Push for self-redevelopment housing policy as Maha govt affirms support, speed
CM Devendra Fadnavis issuing directives to Mhada on Monday to extend planning and processing support for it. Experts said 10,000 of Mumbai’s 40,000 societies could benefit.
Though the Mumbai District Central Cooperative Bank (Mumbai Bank) mooted a self-redevelopment scheme for cooperative housing societies in 2015 so societies could acts as developers by appointing architects and contractors instead of looking for a builder, it is only now that the scheme, the brain child of town planner Chandrashekhar Prabhu and implemented with the help of government agencies such as BMC and Mhada, has got a push, with CM Devendra Fadnavis issuing directives to Mhada on Monday to extend planning and processing support for it.
Experts said 10,000 of Mumbai’s 40,000 societies could benefit, with the bank willing to extend a loan of up to Rs 50 crore for every project.
“A society can appoint a consultant to prepare a plan. Premiums to be paid to BMC/Mhada, shifting and other costs are being taken care of by the bank. The scheme’s only limitations are that all society residents need to unanimously pass the proposal and make repayments in 7 years,” said an expert.
Fadnavis said the government will make matters easy for societies by bringing all authorities under a single-window system. “All permissions will be brought under one roof to ensure people do not have to run from one government office to another,” he said at an event organised by Mumbai Bank.
The CM said the state will appoint Mhada as planning agency. He said some developers had reduced Mumbaikars to being ‘dhobi ka kutta, na ghar ka na ghat ka,’ and his government was looking to change this. Kadam and Thakur said since all society members had got benefits in terms of space and finances, it would be easy to repay loans. “More space means families will stay closer and together without having to buy flats far away,” they added.
Though the Mumbai District Central Cooperative Bank (Mumbai Bank) mooted a self-redevelopment scheme for cooperative housing societies in 2015 so societies could acts as developers by appointing architects and contractors instead of looking for a builder, it is only now that the scheme, the brain child of town planner Chandrashekhar Prabhu and implemented with the help of government agencies such as BMC and Mhada, has got a push, with CM Devendra Fadnavis issuing directives to Mhada on Monday to extend planning and processing support for it.
Experts said 10,000 of Mumbai’s 40,000 societies could benefit, with the bank willing to extend a loan of up to Rs 50 crore for every project.
“A society can appoint a consultant to prepare a plan. Premiums to be paid to BMC/Mhada, shifting and other costs are being taken care of by the bank. The scheme’s only limitations are that all society residents need to unanimously pass the proposal and make repayments in 7 years,” said an expert.
Fadnavis said the government will make matters easy for societies by bringing all authorities under a single-window system. “All permissions will be brought under one roof to ensure people do not have to run from one government office to another,” he said at an event organised by Mumbai Bank.
The CM said the state will appoint Mhada as planning agency. He said some developers had reduced Mumbaikars to being ‘dhobi ka kutta, na ghar ka na ghat ka,’ and his government was looking to change this. Kadam and Thakur said since all society members had got benefits in terms of space and finances, it would be easy to repay loans. “More space means families will stay closer and together without having to buy flats far away,” they added.
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