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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 […]

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Under construction 3

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 […]

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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 […]

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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 […]

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Architects Oppose Revised RTI Order: Claim That It Will Not Provide Building Plans

The Maharashtra state chief information commissioner had issued orders in September this year barring all state public authorities from providing building plans under the RTI (Right to Information) Act. The order was then reversed and a revised order was given stating what can be provided under the Act. Architects in Mumbai are now opposed to this […]

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