Madhya Pradesh Housing Redevelopment Policy 2022
The Madhya Pradesh Housing Redevelopment Policy 2022 facilitates the reconstruction of dilapidated public and private housing schemes older than 30 years. It offers key incentives including 0.50 additional FAR, 100% stamp duty exemption for redeveloped units, reduced stamp duty of 0.25% on compensatory components, and freehold land conversion without fees. The policy aims to upgrade urban housing stock through PPP models or self-redevelopment by Resident Welfare Associations (RWAs).
Key Summary
- Ministry / Authority
- Urban Development and Housing Department, Government of Madhya Pradesh
- Incentive Type
- Housing redevelopment package (additional FAR, stamp duty exemptions, freehold conversion, and municipal charge waivers)
- Incentive Rate
- Additional 0.50 FAR; 100% stamp duty exemption on redeveloped units; 0.25% stamp duty on sale of compensatory components (CC); 100% exemption on leasehold-to-freehold conversion fees; 100% exemption from EWS/LIG construction obligations and shelter fees; transit accommodation or rental paid by developer for up to 36 months
- Min. Investment
- —
- Application Deadline
- Open
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