BMC targets 1-mn affordable housing units

    Affordable Housing
    As per the newly rolled out city's revised development plan (RDP) Brihanmumbai Municipal Corporation (BMC) envisaged creating one million affordable housing units to be built on eco-sensitive salt pans and lands designated as no development zones (NDZs) and that it has already demarcated space for social housing comprising about 642 acres of the total 5,500 acres in Greater Mumbai.

    The total NDZ land available for affordable homes is in excess of 5,000 acres, said officer on special deputation for BMC, Ramanath Jha, adding that in NDZ lands, the land owner will be allowed to keep 50% of the permitted floor space index (FSI), which has now been increased to 2 (owner can avail 35% extra FSI on payment of premium taking the total FSI to almost 3. Prior to this, the FSI on NDZ lands was 0.20 to 0.40 and that the remaining 50% will be reserved for affordable housing and creating social amenities, he said.
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