Maharashtra Revamps Mumbai's Old Buildings: OC Amnesty, Pagdi & Mill Homes

• Maharashtra government announced a revised Occupancy Certificate (OC) amnesty scheme for 20,000 Mumbai buildings, benefiting over 10 lakh residents by regularizing structures and easing financial burdens.
• The government will expedite redevelopment of old buildings on Mumbai's mill lands by amending development rules to provide additional incentive Floor Space Index (FSI) for developers.
• A new regulatory framework for Pagdi buildings aims to provide ownership-based homes, with tenants receiving FSI equal to their current area and landlords getting FSI for land ownership.
• Economically weaker Pagdi occupants will receive incentive FSI to cover full reconstruction costs, and remaining FSI can be converted to Transferable Development Rights (TDR).
• Fast-track courts will be established to resolve 28,000 pending tenant-landlord cases within three years, aiming to accelerate redevelopment of Pagdi buildings.

Why It Matters: Mumbai's new policies will redevelop old homes and regularize buildings, easing residents' burdens.