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Real Estate Forum on Dcr

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: The directorate of town planning, Pune, has initiated the process to call suggestions and objections regarding the rules made public in November last year
Latest Answer: Because of this issue, the state government has proposed many changes such as sharing revenue of the premium charged and use of transfer development rights (TDR) for plots with road width more than 9m. Dhananjay Khot, additional director of town planning in the Kolhapur Municipal Corporation told that the civic bodies such as the KMC are totally dependent on the revenue generated through the premiums charged to builders and therefore, the clause should be withdrawn.
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Q: The state government issued a notification last week exempting old city areas from area-based restrictions on the utilization of transfer development rights.

Latest Answer: Yes, in the earlier notification issued on January 28, the state government had restricted the utilisation of TDR based on the land size and the road width on any plot. However, the government issued a notification last week stating that specific area-based restriction on the maximum permissible limit prescribed by earlier regulations shall remain in force except for Gaothan areas.
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Q: No additional payment will be charged on fungible floor space index that is used for the redevelopment of chawls and residential buildings on mill lands.
Latest Answer: Yes, and this time they will get larger homes. Earlier it was decided to give them 300 sq-ft. tenements. Now, they will get an additional 100 sq-ft. on account of the fungible FSI.
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Q: Is it true that with the new development control regulations the permissible height of a building along a road according to its width, the high rise committee may become unnecessary?
Latest Answer: But developers thinks that committee takes nine months to a year to approve a plan. It often interferes with building plans not under its operational area. Its task is to look at safety aspects but its comments on other requirements often delay clearances
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Q: To ensure speedier clearances and to cut project costs for the real-estate sector in Maharashtra, government to revise state housing policy soon.
Latest Answer: As od now, in Mumbai itself, all real estate projects are required to get 60 no objection certificates before they are issued a commencement certificate for the project. CREDAI is looking at both reducing the number of NOCs and allowing its submission any time before completion of the project. He added that the present time frame of 6-24 months that is required to issue clearances to real estate projects is also proposed to be brought down to 1 month.
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Q: Will the Mumbai municipality's new amended Development Control Rules (DCRs) be helpful for the buyers and the sellers of realty projects?
Latest Answer: Seems the builders are not happy with the new DCR's. They have plan to go for a strike.
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