Maharashtra Government Allocates Salt Pan Land for Dharavi Redevelopment Project

Maharashtra Government Allocates Salt Pan Land for Dharavi Redevelopment Project

Maharashtra Government Allocates Salt Pan Land for Dharavi Redevelopment Project

Maharashtra Government Approves 256 Acres of Salt Pan Land for Dharavi Redevelopment Project

The Maharashtra government has approved the allocation of 256 acres of salt pan land in Mulund, Kanjurmarg, and Bhandup for the Dharavi Redevelopment Project (DRP), addressing Mumbai's critical housing shortage. The decision comes amid concerns about using salt pan lands for affordable housing, but the state government has reassured that these parcels are safe for construction and free from environmental or ecological concerns.

Clarification on Land Use

The state government emphasized that the salt pan land parcels had been officially decommissioned years ago, with no salt manufacturing taking place for nearly a decade. The land is located west of the Eastern Expressway, where the sea water never reached due to infrastructure developments. The government clarified that the area does not fall within any Coastal Regulation Zone (CRZ) restrictions and is not ecologically sensitive. The wetlands and creek, home to migratory birds like flamingos, are located on the eastern side of the Expressway, further distancing the DRP area from any environmental concerns.

Government’s Vision for Affordable Housing

This move aligns with the Mumbai Development Plan (DP) 2034, approved in 2018, which highlights the need for affordable housing, especially for economically weaker sections of society. The estimated demand for affordable homes in Mumbai was around 10 lakh units by 2021, with 3.5 lakh units dedicated to economically weaker sections. The government's decision to use salt pan land for housing aims to address this gap and provide much-needed homes for the city's residents.

Support for the Initiative

Despite opposition from some quarters, developers and stakeholders have supported the use of salt pan land for affordable housing. Proponents argue that urban infrastructure projects, including metro car sheds and office complexes, have been successfully built on salt pan land without causing harm. The Dharavi Redevelopment Project, involving public-private collaboration, is viewed as a vital solution to Mumbai's housing crisis, particularly in one of the city’s most densely populated areas.

Conclusion

The allocation of 256 acres of salt pan land for the Dharavi Redevelopment Project represents a significant step in Mumbai’s urban renewal. With reassurances regarding environmental safety and adherence to regulations, this project is expected to provide much-needed housing and improve the infrastructure in one of the city's most critical areas. As the redevelopment progresses, it is poised to address the housing needs of Mumbai's growing population while contributing to long-term urban sustainability.

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

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