Development Control Regulations
Bombay High Court has recently given green signal for additional floor space index (FSI) for around 2,200 redevelopment projects in Mumbai. The only condition that was kept forward by the government was struck down by the bench. The condition was to grant extra FSI in case of ongoing redevelopment schemes for old cessed buildings. Earlier [...] Continue Reading »
Chennai – According to the sources of Town and Country Planning department, the new concept of land pooling inspired from Gujarat will have a provision to benefit the economically weaker sections. In this provision small size plots will be made available to the poor people. Sources believe that the department is following the prevailing practice [...] Continue Reading »
Developers from small cities are eying on the real estate sector of Mumbai. Mumbai real estate has been rising in recent times, though it is known as one of the toughest property markets owing to difficult building regulations, shortage of land and high prices. Builders from Kolkata, Pune and Bangalore are entering into Mumbai real [...] Continue Reading »
Despite an increase in vacancies and low business and investor sentiment, the office rent in various micro markets in Mumbai are still increasing. The main reason for increase in office space rental is that there is a lack of quality supply in superior locations. However, there is a basic scarcity of available good-quality, right-sized Grade [...] Continue Reading »
Dust that flies in from the stone-crushing units in the area is the major problem faced by the residents of Sankar Nagar in suburban Pammal which is a town in the neighbourhood of Chennai. There are 53 stone-crushing units in the Sankarnagar, polluting the homes, streets and shops situated in the area. Exposure to such [...] Continue Reading »
The permission granted for construction of the podium and condoned deficiency in open space for the Adarsh apartment. The permission was granted on the basis of Development Control Regulations of 1991. It is being claimed that the permission leads to a loss of Rs 12 crore to the government as the premium was not paid [...] Continue Reading »
The government of Mumbai has introduced the new development control regulations for the properties in Mumbai. According to the new Floor Space Index (FSI) calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the salable floor area. However according to builders association this decision will increase the cost of the [...] Continue Reading »
Mumbai based developers are very much affected by the newly amended development control regulations. After the recent amendments in DC rules, it is predicted that there might be a hike in property prices which would effect the margin of the developers. As per the new rules, common areas like balcony, flower beds, terraces etc will [...] Continue Reading »
The Gulmohur Residents Association, in its legal notice to the company, said that the building was constructed in violation of various Development Control Regulations (DCR) and has asked it to desist from selling it to a third party till the floor space index issue is resolved. Vibhav Krishna, advocate for the association, reported saying, “the [...] Continue Reading »
In the early days, buildings were sold by carpet areas. In the 1960s, buildings began to be sold by built-up area (BUA), which includes walls and some passages, but excludes lifts, staircases, common passages, flowerbeds and other non-living spaces. The built-up area counted in the floor space index (FSI) was between 10% and 20% more [...] Continue Reading »
