Govt may tweak rules for Mhada colony redevelopment

Mumbai: In a move that may impact redevelopment of many housing societies in the city, minister of state and housing Sachin Ahir said on Wednesday that the state was planning to introduce new guidelines for redevelopment of Mhada colonies 

    Ahir was replying to a discussion in the legislative council. The government permits a floor space index (FSI) of 2.5 for redevelopment of Mhada colonies. The state housing department had imposed a condition that developers either share a portion of the surplus FSI or hand over a share of the built-up tenements to Mhada. While the conditions were imposed to overcome the shortage of house, Ahir admitted that the response to it had not been satisfactory, with only seven developers/societies coming forward. 

    Opposition leader Vinod Tawde demanded a rethink of the conditions. Ahir said that a common ground, which was acceptable to both developers and Mhada, would be attempted, and a decision would be taken within one month.