Praman Group

Praman Group

Praman Group

Praman Group

0

Loading ...

The Power of Cluster redevelopment: DCPR 33(9):

SCROLL

Cluster redevelopment under Regulation 33(9) of DCPR 2034 is a process aimed at redeveloping a group of buildings within a defined area. This approach is intended to address the challenges associated with redeveloping individual buildings, such as the need to relocate residents and businesses, and the lack of available land for construction. By redeveloping a cluster of buildings, developers can take advantage of economies of scale and create a more cohesive and integrated urban environment.

 

Under Regulation 33(9) of DCPR 2034, cluster redevelopment is encouraged as a means of revitalizing older neighborhoods and creating more sustainable and livable urban environments. The regulations provide guidelines for the redevelopment process, including requirements for public consultation, environmental impact assessments, and the provision of affordable housing.

 

Since the introduction of 33(7) cessed redevelopment schemes, residents and landlords of old cessed buildings have found a glimmer of hope to redevelop their property and unlock their properties’ true potential. Similarly, the 33(9) cluster redevelopment scheme is poised to be a game-changer for residents and landlords of old buildings, including societies, tenanted, self-occupied structures, commercial, residential, etc., which are aged more than 30 years across Mumbai.

 

The minimum plot size eligible for approval under the cluster scheme of 33(9) is 4000 square meters within Mumbai city limits and 6000 square meters for Mumbai suburbs. This policy offers various incentives for both landlords and tenants, making 33(9) redevelopment more lucrative in terms of area and financial viability.

 

Overall, cluster redevelopment under Regulation 33(9) of DCPR 2034 is a comprehensive approach to urban redevelopment that aims to create more vibrant and sustainable urban environments. It is an important tool for addressing the challenges associated with urbanization and ensuring that cities remain livable and inclusive for all residents.

FOLLOW US