Maharashtra: “Govt Plans To Redevelop 21-Acre Machhimar Nagar,” Awhad
by Suraj V. Digital Marketing (sr. SEO Expert)On Thursday, April 28, Maharashtra Housing
Minister, Jitendra Awhad stated that the Maharashtra government
is considering redeveloping the 21 acres, of Machhimar Nagar in Cuffee Parade.
He reportedly made this statement at the Real Estate Forum 2022 that was
organized by NAREDCO’s Maharashtra chapter, reports stated.
Based on accounts, Awhad
elaborated on how from these, 15 acres are open spaces. He says that the
government looks to involve the Slum Rehabilitation Authority (SRA) which will
look after the process.
Further, Awhad said that the SRA
will then hand it over to those who wish to develop it further. The minister
brought to light some interesting facts that entail how the premium collected
by MHADA in the last decade from 2011 to 2021 was nearly INR 1,902 crore.
He, however, claims that in
2021-2022, the premium amount collected has been INR 1,873 crore. Then, the
minister lauded the efforts undertaken by the developers in beautifying Mumbai.
Awhad opined that Maharashtra’s
development is linked to the housing industry. He reportedly uttered that since
there are no open land spaces available in Mumbai, the development of the city
is only possible through redevelopment.
This, he uttered, would largely
help society. He was quoted in narratives elucidating that with an increasing
population in the city, there can’t be development if the developers don’t
participate. He claimed that the Maharashtra government has ensured transparency
in all housing transactions.
Similarly, Mumbai suburban
guardian minister, Aaditya
Thackeray who also attended the event voiced that the government was
working on reducing the time to attain Coastal Regulation Zone (CRZ) clearance
to 1-2 months.
In addition to this, he says the
government is curating a digital interface for approval of future projects.
Thackeray reportedly uttered that Mumbai has the best architecture and
engineering minds.
Therefore, he urged them to come
together to create in-house facilities which will help construct “not just 15
minutes cities, but 5-minutes cities”.
Sponsor Ads
Created on Apr 29th 2022 06:50. Viewed 174 times.