Mumbai: The Slum Rehabilitation Authority (SRA) has proposed a significant hike in the corpus fund collected from developers for every tenement constructed under slum redevelopment projects. Currently, the contribution is fixed at ₹40,000 per tenement, but it may rise to between ₹1 lakh and ₹3 lakh, depending on the height of the building.
Since only the state government has the authority to amend SRA rules, a notification inviting objections and suggestions from the public was issued on September 22.
### Safety and Maintenance Guarantee
The corpus fund is intended to cover the maintenance of redeveloped buildings for ten years, during which slum dwellers occupy their allotted homes free of cost. Additionally, the fund pays for firefighting systems and other essential safety measures.
At present, developers deposit ₹40,000 per tenement with the SRA. Earlier this year in January, the SRA CEO urged the Housing Department to revise the regulation under Mumbai’s Development Plan, arguing that higher contributions are necessary to provide adequate safety in high-rise rehabilitation towers.
### Fund Rises With Building Height
According to the new proposal, the fund will increase based on the building’s height:
– ₹1 lakh per tenement for buildings up to 70 metres (about 23 floors)
– ₹2 lakh for buildings between 70 and 120 metres (roughly 40 floors)
– ₹3 lakh for buildings taller than 120 metres
Officials explained that when most rehabilitation buildings were limited to seven floors, ₹40,000 was sufficient. But as new projects increasingly involve tall towers, the costs of lifts, additional staircases, firefighting systems, and long-term upkeep have risen sharply.
Residents, unused to bearing such expenses, often resist paying maintenance charges, which leads to rapid deterioration of buildings.
“The higher corpus will ensure buildings remain safe and livable, even when residents cannot contribute,” said an SRA official, justifying the proposed hike.
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https://www.freepressjournal.in/mumbai/mumbai-sra-proposes-steep-hike-in-corpus-fund-developers-may-pay-up-to-3-lakh-per-tenement-in-tall-rehab-towers
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