CM announces slew of measures for real estate
1. 2009 Housing Year
2. Public Private Partnership on government land housing projects
3. Redevelopment of old building with 2.5 FSI in entire state
4. Uniform slum rehabilitation scheme in whole state
5. Sanction by the municipalities/corporation on the carpet area
6. 0.33 TDR purchase in entire state (Like Mumbai)
7. 80 per cent ITes allowed in entire state
8. VAT not to be charged on flats sale
Proposals under government consideration
1. Automatic deemed NA permission upon plan sanctions
2. MOFA amendments for layout /townships
3. 25 acre township concept (from existing 100 acre)
Declaring 2009 as year of “Housing for common man” Maharashtra Chief Minister Mr. Vilasrao Deshmukh today announced a slew of measures that would boost the real estate sector.
Among various announcements made for the real estate sector, the chief minister cleared the decks for Public Private Partnership (PPP) on various government housing projects.
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Mr. Deshmukh said in view of an encouraging response from the government’s scheme of providing 0.33 FSI in lieu of TDR in Mumbai, the government was considering extending the scheme to the rest of Maharashtra. He also said the government was keen to extend 80 per cent IT/ITES across the state.
Addressing the “Advantage Maharashtra--Housing for all” convention held under the aegis of Maharashtra Chamber of Housing Industry, CREDAI Maharashtra and supported by the State government, held at the NCPA hall here today, Mr Deshmukh said “PPP model has been a great success in Maharashtra and we will try to extend this possibility in the entire state on various government projects. We have observed that we have got the quality, timely possession whenever we have done Build-Operate-Transfer (BOT)/PPP projects”.
Mr Deshmukh further said, “Various departments in government, MHADA, Housing Board, MMRDA could follow the PPP/BOT method with a view to increase housing stock/commercial office stock”.
The Chief Minister announced uniform slum rehabilitation scheme across the state.
He said municipal bodies would give sanction on the carpet area. The redevelopment of old building with 2.5 FSI would be extended to entire Maharashtra.
The Chief Minister further pointed out that “as per the 10th five year plan there is a deficit of 27 billion houses across the country and it would be a great task to fulfill the need of a shelter to the common man”.
Mr Sunil Mantri, Convenor, Advantage Maharashtra in his introductory speech urged the state government to extend helping hand to the real estate which has been currently boring the burnt of global meltdown. “It is a crucial time for the government to push the real estate sector and consider various issues with a series of proactive steps“
In order to provide boost to the sector, the chief minister said that the government was considering automatic deemed NA permission upon plan sanctions, amendments in MOFA for layout townships and the concept of 25 acre township from existing 100 acre.
Maharashtra Minister of state for Urban Development, Mr. Rajesh Tope complemented the MCHI and the CREDAI, Maharashtra for their efforts in organizing a convention based on the theme of housing for all. He further said that the state government is keen on offering lower tax on the green building and renewable energy initiatives.
MCHI President Mr. Pravin Doshi in his opening remarks appreciated the key role played by the state government and great support from the Maharashtra Chief Minister Mr. Vilasrao Deshmukh towards the real estate and infrastructure development in the state.
Speaking on the occasion, Maharashtra Minister of state for housing Mr. Pritamkumar Shegaonkar, said, “I am happy to see the initiatives by the real estate developers towards realizing the dream of affordable housing in the state. The developers need to consciously take efforts in order to instill confidence and create trust among the common man, who always feel that the developers construct housing for the rich and higher middle class people of the society.
Mr Anant Rajegaonkar, Co-convenor, Advantage Maharashra said, “The support of the state government would go a long way in improving the real estate scenario in the state. It will also help the government realize its dream of housing for all.
Prominent among those who attended the event included CREDAI Chairman Kumar Gera, and Mr Rajni Ajmerae.
The day long convention which is held here today was addressed by the eminent speakers such as CREDAI Chairman Kumar Gera, Senior political leaders such as Manohar Joshi, several senior government officials also attended and addressed the seminar.
About CREDAI Maharashtra
CREDAI Maharashtra is the representative body of Promoters and Builders Association of Maharashtra. All builders of Maharashtra except Mumbai are under CREDAI Maharashtra –formerly known as Federation of Promoters and Builders Association of Maharashtra.
About MCHI
Maharashtra Chamber of Housing Industry (MCHI), formed in 1982 is the most prominent body of real estate builders and developers bringing together members dealing in real estate and construction industry on one common platform to address issues facing the industry. Members of MCHI account for providing more than 80 % or 90% of residential accommodation in Mumbai and its vicinity and helps both the Central and State governments in meeting their objectives or providing shelter. MCHI works towards raising awareness among the general public, real estate and construction industry while providing them with exhaustive information on projects and new developments in and around Mumbai. With over 400 well-recognised and reputed member builders, developers MCHI is affiliated with leading industry associations like FICCI, IMC and CREDAI.