Mhada may redevelop its 125-acre colony
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MUMBAI: Mhada may redevelop its humungous Motilal Nagar Housing Colony in Goregaon (W) on its own.
The plan was discussed during a Mhada meeting on Tuesday. Spread over 125 acre, the colony comprises 3,700 ground-level tenements built by Mhada three decades ago. Each tenement, about 180 sq ft, was first given on rent and then subsequently sold for under Rs 50,000 in the early 1980s. Under the redevelopment plan, every family will be entitled to receive a 600 sq ft flat free of cost.
Mhada can exploit the remaining land to build an additional 32,000 affordable flats. It will receive an FSI of 3 under the amended DCR 33 (5). If the plan sails through, this will be the first time that Mhada will redevelop its property instead of handing it over to a private developer. But there are fears of builders with political affiliations scuttling the project as the stakes are very high, said a source.
"It is a prime property opposite the Inorbit Mall and its development potential could run into thousands of crores. We hope Mhada can pull it off," said an official.
The Bomaby HC is hearing a PIL claiming there are over 6,000 illegal constructions in the colony. Last month, it had asked authorities to complete a survey of illegal constructions. The matter will be heard on Thursday and Mhada is likely to its plan before the court.
Many of the residents have allegedly carried out horizontal and vertical extensions without permission.
Redevelopment of Motilal Nagar redevelopment came up for discussion on Tuesday in the Mhada meeting because of an on-going case in the Bombay high court.
Last month, the court had asked the authority to complete the survey of unauthorized constructions within the sprawling residential colony. Many of the residents have allegedly carried out horizontal and vertical extensions without permission.
The PIL said there are over 6,000 illegal constructions in the area. The housing board's plan is likely to be put up before the court when the matter comes up for hearing on Thursday.
The plan was discussed during a Mhada meeting on Tuesday. Spread over 125 acre, the colony comprises 3,700 ground-level tenements built by Mhada three decades ago. Each tenement, about 180 sq ft, was first given on rent and then subsequently sold for under Rs 50,000 in the early 1980s. Under the redevelopment plan, every family will be entitled to receive a 600 sq ft flat free of cost.
Mhada can exploit the remaining land to build an additional 32,000 affordable flats. It will receive an FSI of 3 under the amended DCR 33 (5). If the plan sails through, this will be the first time that Mhada will redevelop its property instead of handing it over to a private developer. But there are fears of builders with political affiliations scuttling the project as the stakes are very high, said a source.
"It is a prime property opposite the Inorbit Mall and its development potential could run into thousands of crores. We hope Mhada can pull it off," said an official.
The Bomaby HC is hearing a PIL claiming there are over 6,000 illegal constructions in the colony. Last month, it had asked authorities to complete a survey of illegal constructions. The matter will be heard on Thursday and Mhada is likely to its plan before the court.
Many of the residents have allegedly carried out horizontal and vertical extensions without permission.
Redevelopment of Motilal Nagar redevelopment came up for discussion on Tuesday in the Mhada meeting because of an on-going case in the Bombay high court.
Last month, the court had asked the authority to complete the survey of unauthorized constructions within the sprawling residential colony. Many of the residents have allegedly carried out horizontal and vertical extensions without permission.
The PIL said there are over 6,000 illegal constructions in the area. The housing board's plan is likely to be put up before the court when the matter comes up for hearing on Thursday.
