Maharashtra Urban Development Minister Eknath Shinde stated on Friday that Thane would be “the first city in Asia” to be redeveloped under a cluster development model.
Shinde said in a statement that it is one of the Shiv Sena-NCP-Congress government’s ambitious plans in the state.
The Thane project is expected to be approved soon. “Cluster development is the economic growth of residential areas to safeguard open spaces and environmental resources,” according to experts, according to the release, adding that “houses are built closer together on a specific plot of land rather than distributed uniformly across vast areas” under this scheme.
Unsafe and dangerous structures should be “rehabilitated” as soon as practicable, and courts should be urged to resolve ongoing disputes involving such structures as quickly as possible. Shinde, a Thane-based Shiv Sena politician, was cited as saying.
According to the statement, projects under the cluster plan would be registered under the RERA (Real Estate (Regulation and Development) Act.
Surprisingly, some people are opposed to the idea, according to the press release. Residents of unlicensed structures will be given 300-square-foot units but will have to pay at least 25% of the market value, according to the statement.