Tenants cheer as redevelopment consent down to 51%

The amendment of bringing down the consent of tenants for the redevelopment of buildings to 51 per cent from the existing 70 per cent has cheered up even the tenants of old buildings.

Currently, to redevelop a building consent of 70 per cent of its tenants is required. The chief officer of MHADA's repair and redevelopment board under whom the cessed dilapidated buildings fall said this move will mean faster redevelopment.

Even chief minister Devendra Fadnavis claims that this will help redevelop old and dilapidated buildings faster.

Ramesh Prabhu, chairman of Maharashtra Societies Welfare Association, an apex Housing society body said, "The amendment in the Maharashtra Apartment Ownership (amendment) bill, is a welcome move. 

This will not allow a handful people now halt the whole redevelopment process of the buildings. There are many buildings which are stuck because of some tenants. This amendment will allow a fast redevelopment of the building and most importantly will ensure the safety of the tenants."

Raju Dahiya, a tenant of Chawate building located in Girgaum said, "This is a good step, as this will mean faster redevelopment of old dilapidated buildings with lesser consent required."

Architect Arqam Shaikh who works on redevelopment project says that leader consent means people who are serious about development will think twice before saying no for flimsy reasons. There will be more consensus for choosing a developer now. Apart from redevelopment work, it will generate housing stocks that can be sold in the open market.

Even Developers claim this to be a good move.

Farshid Cooper, Managing Director, Spenta Corporation said, "The amendment is a long-awaited change which will specifically help redevelopment of old and dilapidated buildings in South Mumbai. The anticipated benefit of accelerating the process of redevelopment will not only improve the quality of the lives of those that inhabit these old and dilapidated structures but also in many cases reduce the risk to life that is posed by the occupation of these homes. We hope that the execution of this most recent amendment is swift and seamless."

Currently, there are more than 14,000 cessed dilapidated buildings, most of which are in South Mumbai.

FASTER DEVELOPMENT

• Currently, there are more than 14,000 cessed dilapidated buildings, most of which are in South Mumbai 
   
• Chief Minister Devendra Fadanvis has claimed that this amendment will help redevelop old and dilapidated buildings faster