While every individual dreams of a house once in his/her lifetime, many people still prefer to buy or invest directly in land. Land accounts for the major cost component of any real estate purchase … READ FULL STORY
One of the most popular real estate jargons is Floor Space Index (FSI), often used during buying and selling properties. FSI is the maximum permitted construction level while prioritising safety on a plot of … READ FULL STORY
The Floor Space Index (FSI) is one of the most popular jargons used in the real estate sector. It is basically the permitted construction level, keeping safety paramount. What is an FSI? The … READ FULL STORY
Do you find yourself constantly Googling terms when you are talking with a real estate agent? Do not worry, you are one among many! While doing business that involves an under-construction building, it pays … READ FULL STORY
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
To boost the redevelopment of the cessed and dilapidated buildings, the Maharashtra state government has announced several initiatives. These include stamp duty waiver, additional 10% floor space index (FSI) for buildings with roads less … READ FULL STORY
Real estate developments in a city must adhere to several construction guidelines, including development control norms, to maintain uniformities in building constructions in a city. One way to achieve this is to set specific … READ FULL STORY
In a move that will make redevelopment more appealing for developers in the state, the Maharashtra government has increased the floor space index for 389 dilapidated Mumbai MHADA buildings. Making an announcement in this regard … READ FULL STORY
The Maharashtra government is set to issue a notification for the redeveloping of 388 MHADA buildings in South Mumbai that are more than 30 years old. The move by the state will come as … READ FULL STORY
In a bid to improvise speedy decision making and decentralize the process, the Maha government has cancelled all government resolutions issued by the previous Maharashtra government related to redevelopment of MHADA buildings. Previously, for … READ FULL STORY
In India, floor space index (FSI) norms are put in place to regulate the height of buildings in cities. The same is true for Mumbai, India’s financial capital, where the FSI ranges between 2.5 … READ FULL STORY
Freedom is a luxury and it means different things to different people. Stakeholders within Indian real estate, too, have their own set of definitions. While, for a home buyer, freedom may mean having a … READ FULL STORY
The Indian property market is anticipated to touch the USD 1-trillion mark by 2030, with affordable housing playing an impactful role. With a population that has been surging at a rate of 2.1% on … READ FULL STORY
