All you need to know about Floor Area Ratio
The floor area ratio (FAR) or floor space ratio (FSR) denotes the maximum floor space that can be constructed on a given piece of land. In other words, it is a ratio between a … READ FULL STORY
Must Knows
Tag: Development Control Regulations
Property Trends
Safety tips for home buyers, to avoid fire hazards in new projects
Fire is undoubtedly a big hazard that people moving into high-rise apartments in megacities, need to consider. The aftermath of gruesome infernos at Kamala Mills in Mumbai’s Lower Parel business district and the fires … READ FULL STORY
Current News
MHADA to be planning body for future government housing schemes in Mumbai: CM
Chief minister Devendra Fadnavis, on May 11, 2018, announced that the Maharashtra Housing and Area Development Authority (MHADA) would be the planning authority, for all future government housing schemes in Mumbai and its surrounding … READ FULL STORY
Property Trends
Allowing developers to construct on Mumbai’s salt pan lands may do more harm than good
After a year-long delay, the final draft of the Greater Mumbai Development Plan (DP) 2034, recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms … READ FULL STORY
Current News
Maharashtra government altering city plans to help builders: Congress
The Congress’ Mumbai chief Sanjay Nirupam, in a statement issued on March 16, 2018, alleged that the rules of the Development Control Regulations were being altered, to help a lobby of builders close to … READ FULL STORY
Property Trends
Mumbai’s revised DCR to allow redevelopment of 30-year-old buildings
In a move that has been welcomed by the residents and developers, the Brihanmumbai Municipal Corporation (BMC) has decided, through the revised Development Control Regulations (DCR), to allow the redevelopment of 30-year-old buildings. This … READ FULL STORY
Property Trends
The FSI premium that is hurting Mumbai’s property market
“Even though I am buying an apartment of 1,470 sq ft in Mumbai, I am not getting even one decent balcony. If this is the situation in a large apartment, I can understand the … READ FULL STORY
