The policy is applicable to only pre-1995 slums. Under this policy the slum structures that came up prior to January 1, 1995 will be protected.
What this means is that all those who bought these structures post-1995 will be recognised as bonafide residents and will be eligible for a free house when the slum goes for redevelopment. These residents will have to pay a transfer fee ranging from Rs 25,000 to Rs 40,000.
Chavan reading out a written statement said to enable the Slum Transfer Policy, the government in 2011 had amended the Maharashtra Regional Town Planning Act and now needs to amend section 33 (10) of the BMC's Development Control Rules to implement the policy.
"It will help make Mumbai a slum free city," he said.
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