{"id":27236,"date":"2013-11-17T14:02:13","date_gmt":"2013-11-17T08:32:13","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=27236"},"modified":"2020-06-15T03:31:22","modified_gmt":"2020-06-14T22:01:22","slug":"27236-state-makes-it-mandatory-for-developers-to-earmark-20-for-ews-lig-segments","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/27236-state-makes-it-mandatory-for-developers-to-earmark-20-for-ews-lig-segments\/","title":{"rendered":"State Makes it Mandatory for Developers to Earmark 20% for EWS, LIG Segments"},"content":{"rendered":"

\"ewsMumbai: <\/b>The state government has issued a notification suggesting that builders developing a housing project on a 4000 sq meter plot must have to reserve 20 percent of the project area for the affordable housing in the city. The decision of reserving 20 percent was followed by the state government\u2019s decision of providing 20 percent extra Floor Space Index (FSI)<\/a> to developers in the city and an incentive which will provide reservation of 20 percent for public housing.The decision of the state government will help Low Income Group (LIG) and Economically Weaker Sections (EWS) of the society which have acquired tenements through MHADA lottery.<\/a> Under the decision developers will have to associate with MHADA to get an occupation certificate (OC) from the panning or civic body. Once developers complete the project, MHADA will decide whether to purchase 20 percent tenements or to allot them to relevant candidates within six months.The developer will have to get OC for 20 percent affordable housing<\/a>, and then only he will be granted permission for other 80 per cent of the housing. The developers can utilize one-fourth of the allotted 20 per cent FSI for the affordable housing. Developed quarters as affordable housing can be sold out in the market as service quarter under the scheme.According to the notification, the 20 percent of the area needs to be utilized for the constructions of tenements for middle income groups, EWS, or LIG segments in the society.The new notification will be forced on all developers hereafter, but it will not be applicable to schemes which had got the commencement certificate on or before 8th November, 2013.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Mumbai: The state government has issued a notification suggesting that builders developing a housing project on a 4000 sq meter plot must have to reserve 20 percent of the project area for the affordable housing in the city. The decision of reserving 20 percent was followed by the state government\u2019s decision of providing 20 percent […]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-27236","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nState Makes it Mandatory for Developers to Earmark 20% for EWS, LIG Segments -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/27236-state-makes-it-mandatory-for-developers-to-earmark-20-for-ews-lig-segments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Makes it Mandatory for Developers to Earmark 20% for EWS, LIG Segments -\" \/>\n<meta property=\"og:description\" content=\"Mumbai: The state government has issued a notification suggesting that builders developing a housing project on a 4000 sq meter plot must have to reserve 20 percent of the project area for the affordable housing in the city. 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