Transferable Development Rights (TDR) have emerged as a crucial tool in real estate, enabling conservation amid urbanisation. This strategic approach controls urban expansion while preserving green spaces and historical sites. The TDR plays a … READ FULL STORY
A conveyance deed is a vital legal document that transfers the ownership of land to a cooperative housing society from a developer or from the previous landowner. In several cities like Mumbai, many housing … READ FULL STORY
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
The much-awaited Development Plan (DP) 2034 of Mumbai is a mixed bag for stakeholders, as there are some positive provisions, as well as some other areas of challenge. It is interesting to note that … READ FULL STORY
The Slum Rehabilitation Authority (SRA) and the Housing Department of Maharashtra failed to shift slum-dwellers from the airport land in Mumbai, even ten years after a private builder was given the job of building … 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
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
The Inspector General of Registration (IGR) offices in Maharashtra earned Rs 17,244 crores by the end of January 2016 from stamp duty collection. This year, however, the collection was Rs 16,254 crores till January … READ FULL STORY
Mumbai has a new Transfer of Development Rights (TDR) policy that is linked to the width of the road beside the project’s site. As per the new policy, projects on roads that are less … 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
Recently, the Brihanmumbai Municipal Corporation (BMC), proposed to increase the floor space index (FSI) in Mumbai from 1.33 to 2.0. Such an increment, will directly impact the property prices in the area. FSI, also … READ FULL STORY
