Development Control Rules
In an official news release, the Chennai Corporation has revealed that it has efforts underway to launch a fully online system to facilitate developers in getting the requisite approvals for their building plans. According to the Chennai Corporation, the introduction of the fully online system will essentially speed up the building-plan approval process by eliminating [...] Continue Reading »
The BMC recently has been the cause of much public despair and angst, for considering a proposal that would bring construction activity under the purview of local body tax (LBT). The recently introduced Local Body Tax (LBT) in Maharashtra empowers the local civil body to levy taxes on traders for importing goods into the city. [...] Continue Reading »
Pune Municipal Corporation (PMC) has plans of including the norms for setting up mobile towers in the city. This has been planned witnessing many mobile towers coming up in the city. This initiative will be a part of development control (DC) rules which will be included in the revised Development Plan (DP) for old areas [...] Continue Reading »
In order to abide by the new development control rules, developers have had to change plans and resubmit them to the BMC. This process will raise the construction cost of the properties in Mumbai. According to different real estate builders of Mumbai, this decision will increase the cost of construction of properties in a range [...] Continue Reading »
Maharashtra Government asked the Bombay Dyeing Mill to stop the construction of a commercial complex in Prabhadevi area of Mumbai. In the order the authority also asked them to close the eight looms which are functioning at that place. The government asked them to stop the construction work as the group was constructing a commercial [...] Continue Reading »
A common meeting was held in Bandra with the Municipal Chief and the builders, architects, consultants and the real estate agents to ‘clear the air’ regarding the amended Development Control Rules (DCRs). The meeting was ended with a hint of strike by the builders . In the meeting the commissioner asked the builders to submit [...] Continue Reading »
Maharashtra government has announced changes in the Development Control Rules (DCR) for the Dharavi slum redevelopment ahead of Mumbai civic polls. The redevelopment plan of Dharavi was approved in 2004 with an aim to develop roads, toilets, gardens and basic amenities in the area. After the redevelopment, standard of living can be improved and around [...] 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 »
Initially there was delay in project approvals by the concerned authorities but now there has been a sudden rise in the same! The long delayed projects are now getting approved by the Government which in turn are frightening Mumbai builders of excessive supply and price depreciation. According to sources, the approvals will gain pace after [...] Continue Reading »
Subodh Kumar’s new Development Control Rules (DCR) proposals will allow developers to build an extra 25% above the sanctioned FSI in a residential project, for which they will be charged 100% premium. For commercial buildings, the BMC will allow 15% additional built-up area and charge a similarly hefty premium. In a joint statement issued exclusively [...] Continue Reading »
