Maharashtra government will ensure that all approvals across all urban bodies including municipal corporations and municipal councils will be done electronically, announced Chief Minister Devendra Fadnavis at a book release event in Mumbai in February. “While the number of approvals has been cut by 52% and it now takes 60 days compared to 365 days earlier, we want to ensure a seamless process without any human intervention,” he said addressing the concerns raised by industry experts including Architect Hafeez Contractor; Mahindra Life Spaces, Chairman, Arun Nanda; Madhusudan Menon Executive Chairman and co-founder of Micro Finance Housing Finance and consumer activist Rajendra Joshi.
The delay in approvals is resulting in rising interest cost that is being passed on to the buyer. Moreover, it is no more affordable housing, but it is about providing the entire ecosystem without too much travel to the workplace for the common man. Stating that transharbour link would open up land parcels in the island city, Fadnavis said, “We have received all approvals and by March RFQs will be out, which will be funded by the Japanese agency – JICA. The entire salt pan land could be used for affordable housing.”