MHADA – 20% reservation for affordable housing

Any development of layout exceeding an area of 4000 sqm will require a reservation of 20% of the built-up area for EWS (economic weaker section) and LIG (low income group) households. Incentive FSI of 20% will be provided to the developer and tenements will be handed over to MHADA at the ready reckoner rate. There is an amendment by Urban Development Department that the builder now need not have to...

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