IMPLEMENTATION MECHANISM The existing land acquisition mechanism during implementation of an LAP proves cost-ineffective. To avoid this cost, the proposed mechanism to compensate the plot owners whose land will be contributed in development of public infrastructure is based on two major principles -
If land is re-developable, Depending on the area of plot lost under public domain, compensation will be granted by 100% FSI of the lost plot If land is NOT re-developable, Land to land compensation of plot with similar area within the LAP boundary based on a lottery system. If not compensated via land, the plot owner will be compensated through existing TDR mechanism.
There are multiple scenarios in the LAP site, the compensation mechanism for which is proposed as:
Scenario 1
Plot becoming Non-Redevelopable after Deduction
Land-to-land transfer on government plots within the LAP + Sale TDR
Scenario 2
Scenario 3
Plot Divided by Proposed Plot Divided by Proposed Roads remaining Roads becoming redevelopable non-redevelopable
Sale TDR + Additional FSI on deducted plot area
25 / VISION: FROM MUMBAI’S NODE TO A HUB
Sale TDR on deducted plot area + FSI on full lost plot area
Scenario 4
Plot abutting discontinued and proposed roads
Area under road widening is adjusted within area under discontinued road
local area plan for dadar