NAREDCO

Premium on FSI hiked in Mumbai, homes to become more expensive
Mumbaikars should gear up for more expensive homes after Maharashtra Chief Minister issued a notification, increasing both the premium amount and the floor space index (FSI) in Mumbai’s suburbs. This announcement comes after the Maharashtra Budget’s proposal to increase the premium on the floor space index (FSI) to generate more revenue. FSI denotes the total […]

‘TOD’ is the latest Buzzword in Delhi
“India needs to work towards Transit Oriented Development. Compact cities that can recycle their waste and water and most importantly have a great transportation system is the need of the hour,” said Amitabh Kant, MD, DMIC while addressing the National Real Estate Development Council (NAREDCO) conference in New Delhi. Several reports are out stating that […]