Overview
- Under the new Iconic City Development policy, authorities like CIDCO will select Construction and Development Operators via competitive tenders to build integrated townships and international-standard commercial districts with defined timelines and revenue-sharing rules.
- The cabinet approved cluster-based redevelopment of MHADA colonies measuring 20 acres or more, with 114 layouts under the Mumbai Board earmarked and MHADA acting as the planning authority.
- Individual flat-owner consent will not be required for these MHADA projects as the policy offers the highest rehabilitation FSI, though developers must secure consent resolutions from housing societies; a Congress spokesperson criticized the change as silencing homeowners.
- A high-powered committee led by the Additional Chief Secretary (Housing) will oversee implementation, alongside administrative steps including new posts for land acquisition and rehabilitation and 339 sanctioned positions at the state skills university.
- Local rollout is advancing with a ‘mini-cluster’ push in Mira-Bhayandar, where officials were directed to send a revised proposal recognizing groups of at least five buildings for approval by the deputy chief minister.