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Maha

Maharashtra: Recent regulatory developments and their impact

In order make the real estate sector more organised and bring-in the much needed transparency, several new policies and regulations saw the light of the day in Maharashtra. In this article, CommonFloor has analysed the top six regulations along with their impact on the realty sector. 20% LIG housing reservation The dream of affordable housing […]

nikunj.j

I_architectural floor plans

Floor Space Index in 8 Major Cities

Floor space index (FSI) or floor area ratio (FAR) basically defines the ratio of the total covered area of construction to the total plot size. For example, if the FSI/FAR is 1 and the total plot area is 2,000 sq. ft., then the maximum buildable area of the building must not be more than 2,000 […]

karthik.k

New Policy to Boost Cluster Redevelopment In Mumbai

Cluster redevelopment, also referred to as urban renewal scheme is expected to get a boost due to the upcoming policy, as it will be offering more benefits to both developers and residents in Mumbai. The new policy will be replacing the existing policy, making cluster redevelopment more attractive than standalone redevelopment. The new policy is […]

karthik.k

MHADA To Get 200 More Tenements

The Maharashtra Housing and Area Development Authority (MHADA) has said that it is expecting to get a total built-up space of 70,000 sq.ft from developers who are redeveloping old and dilapidated buildings in the island city of Mumbai by the year-end. The chief officer of MHADA stated that the development body was yet to receive […]

karthik.k

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