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NMMC General Body clears 2.5 fsi for redevelopment in Navi Mumbai

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Mayur Panghaal
Mayur is a real estate professional with more than 15 years of experience at all levels of the Real Estate trade in Navi Mumbai. He is inspired by Arvind Kejriwal and is a member of the Aam Aadmi Party since inception. When not involved in real estate, he is actively involved in social issues of the community where he lives. He can be reached on 9833802522
Mayur Panghaal
Mayur Panghaal

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Navi Mumbai creek
Navi Mumbai creek

There is good news and bad news for the people of Navi Mumbai who have been staying in dilapidated buildings which have been long declared unfit for habitation.
The good news is that The Navi Mumbai municipal corporation (NCP) General body meeting passed the proposal to hike the redevelopment FSI of Navi Mumbai to 2.5 for dilapidated structures and an FSI of 4 for gaothan areas and chawls.
This proposal has been hanging since 2009 and assumed larger proportions when elections are near.People of Navi Mumbai have been misled by false promises and announcements in the past.But this time the NMMC claims to have prepared a ‘fool proof’ plan prepared by none other than CRISIL.
If successful,the proposal will immediately affect more than 70 structures which have been declared unsafe.
Now for the bad news:The proposal will now go to the Urban development department of the Govt of Maharashtra,where it will be studied and its fate decided.
Although redevelopment is already a tough procedure,it becomes all the more tougher as most of the CIDCO building inhabitants do not have proper ownership documents and most have ‘purchased’ the flats via Power of attorney as the sale of these flats/houses was forbidden by CIDCO for a few years after allotment.To bypass this ban,alottees often sold their flats via Power of attorneys.Most buildings have still not formed co0p housing societies and many have not paid property taxes.Most dont have conveyance.
For redevelopment to succeed,all these documents have to be in order.
In order to get these in order,an expense of a few lakhs cannot be ruled out.
Its anybody’s guess as to how many residents of these low income colonies are ready to shell out that kind of cash to get their papers in order.
Until an outcome for these problems is found,redevelopment is a distant dream for most of Navi Mumbai,the approval of the Urban Development Ministry not withstanding.

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