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BMC proposes 14 per cent property tax hike

Mumbaikars should prepare themselves to pay higher property tax bills from April 1, 2015. The Brihanmumbai Municipal Corporation (BMC) has proposed to increase the property tax by up to around 14 per cent and this hike has been planned in the revised property tax rules that will be adopted by the BMC till 2019. The […]

nikunj.j

Mumbai Development Plan 2034 Proposes FSI of 8: Attracts Criticism

The draft of the Development Plan (DP) 2034 for the city of Mumbai prepared by the Brihanmumbai Municipal Corporation (BMC) has proposed a significant increase in the floor space index (FSI) of up to 8, in order to ease space constraints in the city. While the increase in FSI has certain benefits, it has also […]

karthik.k

Maharashtra’s Plan to Regularise Unauthorised Constructions May Provide Relief

One of the major problems that the country’s financial capital, Mumbai, faces is that of illegal constructions. There is always a constant battle of sorts between the builders, residents and the Brihanmumbai Municipal Corporation (BMC), the civic body of Mumbai. While builders are known to continuously flout building norms, BMC is on a constant spree […]

karthik.k

Mumbai’s biggest Redevelopment Project gets BMC nod

The decks have been cleared for Mumbai’s biggest redevelopment project in the south part of the city. The Brihanmumbai Municipal Corporation (BMC) has granted the crucial master plan approval and other sanctions, paving the way for launching the first phase of the ambitious Bhendi Bazaar Redevelopment Project (BBRP). The Rs 4,000-crore project is being executed […]

nikunj.j

Cluster development policy to boost redevelopment in Mumbai

More than 19,000 old and dilapidated buildings in the island city of Mumbai may soon get a facelift. Maharashtra’s Chief Minister Devendra Fadnavis has given his nod to the cluster development policy for the island city. The move is aimed at boosting urban renewal, with new buildings coming up in place of old and dilapidated […]

nikunj.j

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