9, said the state government had agreed to a slew of their demands. "These are a few positive pointers, which definitely shall give a breather and bring hope in the coming time," read the letter, a copy of which was made available to TOI.
    Mantri said the CM's office will be issuing directions regarding the use of 0.33 floor space index (FSI) in the suburbs. This FSI will be available to a builder in exchange for a premium. It will make them less dependent on Transfer of Development Rights. "We expect a GR would be issued after the assembly session is over. A favourable letter has already been sought from the municipal commissioner for 0.33 FSI premium, as in previous such cases."
    The MCHI president also said they were able to "convince" principal secretary T C Benjamin to issue occupation certificates in cases where the builder has already procured the basic mandatory construction permissions and paid the premium for 0.33 FSI. "The principal secretary has agreed to issue a directive to the municipal corporation to issue occupation certificate in all such cases. This will help to avoid a
writ petition, which we were intending to file. We expect that by May 10, 2011, we should have this directive issued to the municipal corporations," said Mantri.
    According to the letter the government will be issuing guidelines for old and dilapidated buildings in the island city. It said that a minister, (but did not say who) will be issuing guidelines for 3 FSI in the island city. "We expect that the GR would be issued no sooner the assembly session is over."
    MCHI members were told that a circular for the exemption of surplus land for the construction of Rental Housing Scheme by payment of premium is also expected to be issued soon.
    In his letter, Mantri said: "It is being decided that non-agriculture (NA) tax will be collected by municipal authorities immediately upon the building plan approval. This will help to save the long period required in getting NA permission from the collectorate's office and so on. A GR in this regard is expected to be issued in May 2011. This is a great achievement and I believe alarge number of our members would benefit out of this."
    He added that the BMC commissioner had agreed to issue guidelines giving open spaces concession with /without payment. "The government has agreed (on MCHI's request) to charge stamp duty on flats transactions on carpet area basis. . This will also help to push our demand for sanction of building plans on carpet area."

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