Real Estate Forum on Fsi

Latest Answer: what is the forms for payment of premium fsi in detail please , my client asking for the premium fsi, and property is located in the approved layout having 12 m wide road width. for this i had got appoval for Stilt , 2 floor , but now he asking for more built up area so that i need the clarification for Premium FSI . and height of the building which is allowable in the corporation limit please

Latest Answer: The current FSI stands at 1.5 in Chennai for ordinary building (Not more that 8 units or high-rise building). Plot Coverage - At the ground floor, the constructed area coverage shall not exceed 70% of the Land area. This means the entire construction, though within the norms should not be done to cover the entire plot. This ensures opens space which is essential for air, natural light and safe in times of emergencies. Setback Space - Front, side and rear setback shall not be allowed as per the Regulation. The details may vary depends on the dimension of the plot. Height of the building - It should not be exceed 1.5 times the width of the road or maximum of 9 meters.

Latest Answer: HI I feel this could be 1.5 FSI.

Latest Answer: Yes, and this time they will get larger homes. Earlier it was decided to give them 300 sq-ft. tenements. Now, they will get an additional 100 sq-ft. on account of the fungible FSI.

Latest Answer: Right Sasidharan, The state hopes to mop up around Rs.3500 crore to Rs.4000 crore with the move and the premium received will be shared equally between the state government and the civic body.

Latest Answer: Yes, earlier, TDR was available like any other commodity. It could be used anywhere in any part of Mumbai. The price was neutral. Demand and supply were the guiding factors. But today, it is very clearly differentiated based on RR rates.

Latest Answer: A government resolution issued on October 2017. The bhoomi pujan for the two lines-Metro II (Dahisar-Charkop-Bandra-Mankhurd Metro Corridor Phase I-Dahisar East- DN Nagar) and Metro VII (Andheri East-Dahisar East)-was recently done by Prime Minister Narendra Modi.

Latest Answer: You are right. Mhada should not sell its land and allow a portion to be used for luxury construction. According to me, it is the only one in a position to bring economic balance in the real estate market.

Latest Answer: It is because, MHADA and some other govt. agencies have a limit on construction of houses as it becomes financially not useful for them who are beyond a certain limit. Thereby, the govt. wants the participation of private builders to ensure affordable homes to a large number of people.

Latest Answer: Right Nikita..... What is Non-FAR area? Which all area comes under it? Are these area exempted under FAR computation?