Floor space index (FSI)
Chennai- A commercial building on NSC Bose Road in Parry’s was seized by the Chennai Corporation as it violated the building rules. The Corporation officials were on a drive to curb unauthorised buildings in Chennai. The owner of the building got the building plan approved for only ground and first floor but he had constructed [...] Continue Reading »
Chennai- The proposed Tambaram Eastern Bypass Road, which has been in the pipeline for nearly a decade, but with the announcement of a floor space index (FSI) of 2.5, has become a hot cake for developers. Though the residents of Sadanandapuram and the Tamil Nadu government are in a long term dispute over the project, [...] Continue Reading »
Mumbai- Sandhu Palace, the tallest tower on Pali Hill, which is supposed to be the most expensive controversial residential building of Bandra, is up for sale. In October, Sandhu Developers, has put the property for sale at a price of $147 million, or around Rs 800 crore. More than Rs 60,000 per sq ft, was being [...] Continue Reading »
The Maharashtra government has announced that it will soon increase the floor space index (FSI) in the state. The consideration comes as a way to permit developers to build taller buildings to promote the development of integrated townships around the state’s densely populated cities such as Mumbai and Pune. The government also sees it as [...] Continue Reading »
The Mumbai Metropolitan Region Development Authority (MMRDA) eyes to ensure full utilisation of four floor space index (FSI) for its land-buyers in business hubs at the Bandra-Kurla Complex (BKC) and Wadala, so that more revenue can be earned. The MMRDA has requested the Canada-based International Civil Aviation Organisation (ICAO) to study the scope of raising [...] Continue Reading »
The district deputy registrar of Nashik, Bajirao Shinde stated that Conveyance Deeds of over 90 per cent of properties in Nashik city are yet to be executed. Nashik city has more than 12,000 residential societies and apartments, but records show that conveyance deeds of over 11,000 properties have not been executed. The city has a [...] Continue Reading »
The much-debated Maharashtra Housing (Regulation and Development) Bill has inched towards implementation as it received a verbal consent to the contents of the bill from governor K Sankarnarayanan. Approved by the state legislature in the monsoon session of the assembly, the bill had been sent to the governor’s office for consideration. Based on a representation [...] Continue Reading »
Statistics suggest that there is a wide gap between the demand in supply of housing – both in terms of quality and quantity, in urban India. Technical Group constituted by the Ministry of Housing and Urban Poverty Alleviation (MHUPA) reveals data that shows that the urban housing shortage in the country at the end of [...] Continue Reading »
The Bombay high court has directed the BrihanMumbai Municipal Corporation (BMC) to clarify its stand on the excess allotment of floor space index (FSI) to Hotel Sea Rock. The civic body is being directed by the court after an FSI of 5.5 has been permitted in the reconstruction of Hotel Sea Rock at Bandra when [...] Continue Reading »
Taller the structure, the more attention and visitors it attracts and Gujarat is all set for this. The state urban development department has confirmed the development of a policy, which is in the pipeline, that will allow tall buildings to come up in Ahmedabad city. A source in the department said buildings up to 40 [...] Continue Reading »
