Mumbai:
The Maharashtra Housing and Area Development Authority (MHADA) is stepping up
its focus on the redevelopment of ageing housing layouts across Mumbai, Pune
and Nashik, as the state looks to unlock underutilised urban land and create
additional housing in established locations.
MHADA
Deputy Chief Executive Officer Anil Wankhede said the authority's priority over
the next two to three years will be the redevelopment of old housing layouts,
particularly in major urban centres. The strategy comes as redevelopment and
brownfield projects become increasingly important drivers of Maharashtra's real
estate market.
Many
MHADA layouts were developed several decades ago and now contain ageing
buildings that require structural upgrades or complete reconstruction.
Redevelopment can provide existing residents with modern homes while allowing
better utilisation of land and infrastructure in established neighbourhoods.
In
Mumbai, MHADA has already been working on redevelopment under Regulation 33(5)
of DCPR 2034, which provides a framework for redevelopment of MHADA layouts.
The authority has also issued procedural guidelines for redevelopment and
reconstruction projects.
MHADA's
Mumbai Board manages 114 layouts comprising approximately 2.25 lakh housing
units, with 56 of these layouts identified as old and undergoing redevelopment,
according to an earlier MHADA statement.
For
larger and fragmented layouts, a cluster or integrated redevelopment approach
could make projects more financially and technically viable. A Maharashtra
housing policy document has proposed measures such as clubbing plots where
individual redevelopment is not feasible and adopting cluster redevelopment to
improve planning and infrastructure.
For
Mumbai, the government has also framed a policy for integrated/cluster
redevelopment of MHADA layouts measuring 20 acres or more in Greater Mumbai and
suburban areas.
The
redevelopment push is not limited to Mumbai. Pune and Nashik are also expected
to form part of MHADA's broader redevelopment strategy, particularly as these
cities continue to expand and demand for housing in established urban areas
increases.
MHADA
currently operates housing boards in both Pune and Nashik and continues to
undertake housing and redevelopment-related activities in these markets.
With
redevelopment becoming an increasingly important part of Maharashtra's housing
market, MHADA's renewed focus on old layouts could accelerate the
transformation of ageing residential neighbourhoods.
The
success of the programme, however, will depend on factors including resident
participation, project feasibility, approvals, developer selection,
rehabilitation arrangements and timely execution.
For
Mumbai, Pune and Nashik, the redevelopment of old MHADA layouts could therefore
become an important source of new housing supply while simultaneously
addressing the needs of residents living in ageing housing stock.
By The
Realty Times — Real Estate News, Property Insights & Market Updates
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