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Cluster Redevelopment In Thane City Gets Approved By Maharashtra CM

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rera to ensure completion of realty projects

Bomday HC has finally given a go ahead to cluster redevelopment in Mumbai suburbs, Thane and Navi Mumbai. Three weeks after the decision CM Devendra Fadnavis has approved the regulation under the urban renewal scheme for Thane city for the reconstruction.

Fadnavis tweeted on Thursday, “This will pave way for redevelopment of old, dilapidated & unauthorized buildings in planned manner & in large public interest.”

The Thane city cluster redevelopment projects will get an FSI of 4. This will depend on the width of the road that the projected is located at. An official said in order to make sure that the policy does not crowd the region, the minimum size of a cluster will have to be 10,000 sqm. The builders will also have to reserve 25% of the area for public amenities, 15% for open spaces and rest can be utilized for development plan.

Also Read: Mumbai Coastal Road Gets Approval From Centre

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