Mumbai, September 13: Recurring incidents of building collapse in Mumbai which witness deaths of more than 50 people, to act over this state government announced about reconstruction and redevelopment policy for authorized tenanted buildings in Mumbai city and suburbs.
The new policy whose notification is now published by the government is going to benefit the tenanted buildings in the suburbs and non-cessed tenanted buildings in the island city.
According to the Brihanmumbai Municipal Corporation (BMC), there are over 600 dilapidated buildings in Mumbai which have been declared as dangerous structures. The residents, especially those belonging to the tenanted buildings, continue to reside in these dilapidated buildings as landlords do not initiate any redevelopment work due to lack of any incentives.
The new policy seems to address this concern. Here are some of the key features of the policy. Tenants who have occupied the place before July 13, 1996, are covered under this policy. 70 percent consent of all tenants is required to take up the redevelopment of the building.
Each tenant will be given a carpet area occupied by him/her in the old building with the minimum area of 300 sq ft and maximum area up to 753 sq ft.
Developers will get 50 percent incentive floor space index (FSI) for the redevelopment of the building. The landlords should start the construction of the building within one year from the date of the demolition and complete it within a period of five years.Landlords will have to provide alternate accommodation for the tenants during the time of redevelopment. A corpus fund should be created by the landlord who will take care of the maintenance of the building for a period of 10 years.