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Tag: FSI

Home » FSI » Page 4

Current News
By PTIMarch 15, 2018

Maharashtra open to property tax waiver demand for 750 sq ft houses: CM

Maharashtra chief minister Devendra Fadnavis, on March 14, 2018, said that his government was positive to the demand of waiving property tax for houses with a carpet area of 750 sq ft. “The Brihanmumbai … READ FULL STORY

Locality Trends
By Ravi SinhaDecember 21, 2020

Noida Extension: Prices remain affordable, albeit with infrastructure challenges

After nearly a decade of Noida Extension being carved out and planned by the government agency, the region faces numerous civic woes – from bad roads and traffic bottlenecks, to overall infrastructure deficit. This … READ FULL STORY

Current News
By PTIJanuary 11, 2018

Additional 0.5 FSI in island city of Mumbai

The Maharashtra government, on January 10, 2018, issued a notification announcing proposed amendments to the Development Control Rule 32 for Greater Mumbai. The amendments seek to grant additional, optional 0.50 floor space index (FSI) … READ FULL STORY

Current News
By PTINovember 24, 2017

18 Mumbai builders get stop work notice for defaulting on premium payment

The Brihanmumbai Municipal Corporation (BMC) has issued stop work notices to 18 developers, executing as many housing projects with different names, on the civic body’s land in the city, for failing to deposit the … READ FULL STORY

Property Trends
By Rahul NaharNovember 22, 2017

Will increased FSI hurt affordable housing?

Rapidly increasing urbanisation in India, is placing increasing pressure on the country’s housing stock. There is presently a shortage of 20 million homes across urban India and with 10 million more people choosing to … READ FULL STORY

Current News
By PTISeptember 1, 2017

Elevated suburban rail tracks could have eased Mumbai flood woes: Congress MLC

The Maharashtra government should have gone in for the construction of an ‘elevated rail track’ over the existing suburban network of the Western and Central Railways, from south Mumbai towards at least Ghatkopar and … READ FULL STORY

Current News
By PTIJune 12, 2017

HC vacates stay on raising FSI under cluster redevelopment project, in Navi Mumbai

In a reprieve for the Maharashtra government, the Bombay High Court, on June 9, 2017, vacated a stay granted on allowing an increase in the floor space index (FSI) for new buildings proposed to … READ FULL STORY

Property Trends
By Vibha SinghMay 10, 2017

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
By Colliers ResearchMay 8, 2017

Mumbai Development Plan 2034: Focus on affordable housing

The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for … READ FULL STORY

Current News
By PTIApril 24, 2017

Maharashtra CM kicks off BDD chawl redevelopment project in south Mumbai

Maharashtra chief minister Devendra Fadnavis, on April 22, 2017, said that the redevelopment of Bombay Development Directorate (BDD) chawls in Mumbai, will raise the standard of living of over 12,000 families, currently staying in … READ FULL STORY

Property Trends
By Ashutosh LimayeFebruary 21, 2017

Pune’s quaint bungalows finally give way to high-rises

As cities mature, their skylines start growing vertically and horizontal expansion reduces. The preference of homebuyers to live in high-rises and luxury towers also increases as urban sprawls expand. This transition in Pune, started … READ FULL STORY

Current News
By Colliers ResearchFebruary 20, 2017

Pune’s new Development Control Regulations: Small projects to benefit more

The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from … READ FULL STORY

Current News
By PTIJanuary 6, 2017

MHADA areas to be redeveloped by charging only premium

Housing minister Prakash Mehta, on January 5, 2017, announced that the Maharashtra government will only take a premium for redevelopment of Maharashtra Housing and Area Development Authority (MHADA) layouts and that the condition that … READ FULL STORY

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