In an attempt to boost the construction of affordable housing units in the state, the state government in Maharashtra is all set to amend rules facilitating easier access to housing to millions of the state's poor, Chief Minister said in a recent statement, adding that the proposed new housing policy would be "pro-people" and to ensure its success he urged the developers to collaborate with the government in its mission. Ensuring the smooth implementation of the new norms the government is committed to get rid of the cumbersome laws and taxation system to help the developers, but ultimately that should also result in affordable housing stocks. On this score, the new proposed Development Control Rules for Mumbai would ensure that the discretionary powers of officials are reduced to the minimum for increased transparency.
Dwelling in details, the Housing Minister Prakash Mehta proposed a reduction in FSI-TDR premiums to make land available to developers in return for a certain percentage of free homes to the government, which could be sold at low prices to the poor classes and by doing so the government could wipe out its Rs. 350,000cr debt burden inherited from the previous regime. Similarly, the Finance Minister Sudhir Mungantiwar reiterated that the state government would also focus on developing infrastructure and that the 3,000 km long state highways would be developed as national highways.