Amendment of MRTP Act
Floor Space Index (FSI) is the ratio of buildable area to the total area of the plot. In a bid to keep prices in check, the Mumbai state government to hike the base floor space index (FSI) in the suburbs. At present, an FSI of 1 is permitted on suburban plots. Besides this, developers are [...] Continue Reading »
According to the source, a service provider can erect a tower only after obtaining a structural stability certificate from a certified architect as well as a no objection certificate from the housing society where the tower is supposed to come up. “We are making changes in the Maharashtra Regional and Town Planning (MRTP) Act to [...] Continue Reading »
