By Accommodation Times Bureau
The “in-situ” slum redevelopment project with private participation provided for 1,592 dwelling units for the eligible slum dwellers by leveraging the locked potential of public land under slums and bringing them into the formal urban settlement. The cutoff date for the slum dwellers was 1 February 2010.
The project was executed in eight packages consisting of eight locations in Ahmedabad city (Gujarat) and provided 1,592 dwelling units of about 27 sq.m. carpet area with basic civic infrastructure like water supply, sewerage system, internal road connectivity with street lights, etc. Eighty-three eligible slum dwellers owning shops/commercial spaces were each allotted a shop of 15 sq.m. carpet area.
Incentives of 224,868 sq.m., in terms of additional Floor Space Index (FSI) and Transferable Development Rights (TDR), were generated and awarded to the private partner, which made the slum redevelopment project financially viable. The eligible slum dwellers were provided transit accommodation on rental basis by the private partner for the entire construction period @ INR 6,000 per month.