India, Nov. 18 -- The Maharashtra Housing Department released a Government Resolution (GR) on November 13, introducing a new approach to slum cluster development in the state. The policy, approved by the Maharashtra government's cabinet on October 14, was notified on November 13 and will be applicable to cluster development of areas exceeding 50 acres.

Here are five key points to note about the new changes introduced by the Maharashtra government.

The Slum Rehabilitation Project (SRA) in Mumbai is a government-led scheme that redevelops slum areas by providing free, legal housing to eligible slum dwellers. In exchange, developers gain the right to utilise the freed-up land for saleable projects, thereby balancing social welfare with rea...