Extra FSI
Now, developers have to do some social service to get an extra bit of floor space index (FSI)! According to the new development plan (DP), it has been proposed that extra FSI will be granted to those who are willing to build a public toilet on a part of their land. The new plan is [...] 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 »
Corporators say that the change in the development control rules (DCR) and plan to do away with the civic chief’s discretionary powers and bring lift spaces, flower beds, ducts, upper-level car parking, voids and so on, under chargeable FSI, will hurt the common man. While the builders are angry that the BMC has decided to [...] Continue Reading »
