In a move that can benefit nearly 5 lakh Thane residents, chief minister Devendra Fadnavis on Friday cleared the cluster redevelopment policy for the city, paving the way for the revamp of hundreds of old and illegal buildings.
The policy was approved on the basis of the infrastructure impact assessment report prepared by the Thane municipal corporation showing the total infrastructure footprint required for such a redevelopment. The policy will be applicable to eight locations identified by the civic body that are in dire need of redevelopment. These clusters are a mix of old buildings, illegal structures and slums.
Under the policy, the floor space index (FSI) of up to 4 will be given to undertake integrated development of a minimal 2 acres plot.
FSI is the ratio of built-up area to the total size of the plot and generally indicates how high a developer can construct.
A cluster redevelopment policy for Thane was announced by Fadnavis’s predecessor Prithviraj Chavan just before the 2014 elections, as the issue of dilapidated and illegal buildings in Thane came to the fore following several building collapses. All political parties had demanded such a policy.
Fadnavis on Saturday tweeted: “The policy will help develop the dilapidated buildings in Thane municipal region. It is the greatest initiative to redevelop Thane in a planned way and lakhs of Thane
residents can accomplish dream of sustainable and affordable housing.”
He added that the environment impact assessment had been carried out before sanctioning the cluster scheme and that it would be brought before the knowledge of the Bombay high court before implementation.
The Thane municipal corporation proposal had argued that the redevelopment would not put a strain on the existing infrastructure, as 70 per cent of the people housed would be existing tenants or house owners.
People living in buildings will be entitled to the area of their existing flat but this will not come for free. Residents will have to pay 25 per cent of the construction cost for 300sqft of a flat. For a larger flat, up to 500sqft, the residents will have to pay cent per cent of the construction cost of the additional 200sqft and for the area more than that ready reckoner rates will be loaded.