mumbai in a highlevel meeting headed by the chief minister on friday senior bureaucrats discussed utilizing surplus floor space index fsi available under the new development control rules for rehabilitating residents of the illegal flats in worlis campa cola society and whether or not they would be able to afford a plot in the compound if it is taken back from a developer who currently has thirdparty rights over it the meeting that lasted for three hours was inconclusive it may reconvene on monday the meeting was attended by municipal commissioner sitaram kunte and senior bureaucrats of the urban development department who briefed chief minister prithviraj chavan about the available fsi and whether or not the residents can be accommodated in the same compound or if they need to be provided with mhada flats a senior bureaucrat said he added that though attorney general goolam vahanvati had made a statement before the supreme court on utilizing surplus fsi available under the 1991 development control rules the bmc is yet to ascertain if it would be adequate for the rehabilitation or it required fsi from the plot the developer controls the bureaucrat expressed doubts on if it is feasible to cancel the lease on the plot which the bmc calls illegal this was one of the main options that the bmc was evaluating after the sc on wednesday stayed the demolition of the illegal flats and asked it to explore ways to accommodate the residents the moot question is even if the lease is cancelled will the owners of the illegal flats be able to bear the cost of the plot he said the current market rate for the area is rs 4000050000 per sq ft further the land use of the plot will have to be changed from industrial to residential if the lease was cancelled but the illegal residents were unable to afford it even at subsidized rates other options would have to be sought to accommodate them earlier in the day at a real estate summit organized by the federation of indian chambers of commerce and industry chavan said that the issue showed clearly the need for a real estate regulator in the state chavan also said he had written to the union housing ministry to send to the president the maharashtra housing regulatory bill which has been pending since 2012 chavan said the bill proposes a special police force and powers to seal a property for violations of civic orders such as stopwork notices i dont know when the centres housing regulatory bill will be approved by parliament but we badly need it here he said adding that the state government will come out with a cluster development policy within a week i am not in favour of creating single pencillike structures but like to promote a comprehensive redevelopment plan to maximize use of floor space index he said a cluster policy for thane and other cities will be framed after that other announcements included formulating a