Additional FSI
The long pending request of Chennai’s commercial property developers to let them use the IT buildings for non-IT purposes like finance, education, hospital, hospitality and retail will very soon be granted. The developers proposal will soon be accepted if the recommendations of the CMDA are approved by the state government.This might be followed by a rule that [...] Continue Reading »
The district deputy registrar of Nashik, Bajirao Shinde stated that Conveyance Deeds of over 90 per cent of properties in Nashik city are yet to be executed. Nashik city has more than 12,000 residential societies and apartments, but records show that conveyance deeds of over 11,000 properties have not been executed. The city has a [...] Continue Reading »
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 [...] Continue Reading »
According to the recent Bombay high court‘s order, housing society also has to be present to approve extra floor space index (FSI). This is due to changes in the recent development control rules. This norm also applies on a society which has not yet registered or the land has not been landed over by the [...] Continue Reading »
For redevelopment of old properties in Pune, Pune Municipal Corporation (PMC) may propose more FSI to tackle congestion in old city areas. The details of the proposal will be incorporated in the revised Development Plan (DP) of the old city. The DP of the old city areas will lay out policies and proposals for development [...] Continue Reading »
New norms for high-rise buildings will stop developers from changing their plans. The new guidelines makes it mandatory for builders to submit a final plan before seeking approval. Learning lessons from the Adarsh housing scam, the Mumbai state high rise committee has framed new guidelines that make it mandatory for builders to submit a final [...] Continue Reading »
