{"id":30107,"date":"2015-06-15T10:46:58","date_gmt":"2015-06-15T05:16:58","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=30107"},"modified":"2020-06-15T03:07:20","modified_gmt":"2020-06-14T21:37:20","slug":"30107-maharashtra-rental-housing-scheme-to-be-relaunched-with-more-liberal-norms","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/30107-maharashtra-rental-housing-scheme-to-be-relaunched-with-more-liberal-norms\/","title":{"rendered":"Maharashtra &#8211; Rental Housing Scheme to be Relaunched with More Liberal Norms"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-30108 size-medium\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2015\/06\/NOC-noida-300x250.jpg\" alt=\"mmrda\" width=\"300\" height=\"250\" \/>Mumbai:<\/strong> Maharashtra government had earlier failed to acquire good response for its rental housing scheme by the private developers. Hence, the state government is planning to relaunch the scheme with more liberal norms.According to the Mumbai Metropolitan Regional Development Authority (MMRDA), the scheme will be launched in Mumbai Metropolitan Regions. Previously the <a href=\"https:\/\/www.bharatestates.com\/blog\/what-is-fsi\/\">Floor Space Index (FSI)<\/a> offered was 3 but this time the FSI for public-private partnership projects will be between 3 and 4. The real estate developers would have to pay 60% of ready reckoner rate, for the additional FSI that goes above this.MMRDA officials also said that unlike before, this time there will be no limit on the residential space under the rental housing scheme. The locations which can benefit with this scheme are Mumbai, Thane and Navi Mumbai.Since the scheme did not work well, the government had to make certain changes in the rental housing scheme. In November 2013, the original rental housing scheme was transformed to affordable housing policy.The responsibility for executing the scheme was handed over to MMRDA, Maharashtra Housing and Development Authority and Slum Rehabilitation Authority.The scheme which was modified focused on connectivity, civic and social facilities and employment opportunities. According to the current altered scheme, real estate builders will be permitted to construct some amount of residential units for sale however 25% of the built-up area will be utilized for developing rental housing.<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\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><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\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":"<p>Mumbai: Maharashtra government had earlier failed to acquire good response for its rental housing scheme by the private developers. Hence, the state government is planning to relaunch the scheme with more liberal norms.According to the Mumbai Metropolitan Regional Development Authority (MMRDA), the scheme will be launched in Mumbai Metropolitan Regions. Previously the Floor Space Index [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-30107","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Maharashtra - Rental Housing Scheme to be Relaunched with More Liberal Norms -<\/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\/30107-maharashtra-rental-housing-scheme-to-be-relaunched-with-more-liberal-norms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maharashtra - Rental Housing Scheme to be Relaunched with More Liberal Norms -\" \/>\n<meta property=\"og:description\" content=\"Mumbai: Maharashtra government had earlier failed to acquire good response for its rental housing scheme by the private developers. 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