FSI calculations
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 »
Ahmedabad Municipal Corporation (AMC) resumed its sealing drive on Monday after a gap of one month. Civic officials sealed 156 commercial units in eight complexes between Stadium Circle and Swastik Crossroads which has seen the maximum action from the AMC. Civic officials said that the shops sealed on Monday operated from buildings which were shown [...] Continue Reading »
Industry experts said the new rule (BMC proposal to bring more areas under Floor Space Index calculations) could force developers to pass on the cost ultimately to the buyers since including additional components in FSI would lead to less construction. The Maharashtra Chamber of Housing Industry (MCHI) has welcomed BMC proposal to bring more areas [...] Continue Reading »
