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The Ministry of Housing and Urban Poverty Alleviation (MoHUPA), Govt. of India has
formulated a scheme called Rajiv Awas Yojana (RAY) in which, subsidy for the cost of
infrastructure to the extent of Rs. 50,000/- per unit is likely to be made available for a
scheme of Affordable Houses taken by a developer/land owner with the help of MHADA.
The Affordable Houses are defined as area having 27.88 sq.mtr. carpet area for Economical
Weaker Section (EWS), upto 45 sq..mtr. carpet area for Lower Income Group (LIG) and
upto 80 sq.mtr. carpet area for Middle Income Group.

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Urban Development Department of Maharashtra has issued amended Development Control


Regulation (DCR) 33(5) for Mumbai on 6.12.2008 and 165(1) on 27.02.2009 for Thane
respectively. These amendments provides for higher FSI to the extent of 2.50 on vacant
lands for schemes of MHADA. Out of 2.50 FSI, 60% of FSI will have to be consumed
towards Affordable Housing.

   

Based on the above two notifications i.e. grant of higher FSI and also likelihood of grant
from Govt. of India, MHADA has formulated a scheme of Joint Venture with private
participation. Those land owners/developers having a minimum of 5000 sq.mtr. land with
clear title can apply to MHADA and get higher FSI in respect of schemes in Mumbai and
Thane Municipal jurisdiction. Such additional FSI is also likely to be available for Mumbai
Metropolitan Region (MMR), Pune, Nasik, Nagpur, Aurangabad, Amravati, etc. It is
expected that this would create Affordable Housing stock in these regions.

MHADA envisages, formulation of a scheme with private developers/land owners. Out of


the additional FSI to the extent of 1.50 over the existing 1.00 FSI, 0.75 FSI will have to be
given to MHADA in a built form for which MHADA will pay cost of construction to
developers,based on District Schedule of Rate (DSR) (normally these rates are current
market rates) towards construction cost. The developer will be eligible to use balance 0.75
FSI for his scheme. Thus total FSI to developer would be 1.00 plus 0.75. MHADA will not
charge any premium towards this additional FSI.

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MHADA will enter into an agreement with the private land owners/developers for such
joint development.

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Developers/land owner may apply to Chief Engineer-II, 4th floor, Room No. 502,
Maharashtra Housing & Area Development Authority, Griha Nirman Bhavan, Bandra
(East), Mumbai ± 400 051, Telephone No. 022-26592866. Copy of the 
published by MHADA in the various newspapers is enclosed. The information to be
submitted in h h form and also copy of the  ! to be executed with
MHADA is also enclosed in these documents. A copy of the relevant Development Control
Regulation (DCR) ""#$% & "&#'% is also enclosed.

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The Development Control Regulation (DCR) 33(5)(2) of Mumbai also provides
development of cch with 2.50 FSI. Those who are interested can go through
Development Control Regulation (DCR) 33(5) for this purpose. A copy of the MHADA's
colonies in Mumbai is also enclosed in these documents for ready information.

   
ccc) Upto 30th April 2010, MHADA
approved following proposals.
Kawesar, Ghodbunder Road,
1 M/s. Unnathi Estate
Thane.
2 M/s. Concord Developers Majiwade, Thane.
3 M/s/ Yesh Enterprises Ovala, Thane.
4 M/s. Vihang Valley Ovala, Thane.
5 M/s. National Dyes Dhokali, Thane.
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