With just around 10% of the city’s development plan implemented, the Brihanmumbai Municipal Corporation (BMC) wants to give incentives to owners of private plots reserved for civic amenities under accommodation reservation.
The civic body has proposed to give private owners more Transfer of Development Rights (TDR) in lieu of handing over the amenity plots.
This was one of the last few proposals that were sent to the state government by former civic chief Subodh Kumar. Kumar said, “Such incentives are needed to ensure that private owners part with their plots that have been reserved for markets, nursing homes, dispensaries and libraries, among others.”
At present, the owner has to build 50% of the built-up area on 40% of the total plot and hand it over to the civic body free of cost. For the rest of the plot, the owner can use the total Floor Space Index (FSI), but the TDR potential will be of the remaining land.
This means the owner loses out on TDR potential of the entire plot.
Now, the civic body has proposed to make two policies — for plots measuring less than and more than 2,000 sqm.
For plots that are less than 2,000 sqm, the owner can develop the plot to its full potential after developing 50% of the built-up area on 40% of the plot. Hence, this would mean that the TDR that the owner can utilise on the plot increases by 50%.
In the second case, the owner will have to hand over half of the plot without constructing the amenity. He can then develop the plot to its full FSI and TDR potential.
Meanwhile, the civic body will floats tenders and invite the lowest bidder to build the amenity in lieu of TDR.
Experts, however, feel the proposal could lead to a construction frenzy. Urban planner Neera Adarkar said, “On one hand, the BMC is trying to increase public amenities, but on the other it is allowing builders to develop massive structures by increasing the plot’s potential.”
Architect and urban planner Pankaj Joshi said it was unfair to only compensate private developers.
“If the BMC wants to give incentives for acquisition of plots, then it should compensate everyone affected by DP reservations.”