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Civic body mocks extra FSI concept

No Comments Sub Category:Uncategorized Posted On: Dec 29, 2011

There is nothing called extra FSI concept if it is not not given to the buyers for their use.

It is the builders who in the name of extra FSI misuse it by including the free spaces as super built up areas.

The free spaces include parking areas, balcony spaces and flower beds.

Due to this misuse, a new rule has been made in which builders have to pay 100% premium on any 25% additional FSI they are allowed to use in a project.

According to new Development Control Rules (DCR), builders have to include flower beds, deck parking and balconies in the FSI and they have to pay for those extra spaces.

Source: Daily News & Analysis

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