By Accommodation Times News Service
The city Mumbai can meet more to need of the hour i.e. affordable housing demand if the state authorities consider the central government‘s recommendation to review the FSI policy.
Union housing Minister Ajay Maken said mega cities like Mumbai needed to review the FSI policy to encourage more affordable housing stock. He said affordable housing should now be accorded the status of basic infrastructure to facilitate more stock of affordable houses for the urban populace. He said, about 50% of population in Mumbai stays in slums. It is required to bring these services providers nearer to the service consumers. There is a need to make appropriate changes in the FSI policy to boost affordable housing in Mumbai. The state is the responsible authority to do so and in our opinion it should consider this option. The initiatives at the central level Maken said the policy for providing ‘infrastructure status’’ to affordable housing schemes is on the cards to improve the urban housing scenario. This can be treated as a sub-sector of real estate and at least this sub-sector can be the infrastructure status.