Mumbai Redevelopment Boost: How Building Height Now Determines Your Maintenance Fund

The Maharashtra government has decided to significantly increase the corpus fund for redevelopment projects in Mumbai. The new amount will now depend on how tall the building is, with taller buildings getting more funds for maintenance. Minister Pankaj Bhoyar also announced that installing solar panels will be compulsory for developers before they get an Occupation Certificate. Additionally, a separate case about unauthorized tree cutting in Chandrapur district is being investigated.

Key Points: Maharashtra Raises Corpus Fund for Mumbai SRA, MHADA Projects by Height

  • Corpus fund per flat raised from Rs 40,000 to up to Rs 3 lakh based on building height tiers
  • New rules mandate solar panel installation before Occupation Certificate is issued
  • Strict action promised against developers handing over flats without a valid OC
  • Separate investigation ordered into illegal felling of 70-year-old trees in Chandrapur
3 min read

Corpus fund for Mumbai redevelopment projects to rise based on building height: Minister

Maharashtra govt hikes corpus fund for Mumbai redevelopment flats based on building height, with new solar panel mandate for developers before OC issuance.

"If possession is given without an OC in incomplete buildings, a detailed investigation will be carried out... - Minister Pankaj Bhoyar"

Nagpur, Dec 13

Maharashtra Minister of State for Housing Pankaj Bhoyar on Saturday announced that the corpus fund for redevelopment housing projects in Mumbai, implemented through the Slum Rehabilitation Authority (SRA) and the Maharashtra Housing and Area Development Authority (MHADA), will be increased in accordance with the height of the buildings.

The move, he said, aims to ensure better housing and basic facilities for common citizens in the city. The minister was replying to a question raised by BJP legislator Atul Bhatkhalkar in the Assembly.

Minister Bhoyar said that until now, a corpus fund of only Rs 40,000 per flat was being provided in SRA and MHADA redevelopment projects. However, this amount was found to be insufficient to meet actual maintenance and operational expenses. In view of this, the government constituted a committee to examine the issue in detail.

Based on the committee's recommendations, the government has accepted a proposal to revise the corpus fund structure according to building height. Under the new framework, the corpus fund will be increased to Rs 1 lakh per flat for buildings with a height of up to 70 metres, Rs 2 lakh for buildings ranging from 70 to 120 metres, and Rs 3 lakh for buildings taller than 120 metres.

The minister said that a notification regarding this change has been issued under the provisions of the Maharashtra Regional and Town Planning Act, 1966. He added that the process of hearing objections and suggestions is at the final stage, and the revised corpus fund norms will soon be implemented by the SRA and the state government.

Minister Bhoyar also announced additional measures aimed at promoting green energy. He said it will now be mandatory for developers to install solar panels in redevelopment projects before an Occupation Certificate (OC) is issued. He further warned that strict action will be taken against developers who hand over possession of flats without obtaining an OC.

"If possession is given without an OC in incomplete buildings, a detailed investigation will be carried out and a list of such cases will be prepared. Action will be taken in all future cases where possession is handed over without an OC,” the minister informed the House.

Meanwhile, Minister of State Madhuri Misal told the Assembly that a thorough investigation will be conducted into the cutting down of 70-year-old trees along a road adjacent to the municipality in Rajura town of Chandrapur district. She was replying to a calling attention motion moved by legislator Devram Bhongale.

Minister Misal said it has emerged that a 70-year-old tree was pruned on mere verbal instructions, without obtaining any official permission. She said that almost the entire tree was cut down in the name of pruning branches, and initially no action was taken in the matter. However, following complaints raised by legislators, punitive action has now been initiated against those responsible.

In this case, the contractor involved has been directed to plant new trees equal to the number of 70-year-old trees that were cut and to nurture them for a period of seven years. The contractor has also been blacklisted, and a case has been registered against him at the Rajura police station.

- IANS

Share this article:

Reader Comments

P
Priya S
Good move on paper, but will it reach the common citizen? In my SRA building, the existing fund is mismanaged. The government must ensure transparency in how these corpus funds are maintained and spent. Also, mandatory solar panels is a fantastic step for sustainability! 🌞
A
Aman W
The part about strict action for giving possession without OC is more important. So many builders in Thane and Navi Mumbai do this, leaving people in incomplete buildings with no water or electricity. Hope this warning is not just for the assembly session.
S
Sarah B
Interesting to see the tree-cutting issue mentioned alongside housing policy. Shows how interconnected urban planning is. The contractor being forced to nurture new trees for 7 years is a creative penalty. More cities need such accountability.
V
Vikram M
While the increased fund is welcome, what about the quality of construction in these SRA projects? Often the buildings develop cracks within a few years. The corpus fund should also have a component for major structural repairs, not just daily maintenance.
K
Kavya N
As someone living in a MHADA building, this is a relief. Maintenance costs have skyrocketed, especially for lifts and water pumps in taller buildings. Rs. 3 lakh for 120m+ buildings seems fair. Hope the notification is issued quickly.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50