Of the many jargons that one would invariably come across in real estate transactions, are FAR and FSI (floor space index). The two terms, which stand for one and the same thing, confuse many … READ FULL STORY
The Unified Development Control and Promotion Regulations (DCPR or DCR) for Maharashtra state, which came into effect in December 2020 and have injected much-needed positivity in the state’s real-estate sector, will also ensure systematic … READ FULL STORY
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
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
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
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
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
“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