The residents in slums and dilapidated buildings in the CRZs of Mumbai, now can have better and bigger homes as The state government has appointed MHADA as a nodal agency for housing redevelopment projects in these areas.
Over 38% of the land in the city comes under CRZ. Since the stringent regulations about the Coastal Regulation Zone do not allow any redevelopment of the buildings within 500 metres from the coastline, the decision would benefit many slum dwellers and the landlords in such areas who can now tie up with MHADA for the redevelopment of their properties. For Private developers, it would be a joint venture with MHADA, to develop properties in CRZs which shall be governed by costal zone restrictions.
The state Government has declared that It is one of the ways of making affordable housing available to people at cheaper rates, that too , with many apartments with a sea view. MHADA is instructed for undertaking the survey of such buildings and slums to identify most vital projects.
The environmentalists however, have accused the state government for relaxing the CRZ norms.