[ecis2016.org] The BMC has issued new guidelines for the redevelopment of dilapidated, non-cessed buildings, which will include making the tenants of non-cessed buildings owners of flats, after the redevelopment
The Brihanmumbai Municipal Corporation (BMC) has eased the norms for the redevelopment of old dilapidated buildings in the metropolis. The civic body issued new guidelines in the Development Control and Promotion Regulations (DCPR), to redevelop non-cessed and tenanted buildings last week.
You are reading: BMC eases norms to redevelop dilapidated, non-cessed buildings
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One of the major changes that has been brought about by the BMC, is that the tenants of non-cessed buildings will become owners of flats, post the redevelopment of the structure. As per the new norms, landowners of dilapidated buildings will get 50 per cent additional construction rights, to recover costs, as well as make a profit through a saleable component.
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The change in the Development Control and Promotion Regulations (DCPR) were forwarded by the BMC, to the state Urban Development Department in November 2018, after which the latter approved it. A senior civic official said the easing of norms, will pave the way for redevelopment of non-cessed buildings constructed between 1969 and 1996. He added that several non-cessed buildings were facing hurdles in redevelopment, due to paucity of corpus fund.
“Under this rule, tenants will become flat owners and landowners will get 50 per cent additional construction rights, in the form of additional floor space index (FSI). This is a win-win situation for all stakeholders,” the official claimed. He also said, if a higher number of societies come forward for cluster or joint development, then, the authorities would give additional FSI as incentive, to accelerate the redevelopment of old buildings.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
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