HomeLatestSRA Housing a New Measures to Unblock Stalled Projects

SRA Housing a New Measures to Unblock Stalled Projects

Slum Rehabilitation Authority (SRA) projects across Mumbai, the Maharashtra state government has enlisted the support of the Maharashtra Housing and Area Development Authority (MHADA), the Mumbai Metropolitan Region Development Authority (MMRDA), and the City Industrial Development Corporation (CIDCO). This intervention wReviewsas announced by Deputy Chief Minister Devendra Fadnavis during a recent legislative council session, signalling a renewed commitment to resolving the persistent challenges plaguing urban housing initiatives.

Fadnavis addressed the unique dynamics of SRA projects, which are inherently market-driven. Builders are incentivised to provide free housing to slum dwellers, with the profitability of these ventures hinging on the sale of additional residential units. However, the acute land scarcity in Mumbai makes the saleable component particularly lucrative compared to cities like Nagpur and Pune, where the demand and economic viability differ significantly. Residents living in transit camps have long faced uncertainty, with many enduring prolonged waits for promised housing. Fadnavis acknowledged their grievances, including unpaid transit rents and significant delays in housing provision. He revealed that discussions with Chief Minister Eknath Shinde have culminated in a strategy that allows MHADA, MMRDA, and CIDCO to take over incomplete projects from defaulting developers. This proactive approach aims not only to expedite project completion but also to restore faith among residents in the government’s housing initiatives.

Housing Minister Atul Save further committed to addressing the notorious delays associated with the No Objection Certificate (NOC) transfer process, often marred by allegations of corruption. His proposal to digitise NOC applications aims to ensure mandatory issuance within 45 days, significantly reducing bureaucratic hurdles and curbing malpractices. This strategic intervention also encompasses a commitment to revamp Mumbai’s dilapidated transit camps. Save has pledged to conduct personal inspections to enhance living conditions for affected residents, reflecting a human-centric approach to governance.

The collaboration between state agencies and private developers represents a critical step towards rejuvenating stalled SRA projects, potentially alleviating Mumbai’s housing crisis. According to recent statistics, Mumbai faces a shortage of nearly 1 million homes, underlining the urgency of addressing these challenges. The initiative not only aims to expedite housing delivery but also underscores the importance of sustainable urban development, ensuring that the needs of vulnerable populations are met in a rapidly urbanising landscape.

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Redevelopment by Rustomjee Set to Generate Rs 4500 Crore

Mumbai Redevelopment by Rustomjee Set to Generate Rs 4500 Crore

0
Keystone Realtors Ltd, operating under the Rustomjee brand, is embarking on an ambitious 11.19-acre redevelopment project in Mumbai, projecting a substantial sales revenue exceeding...
Bengaluru Begins Mandatory eKhata Registration for 25 Lakh BBMP Properties

Bengaluru Begins Mandatory eKhata Registration for 25 Lakh BBMP Properties

0
Bengaluru has mandated eKhata registration for all properties under the Bruhat Bengaluru Mahanagara Palike (BBMP), effective from July 1, 2025. The digitisation initiative aims...
Panipat Godrej Acquires 43 Acres For Luxury Housing Development

Panipat Godrej Acquires 43 Acres For Luxury Housing Development

0
Godrej’s project, provisionally named Godrej MSR City, is planned to cover a vast 56 lakh square feet, featuring a blend of luxury apartments and...
PMAY 2.0 Backlog Prompts Bhubaneswar To Order Urgent ULB Verification

PMAY 2.0 Backlog Prompts Bhubaneswar To Order Urgent ULB Verification

0
Amid concerns over Odisha’s slow PMAY 2.0 progress, Bhubaneswar’s housing department has urged urban local bodies to expedite verification of 82,382 pending applications. With...
ARCHITECTURAL VISION AND URBAN REGENERATION AT BHENDI BAZAAR

ARCHITECTURAL VISION AND URBAN REGENERATION AT BHENDI BAZAAR

0
By FURQAN ANSARI, Design Manager, Saifee Burhani Upliftment Trust’s redevelopment project at Bhendi Bazaar. The redevelopment of Bhendi Bazaar represents an extraordinary journey that blends...