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floor space index

terminologies

Decoding Apartment Sizes: How to Choose the Right BHK?

If you are buying an apartment, you have to make certain important decisions as a buyer. One of these major decisions includes choosing the right size of apartment that caters to you and your family’s requirements. This involves understanding important factors such as the different terminologies used by the builders and analysing your requirements. This […]

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Mumbai homes

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 […]

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 […]

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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 […]

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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 […]

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