Floor Space Index
With the growing urbanization and the need for affordable housing in the country, Union Minister for Housing and Poverty Alleviation feels that the developers can manage the situation. The challenges of these two factors are growing in the metro cities of India, but he feels developers can handle the challenges. Approximately 50% of the population [...] Continue Reading »
The revised development plan which was suggested for old city by the elected members of Pune Municipal Corporation have to wait another month to see the light of the day. The civic body has claimed that it will take at least a month to publish and display the plan. Earlier, PMC had approved the development [...] Continue Reading »
The Central Government has suggested the state authorities to review the floor space index (FSI) policy again to meet the affordable housing demand in Mumbai. In a city like Mumbai where 50% of the population stays in slums, it becomes very difficult for them to afford houses near workplaces. Due to which, Union housing minister [...] Continue Reading »
Ahmedabad- On one hand, the developers are waiting for an increase in floor space index (FSI) rules and on the other hand the year 2012 recorded 46 percent drop in the residential unit supply in Ahmedabad. The maximum number of projects in Ahmedabad were in mid segment while the it was just 12 percent in [...] Continue Reading »
Ahmedabad- Affordable housing sector, which is on hype in the last one decade, has emerged as an important issue in Ahmedabad. Knowing that the new development plan, which was due for more than a year, will be announced shortly, realtors are highly stressing on housing needs of the city. Developers are anxious as the new [...] Continue Reading »
Affordable housing remains the most critical issue in Gujarat, say experts. Experts from various sector opine that the issue has reached critical dimensions due to the state’s high urbanization growth rate compared to other states. The state witnessed political clashes during assembly elections based on the issue. Gujarat Congress declared ‘own house’ or ‘Ghar nu [...] Continue Reading »
Pune Municipal Corporation has recently approved the development plan (DP) for old city areas which was in draft mode for long. The general body of the municipal corporation approved the same after12 hours of discussion and speeches by 53 corporators. It was approved after three long months of getting it. At the end of discussion, [...] Continue Reading »
The increase of floor space index (FSI) to 2.5 is still not finalised for redevelopment of residential colonies constructed by the Maharashtra Housing and Area Development Authority (MHADA) in Pune. 2.5 FSI has been granted for Pune and Pimpri-Chinchwad but the rules for the same are yet to be finalised. The Pune division of Mhada [...] Continue Reading »
Pune Municipal Corporation has recently demolished illegal constructions in the city spread across 2095 sqft area in Kondhwa Khurd. This initiative was taken after a three storey illegal building collapsed in the last week of September last year killing 11 people. The building was built in low water zone area where only 0.33 floor space [...] Continue Reading »
Maharashtra Government has approved the use of no development zones (NDZs) for industrial, commercial and residential activity in the state. This approval was given in the exit policy for special economic zones (SEZs). In the NDZ areas, a basic floor space index (FSI) of 0.5 will be allotted. The new industrial policy which was recently [...] Continue Reading »
