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Mumbai Builders Seek Transferable Development Rights for Mangrove Plots

Environmental activists have strongly criticized the move saying that land portions with mangroves cannot be considered land for development or revenue as they are situated within designated intertidal zones.

Mumbai Builders Seek Transferable Development Rights for Mangrove Plots
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As per a recent Bombay High Court ruling, all mangroves in the region were to be designated as “forest areas”. With this in mind, real estate developers in the city have asked the State Government to grant them construction rights to another location if their existing plot has mangroves.   

With this backdrop, the Maharashtra Chamber of Housing Industry (CREDAI-MCHI) has reportedly written to the state asking them to provide Transferable Development Rights (TDR) to the owners. The government has made no major decisions on this front and is assumed to be toeing the line. However, as per sources quoted by The Indian Express, the builders’ lobby is keen to see this through. 

Also read - Residents Of Five Dilapidated Buildings In Mumbai To Be Relocated

Environmental activists have strongly criticized the move saying that land portions with mangroves cannot be considered land for development or revenue as they are situated within designated intertidal zones.

On the other side, those in favour of this proposal say that this could prove to be a win-win situation for everyone. While the builders will be fairly compensated for the loss of land, the government will receive more mangrove land which it can hand over to the State Forest Department. 

Also Read - NOC To Be Cancelled If A Builder Fails To Complete The Redevelopment Project

Digging into the current development control regulations, TDR compensation is only provided when private land is surrendered towards a public infrastructure project such as roads, parks, and so on.

While builders in the past have made similar demands, the State Government is yet to budge. Builders have a renewed interest in private infrastructure now given the losses faced during the coronavirus lockdowns. Losses were mostly due to stalled projects, as well as the inability to sell new properties in a struggling economy. 

Also read - Residential Market Witnessed A Surge In Sales Between July-September


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