floor space index

14 Major Breakthroughs in Mumbai in 2014
The Mumbai Metropolitan Region (MMR) witnessed quite a few breakthroughs this year. The Mumbai Monorail and the Mumbai metro are only a couple of these breakthroughs, which already showed their effect on the Mumbai real estate. Following are some of the major breakthroughs the city witnessed this year. 1) The much awaited Mumbai monorail between […]

Maharashtra Government to Increase FSI for Cluster Redevelopment
In order to boost cluster redevelopment in Mumbai, especially in the island city, the Maharashtra government is planning to provide higher floor space index (FSI). Despite its introduction five years ago, the redevelopment model hasn’t received much favourable response from developers. The new FSI, along with the new proposed cluster redevelopment policy are expected to […]