Tag Archives: affordable housing

Noose tightens around Hiranandani Powai

Hiranandani-3
Hiranandani-3 (Photo credit: Wikipedia)

A special judge has observed that there is a case against Hiranandani constructions for blatant violations in its Powai project.The court also directed the Anti Corruption bureau to investigate the matter and file a report.Along with Hiranandani there are also a few bureaucrats who face the axe.Among them Mr.Thomas Benjamin,a secretary in the Urban Development Department.Mr.Benjamin had curiously levied a Rs 3 crore fine on Hiranandani for the violations,which range into a few hundred crores atleast.The reason that Mr.Benjamin gave was even more curious than the fine.He said that the figure was arrived after referring to the previous decisions of MMRDA and the Govt.

Most people who live in Hiranandani complex do not know that their glitzy apartments worth a few crores were supposed to be part of the Powai Housing Development scheme for economically weaker sections of society.The scheme was announced in 1977 and was supposed to cover the villages of Powai,Kopri and Tirandaz,an area of 140 hectares.The state gave Mr.Hiranandani 230 acres at a Rs.1 per hectare as Mr.Hiranandani was supposedly going to build ‘affordable’ housing for the economically weaker section.

The contract between Mr.Hiranandani,the state and MMRDA was for 10 years during which not only did Mr.Hiranandani not build ‘affordable’ housing but also failed to handover 15% of the residential units to the government,as was stated in the contract.

As a reward for his ‘excellence’,neither the MMRDA or the BMC took any punitive action against Mr.Hiranandani.
In the end,as a token of his appreciation,Mr.Thomas Benjamin slapped a fine of Rs 3 crore and decided that it was enough.

Another day,another scam in the great nation of India.

Also read…

http://www.moneylife.in/article/powai-land-scam-hiranandani-senior-ias-officer-under-acb-scanner/26767.html

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130 Mhada flats in CM quota lying vacant

Over 80 flats from last year and 50 flats from this year are lying vacant in Mhada buildings.This,when there is an acute affordable housing shortage in the city.The situation has arisen as Mr.Chauhan (the current CM) has relinquished his authority to allot 2% flats in affordable housing schemes of Mhada.Mr.Chauhan has avoided housing schemes like the plague after all the recent housing scams.He has given up the discretionary quota too.Earlier CM’s made merry on this quota and rewarded their cronies and yes men with flats in this quota.This way they could buy the press,reporters and other people who needed some incentive to toe their line.
This year too,the Mhada has reserved 50 flats out of the 2593 flats up for lottery,which will has been declared today at Rang sharda auditorium,Bandra.The state govt has not eliminated this quota yet hence this reservation.
Mhada has recieved 1.5 lakh applications for 2593 houses up for grabs.
11,179 applications were rejected.
3995 were filled with the same account number but with different names.177 had same pan number but different names.
Under these circumstances,it would be ideal if the govt could give up the claim over these flats for once and for all.

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Govt falters on 5 lakh affordable houses scheme.

Mumbai, India
Mumbai, India (Photo credit: Wikipedia)

Courtesy:TIMES OF INDIA

Tomorrow, it will be exactly two years since Maharashtra Chamber of Housing Industry (MCHI) and the state government inked a Memorandum of Understanding (MoU). The intent was to develop five lakh affordable homes in Mumbai and the Mumbai Metropolitan Region (MMR). However, in a recent statement, MCHI has claimed that nothing has been accomplished in the last 24 months. According to the builders’ body, the proposal to create five lakh houses as part of the Homes for All initiative between the real estate industry and the Maharashtra government is gathering dust in Mantralaya.

Distant dream
“The overall objective of the initiative was to address the yawning housing demand-supply gap and to provide affordable homes to the economically weaker sections, lower income group and middle income group,” Paras Gundecha, president of MCHI-CREDAI said. In this whole initiative the builders were going to develop the affordable homes on their projects and lands. MCHI also claims that the availability of these five lakh houses would have eased the demand-supply mismatch and kept the market rates under some kind of check. “But unfortunately, today, Mumbai has emerged as the costliest real estate market in the country,” said Gundecha. Gundecha claims the government usually doesn’t give clearances and the few ventures that get the nod are stopped midway. If the same situation persists, then nothing will happen even in the next five years, they say.

High-rises, high prices: Builders say if the project had come to fruition, the demand-supply mismatch in Mumbai, which has emerged as the costliest real estate market in the country, would have been checked to a great extent.

Decision deficit?
According to MCHI, in spite of repeated reminders to the authorities at various levels, nothing has been accomplished, though, as per the MoU, the state government was to extend all necessary cooperation. The MoU envisaged government steps like including revamping legislation, offering incentives to developers, and authorising the nodal agency to provide for a single-window clearance to projects comprising affordable homes. The pact was signed between the then chief minister Ashok Chavan and the then MCHI president Pravin Doshi. Even other ministers and several bureaucrats were present in the meeting. However, with the new CM and the change in bureaucracy, builders say things have changed dramatically.

The government claims that it’s unfair on the part of the builders to play this blame game. “We had meetings with the builders, there were engagements with the chief minister – both the past and the present one. However, some of their demands were practical, and others weren’t. Hence, not everything could be accepted. We did try to accommodate the builders and if the projects didn’t start then it’s not just our fault,” said Sachin Ahir, state housing minister.

April 28, 2010
Maharashtra Chamber of Housing Industry and the state government inked a Memorandum of Understanding (MoU) with the aim of developing five lakh affordable homes in Mumbai and the Mumbai Metropolitan Region (MMR).

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