Slums in Mumbai
Union Minister for Housing and Urban Poverty Alleviation Ajay Maken has shown pity over houses of slum dwellers in Mumbai. He has recently written to the Maharashtra Chief Minister asking him to stop the demolition work on the properties of slum dwellers. This had been done after the recent delegation of the National Alliance of [...] Continue Reading »
With the growing urbanization and the need for affordable housing in the country, Union Minister for Housing and Poverty Alleviation feels that the developers can manage the situation. The challenges of these two factors are growing in the metro cities of India, but he feels developers can handle the challenges. Approximately 50% of the population [...] Continue Reading »
The Central Government has suggested the state authorities to review the floor space index (FSI) policy again to meet the affordable housing demand in Mumbai. In a city like Mumbai where 50% of the population stays in slums, it becomes very difficult for them to afford houses near workplaces. Due to which, Union housing minister [...] Continue Reading »
Slum redevelopment schemes as well as redevelopment of old ceased-buildings are playing a key role in real estate development projects in Mumbai. The redevelopment projects will be taken on high priority as the availability of unoccupied land is very less in Mumbai. DB Realty, Tata Housing, HDIL, Unitech, Godrej Properties, Kalpataru group, Omkar Realtors, Hiranandanis, [...] Continue Reading »
565 residents of the Hazi Kasam Chawl at Lalbaug have moved to their new homes under the ambitious Cluster Redevelopment Scheme by the state government. The redevelopment project was completed by the Nish Developers and they are the first to secure permission to redevelop their seven acre property under the cluster scheme. A green building [...] Continue Reading »
The state government of Maharashtra has ordered to audit the 1.27 lakhs constructions developed under the Slum rehabilitation scheme by the private developers. The entire constructions were made during last 15 years. The government took the decision as constant complaints are rising from the slums residents. In the recent CAG report the poor quality of [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) modified the transfer of development rights (TDR) to reduce the slums area in Mumbai. The developers working to rehabilitate the slums, will get TDR benefits to construct residential and commercial spaces anywhere in Mumbai. BMC modified the TDR policies to help the residents of the slums in getting a good living [...] Continue Reading »
Mumbai developers and investors are eying on the the city’s slums as opportunity. The city is witnessing a shortage of land as the population and demand for housing rises. Due to these reasons, slums are the only places left which have the land in abundant. Many builders and investors have shown interest in redeveloping slum [...] Continue Reading »
