Noida's Makeover: Mumbai Model to Revitalize EWS Housing

The Noida Authority has approved a comprehensive redevelopment policy modeled on Mumbai’s urban renewal framework, aimed at transforming dilapidated housing blocks originally allotted to the Economically Weaker Sections (EWS). The initiative seeks to replace ageing flats in prime sectors with larger, modern units for existing allottees, while allowing developers to monetize surplus built-up area through market sales to ensure project viability.

Under the new policy, floor area ratio (FAR) in select areas has been increased from 1.5 to 3.5, enabling vertical expansion and improved land use efficiency. The Authority has already identified four to five buildings in poor condition for initial redevelopment. A Request for Proposal (RFP) will be floated for each project individually, and developers will be required to: Provide temporary accommodation for current residents during construction, Hand over upgraded homes to original allottees post-completion

The policy also introduces a co-developer model in five stalled residential projects, potentially providing relief to over 5,000 homebuyers awaiting possession.

Industry stakeholders have welcomed the move, highlighting its potential to unlock underutilized land, promote vertical housing, and revitalize Noida’s urban core. Key sectors like 27, 93, and 93A are expected to undergo significant transformation, improving both housing access and commercial prospects in central Noida.

News by Rahul Yelligetti.