Development/Redevelopment of Housing Schemes of MHADA
1) The FSI for a new scheme on vacant lands of low Cost Housing Scheme for Economically Weaker Section, Low Income Groups and Middle Income Groups of MHADA having at least 60 percent built-up area of the tenements under EWS, LIG and MIG categories, shall be 2.50
2) For redevelopment of any existing housing scheme of MHADA, undertaken by the MHADA departmentally or jointly with societies /occupiers of buildings or housing societies/ occupiers of building or by lessees of MHADA or by developer, the FSI shall be as under.-
a) Total permissible FSI shall be maximum 2.5 on gross plot area.
b) The incentive FSI admissible against the FSI required for rehab shall be as under:-
i) In congested area, for the area upto4000 sq. m., the incentive FSI admissible will be 50 percent.
ii) In congested area, for the area above 4000 sq.m. the incentive FSI admissible will be 60 percent.
iii) In outside congested area, for the area upto 4000 sq.m, the incentive FSI admissible will be 60 percent.
iv) In outside congested area, for the area above 4000 sq.m., the incentive FSI will be 75 percent.
c) Difference between 2.5 FSI and the FSI required for “rehab + incentive” shall be shared between MHADA and Occupiers Society/ developer in the ratio of 2:1
d) In the scheme, for the land allotted for societies of MIG and HIG and developed plot allotted individually to MIG and HIG group, the permissible FSI shall be as per prevailing Development Control Regulations
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Our Building is interested in redevelopment but the FSI decision is till pending , we are unable to take decision if ok to proceed with the builder