Mumbai needs to review FSI policy for encouraging affordable housing: Maken
Moneylife Digital Team 04 February 2013

According to the minister, there is a need to review the FSI policy and make appropriate changes to boost the affordable housing in Mumbai

Union minister for housing and poverty alleviation Ajay Maken said that megacities like Mumbai need to review their floor space index (FSI) policy for encouraging affordable housing.


He was speaking at an international meet on “Governance of Mega City Regions” organised by the Confederation of Indian Industry (CII) in partnership with Centre for Policy Research (CPR) in Mumbai.


Mr Maken said, “About 50% of population in Mumbai stays in slums. In cities like Delhi also about 84% of homeless people are self-employed and contribute towards the economic growth. Since they live close to their workplaces and are an integral part of the India’s urbanisation story, irrespective of the location categories we need to create affordable housing even in the premium locations of mega cities. It is required to bring these service providers nearer to the service consumers.”


The minister said, the state government is the responsible authority (to decide on FSI) and it should consider this option. The Union government is planning to provide infrastructure status to affordable housing schemes to improve urban housing scenario, Mr Maken said.

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