Maharashtra has introduced a transformative slum cluster redevelopment approach aimed at reshaping urban housing in major cities like Mumbai, Pune, and Nagpur. This new policy focuses on faster redevelopment, enhanced incentives for developers, and better rehabilitation for slum dwellers. Here are five key highlights of the initiative.
1. Cluster-Based Redevelopment Model
Instead of isolated projects, the government promotes large-scale cluster redevelopment, covering 10 acres or more. This ensures improved planning, infrastructure, and higher-quality residential development.
2. Increased FSI and Developer Incentives
To attract private developers, the policy offers higher Floor Space Index (FSI), ranging from 4 to 6 depending on the location. Additional tax relaxations and premium waivers make redevelopment financially viable.
3. Guaranteed Rehabilitation for Slum Dwellers
Eligible slum residents are promised free, permanent housing units with basic amenities like water supply, sewage systems, electricity, and open spaces. This ensures better living standards and improved social security.
4. Fast-Track Approvals and Single-Window Clearance
The government aims to reduce bureaucratic delays by implementing a streamlined approval mechanism. This single-window clearance system speeds up project timelines and boosts investor confidence.
5. Focus on Sustainable Urban Planning
The policy emphasizes modern infrastructure, green open spaces, disaster resilience, and integrated town planning, aligning with Maharashtra’s vision of inclusive and sustainable urban growth.
This new slum cluster redevelopment approach is expected to significantly improve the urban landscape, reduce housing scarcity, and promote stronger socio-economic development across Maharashtra.
