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: FSI
Must Knows
Maharashtra self-redevelopment scheme: All you need to know about it
In cities like Mumbai, land is very scarce but the demand for housing is growing continuously. Moreover, some of the buildings in Mumbai and in other cities, have outlived their useful life and pose … READ FULL STORY
Property Trends
Unified DCPR: A win-win initiative for Maharashtra real estate
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
Property Trends
Budget 2021: Tax holiday for affordable housing under Section 80IBA extended for another year
In a move that could incentivise the construction of affordable homes in India, finance minister Nirmala Sitharaman, on February 1, 2021, extended the scope of the tax holiday provided to affordable housing projects. By … READ FULL STORY
Must Knows
How to do due diligence for land purchase
While every individual dreams of owning a property 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 … READ FULL STORY
Property Trends
Mumbai DCPR 2034: Can it solve Mumbai’s real estate problems?
As the much-awaited Development Plan (DP) 2034 of Mumbai was unveiled by the state government in May 2018, the ‘Development Control and Promotion Regulation 2034 (DCPR 2034)’ was put up for public suggestions. Now, … READ FULL STORY
Did You Know
Real estate basics part 2 – OSR, FSI, Loading and Construction Stages
Want to read up about Carpet Area, Built-Up Area and Super Built-Up Area? Know what exactly Developers mean when they use these terms, in Part 1 of our Real Estate Basics blog post series: … READ FULL STORY
Property Trends
DMRC and GMR Group among six recipients of 2020 Greenbuild Leadership Awards
The US Green Building Council (USGBC) announced six recipients, to receive the 2020 Greenbuild Leadership Awards at this year’s Greenbuild India conference. The awards recognise organisations and individuals advancing the development of sustainable and … READ FULL STORY
Interviews
Self-redevelopment puts societies in complete charge: Pranay Goyal, Wedevelopment
Q: What is self-redevelopment? How has self-redevelopment been a crucial aspect for societies, especially in aggressive real estate markets such as Mumbai? A: Under self-redevelopment, the entire redevelopment process is planned, executed and managed … READ FULL STORY
Current News
Government might extend affordable housing subsidy to units priced up to Rs 55 lakhs
Update on September 4, 2019: If media reports are to be believed, the government is planning to expand the scope of ‘affordable housing’ by including housing projects costing up to Rs 50-55 lakh in … READ FULL STORY
Commercial Realty
Bandra-Kurla Complex: From marshy land to a prime commercial hub
Bandra-Kurla Complex (BKC) in Mumbai, has been highly successful in limiting the further concentration of offices in south Mumbai and has emerged as one of the most noteworthy locations, vis-à-vis planned developments in Mumbai … READ FULL STORY
Property Trends
Mumbai’s DP 2034: How will it impact Mumbai’s growth
Mumbai’s Development Control and Promotion Regulation 2034 (DCPR 2034) is a blueprint for the growth of the city, in terms of improving infrastructure facilities, easing construction bottlenecks and addressing issues like redevelopment and slum … READ FULL STORY
Current News
BMC eases norms to redevelop dilapidated, non-cessed buildings
The Brihanmumbai Municipal Corporation (BMC) has eased the norms for the redevelopment of old dilapidated buildings in the metropolis. The civic body issued new guidelines in the Development Control and Promotion Regulations (DCPR), to … READ FULL STORY
