Floor Space Index
According to the recent Bombay high court‘s order, housing society also has to be present to approve extra floor space index (FSI). This is due to changes in the recent development control rules. This norm also applies on a society which has not yet registered or the land has not been landed over by the [...] Continue Reading »
There has been many demolitions going on in cities based on illegal constructions or violating Floor Space Index (FSI). Similar incident happened recently in a flat in Juhu, Mumbai where extra spaces including lily ponds and deck areas were demolished by BMC, On July 30, municipal corporation ordered either the places taking extra floor space [...] Continue Reading »
Where is Hyderabad in investors’ list? It seems like the builder-friendly policy’s efforts are too less in attracting the investors in real estate sector. Political turmoil! Yes, this has been blocking the way of the policy. The unlimited Floor Space Index (FSI) in Hyderabad is definitely coined as the best in the country. However, keeping [...] 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 »
The new development control (DC) rules-to allow developers to build 25% over the permissible Floor Space Index (FSI) in return for a 100% premium to be paid to the Brihanmumbai Municipal Corporation (BMC)-were passed unanimously by the civic body on Wednesday, the last day for filing objections and suggestions on the DC rulesnotified by the [...] Continue Reading »
A building on Anna Salai, Chennai has violated development regulations like setback area, floor space index and parking allotment. The owner of the building obtained permission from Chennai Corporation in 1987 for construction of ground plus one floor for a furniture showroom. But, the owner deviated from the original plan and constructed ground plus three [...] Continue Reading »
We all know that builders do violate a few big and small Floor Space Index (FSI) norms. But due this, home buyers have to suffer. Similar situation happened when there was a CID inquiry being conducted into alleged violations of FSI norms in the apartments on Palm Beach Road, Mumbai. Some residents seem to know [...] Continue Reading »
In the early days, buildings were sold by carpet areas. In the 1960s, buildings began to be sold by built-up area (BUA), which includes walls and some passages, but excludes lifts, staircases, common passages, flowerbeds and other non-living spaces. The built-up area counted in the floor space index (FSI) was between 10% and 20% more [...] Continue Reading »
Mumbai state government cleared 100% premium on the additional 25% Floor Space Index (FSI). While the premium charged on residential projects has been fixed at 100%, the premium for industrial areas will be charged at 125% while that for commercial projects will be fixed at 150%. Currently, builders are known to sell flats with added [...] Continue Reading »
Hundreds of buildings in Chennai are said to have violated building norms namely floor space index and parking. The builders are known to get plan permits from the corporation for ground and first floors before building additional floors. But they violate the rules and add more floors to the building. On Friday, Chennai Metropolitan Development [...] Continue Reading »
