Floor Space Index calculations
The Maharashtra government is considering awarding higher Floor Space Index (FSI) for cluster development in Mumbai, and may announce a re-development policy soon. This might boost re-development of derelict buildings in the city. The index is the ratio of a building’s total floor area to the size of the piece of land upon which it [...] Continue Reading »
Developers are reeling from the after-effects of the Adarsh scam. After-effect of Adarsh Society Scam, BMC and state government departments refusing to clear files seeking approvals for major construction projects. New municipal commissioner Subodh Kumar has also tightened the screws on the manner in which files are being cleared and is believed to be working [...] Continue Reading »
