Housing redevelopment projects on private roads in Mumbai can get TDR benefits, says state govt
Norm applicable to city roads that are nine metres wide; around 500 housing societies to benefit from state’s clarificationmumbai Updated: Nov 01, 2017 11:11 IST
There’s good news for redevelopment projects located along internal private roads across the suburbs. After the Brihanmumbai Municipal Corporation (BMC) delayed issuing transfer of development rights (TDR) for such projects, the state government has clarified that TDR can be issued on both private and internal roads with a width of 9 meters.
Industry sources said that the move will benefit close to 500 housing societies up for redevelopment which were affected by this decision. Shreerang Landge, director, town planning, confirmed to HT that the clarification was submitted to the urban development department (UDD) of Maharashtra a few days back.
The clarification (a copy of which is with HT) states, “Be it private or municipal roads, roads with a width of 9 meters can avail TDR benefits.”
The hindrance came after the state announced a new TDR policy in 2016, which civic officials said did not permit TDR on private roads. This caused trouble for redevelopment projects in areas like Ghatkopar, Malad, Chembur, Khar, Santacuz, Juhu and Mulund.
In September 2017, municipal commissioner Ajoy Mehta wrote a letter to the state seeking a clarification on the issue. Mehta stated that TDR was allowed only on municipal/public roads, but issues have been raised by various builder associations like Practising Engineers, Architects and Town Planners (PEATA), Maharashtra Chamber of Housing Industry (MCHI) and National Real Estate Development Council (NAREDCO) over the same.
Mehta’s letter read, “UDD is requested to issue a clarification regarding allowing the utilisation of TDR on the roads other than municipal/public roads.”
Senior architects said that the new clarification will help several projects. For instance, a redevelopment project in Evershine Nagar (Malad) can now go upto 7 floors with TDR loaded as opposed to 5 floors earlier. Vilas Nagalkar, a senior architect working on the project said, “TDR enables enhancement of construction area on any given plot, which helps selling surplus constructed units, and enables recovery of reconstruction cost.”
He further said, “Redevelopment of thousands of buildings were stalled for a few months. This will help the process resume again.”
First Published: Nov 01, 2017 11:11 IST