Rental housing scheme to get a high by favourable parameters
For a better rental housing scheme in Mumbai, MMRDA chief wants the floor space index (FSI) to be little flexible.
The developers can then work on a good rental housing scheme.
Developers supporting rental scheme recommends for a better amendment in the approved FSI.
According to the scheme, the state government had plans of building low cost 5 lakh housing units in between Rs 800 to Rs 1500 per month.
Out of all houses, 10% will be given to special groups and remaining will be affordable housing for common man.
Source: The Times of India
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