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In-Situ Slum Redevelopment: Features and Benefits
In-Situ Slum Redevelopment: Features and Benefits
To make this scheme viable state/UT government and concerned cities can provide
additional Floor Area Ratio (FAR)/Floor Space Index (FSI)/Transferable
Development Rights (TDR).
State and UT governments can give slum rehabilitation grant of Rs. 1 lakh* per
house on average. This sum will be eligible for all those who will be benefitting
from this scheme. This is an average amount and the state or UT government will
have the final say on that.
The state and UT governments will decide whether the constructed houses will be
given as ownership rights or on renewable, mortgage able and inheritable leasehold
rights.
The house projects made under this scheme will have two components: slum
rehabilitation component and free sale component. In slum rehabilitation
component slum dwellers will get a house with basic civic infrastructure. In free
sale component slum developers will be able to sell the house in open market.
State/UT government and cities are supposed to offer additional Floor Area Ratio
(FAR)/Floor Space Index (FSI)/Transferable Development Rights (TDR) for slums
on private land. Here they won’t get any assistance from central government.
The private project developers will provide transit or small-term accommodation
the beneficiary slum dwellers while the construction is going on.