The state government is all set to restructure the controversial public parking policy, which has come under flak for doling out exorbitant Floor Space Index (FSI) to builders.
Following directive of chief minister Prithviraj Chavan, the state's urban development department has asked municipal commissioner Subodh Kumar to restructure the policy, which is expected be submitted in a week.
According to the new policy, the public parking projects will be allowed only in the areas where there is need for parking spaces and the parking floors will be restricted to four.
Significantly, the projects that are yet to get commencement certificate for construction will now be subject to the provisions of the revised policy.
Of the 28 approved proposals, only 10 will be allowed to proceed further according to the old policy. Aseem Kumar Gupta, additional municipal commissioner, said that the remaining would have to follow the new policy.
Experts and builders have called the policy change a classic example of flip-flop on the part of the state government.
“There is no clear cut policy and the result is that development of the city suffers,” said Vilas Avachat, former president, Indian Institute of Architects.
The state government had floated a policy where it provided additional buildable area to those builders who constructed public parking slots.
While the motive was attributed to decongesting roads, it was seen that majority of the projects — more than 20,000 — were slots allotted to mill land area of the island city (Lower Parel-Worli).
The Maharashtra Chambers of Housing Industry (MCHI) had said the policy was tailored to suit a few favoured builders.
“The new rules should be just and all should be get benefits irrespective of the clout the builder commands with the state government,” said Sunil Mantri, president, MCHI.
Indiabulls, a key beneficiary of the policy, has reacted cautiously to the development. “We are ready for any policy,” a senior official said.