Cluster redevelopment scheme extended to Maharashtra suburbs
Real Estate

Cluster redevelopment scheme extended to Maharashtra suburbs

In a major development, the Maharashtra Government has extended the redevelopment policy bonanza for old and dilapidated buildings to the suburbs. Under the newly-unveiled housing policy, more than 10,000 old and tenanted building in the suburbs will get an FSI of 3 under modified DCR 33 (7) (a) scheme for redevelopment. Further, Maharashtra Chief Minister Devendra Fadnavis has announced the extension of the cluster redevelopment scheme under DCR 33 (9) to the suburbs. Under the new scheme, the suburbs will get a chance of better development and amenities. Currently, both these schemes are applicable only to the island city. It has been a long-pending demand of citizens in the suburbs to extend the schemes to cover them.

Contact: Maharashtra Government.

Website: www.maharashtra.gov.in

In a major development, the Maharashtra Government has extended the redevelopment policy bonanza for old and dilapidated buildings to the suburbs. Under the newly-unveiled housing policy, more than 10,000 old and tenanted building in the suburbs will get an FSI of 3 under modified DCR 33 (7) (a) scheme for redevelopment. Further, Maharashtra Chief Minister Devendra Fadnavis has announced the extension of the cluster redevelopment scheme under DCR 33 (9) to the suburbs. Under the new scheme, the suburbs will get a chance of better development and amenities. Currently, both these schemes are applicable only to the island city. It has been a long-pending demand of citizens in the suburbs to extend the schemes to cover them. Contact: Maharashtra Government. Website: www.maharashtra.gov.in

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