Redevelopment work
To increase the redevelopment work of the damaged buildings, the BMC has come up with an improved market policy to make it productive for developers. The Brihanmumbai Municipal Corporation (BMC) will certainly levy less quality on the sale component of the project and for fungible FSI the estate department will not charge anything. The development plan department will charge [...] Continue Reading »
The redevelopment work of around 50 apartments in areas like; Anna Nagar, Besant Nagar, Shanthi Colony and Adyar are paused in legal battles. The issues between apartment owners and the Tamil Nadu Housing Board (TNHB) has left the apartment owners stay in rented houses. The issue is all about implementing a 10 percent increase the [...] Continue Reading »
