The state government’s newly framed rule making it mandatory for builders to deposit three years’ rent upfront before residents vacate their homes for redevelopment has sparked strong discussion in Nagpur’s housing circles.
The policy, announced by Deputy chief minister Eknath Shinde, is meant to prevent residents from being stranded after vacating old buildings — a situation that has hit several localities like Dharmeth, Laxmi Nagar, Gandhibagh, and Lakadganj, where SRA and other redevelopment projects have faced long delays.
Under the new rule, developers must pay three years’ rent to all displaced families before demolition begins. This aims to ensure financial security even if construction stalls.
Ruturaj Jadhav, Additional Director of Town Planning, Nagpur Municipal Corporation (NMC), said the move could bring accountability if strictly enforced.
“In several Nagpur areas, residents have been waiting years for promised homes. This rule will force builders to plan responsibly,” Jadhav said. “NMC must, however, verify rent payments and project timelines to make it effective.”
He suggested forming a redevelopment monitoring cell to track compliance under SRA and cluster projects.
Officials say the rule applies across redevelopment models, including public–private partnerships. Experts warn smaller builders might struggle to arrange funds upfront, but most agree it’s a major step toward fairer, resident-centric redevelopment in Nagpur.
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