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BMC is looking to simplify redevelopment process for leased plots
Q: Yes, redevelopment projects on Brihanmumbai Municipal Corporation's leasehold plots are set to become easier.

occupancy certificate
bmc
noc
leased property
municipal corporation of greater mumbai
mcgm
brihanmumbai municipal corporation
leasehold plots
amalgamation of plots
redevelopment of municipal leased properties
redevelopment of cessed buildings
Latest Answer: Hi Bulbul, If i am not wrong, it also includes the granting an procedure of granting an NOC to get an Occupation Certificate for redevelopment of municipal leased property.
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Maharashtra appoints 10 IAS officers as mentors for smart cities
Q: The Maharashtra government has appointed 10 senior IAS officers to mentor each of the 10 cities in the state that have been selected for the Centre's "Smart City" project.

smart city
municipal corporation of greater mumbai
mcgm
maharashtra government
urban development department
udd
devendra fadnavis
Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties associated like the center, states, local bodies and private entities, the task would be even more challenging.
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Mumbai's green builders likely to get tax incentive soon
Q: As per a proposal being considered by the municipal corporation, certified green buildings in Mumbai could soon get up to 20% discount on property tax.

green buildings
property tax
municipal corporation of greater mumbai
mcgm
discount on property tax
tax incentive to green builders
Latest Answer: True Rajat, A green or sustainable building involves a structure and process of constructing the structure that is resource-efficient and environmentally responsible throughout a building's life cycle from design, construction and operation to maintenance.
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All satellite towns within the MMR limits should be reserved as smart city aspirants
Q: Have you heard the latest news on MMR? In its draft housing policy, the Maharashtra government has suggested that all satellite towns within the Mumbai Metropolitan Region limits should be reserved as smart city aspirants.

affordable housing
mmrda
fsi
mhada
integrated township
satellite city
mcgm
mmr
maharashtra government
mumbai metropolitan region
smart city project in mumbai
municipal corporations of thane
mira-bhayander
kalyan-dombivli
vasai-virar
smart city centre scheme
fsi of 4
regional planning authority of mmr
Latest Answer: He gyus, I heard that this FSI of 4 shall be divided into two portions, 75% of the built-up area shall be permitted for construction of housing or commercial etc by the developer. The rest of the 25% of the built-up area shall be used for construction of affordable housing. Am i right?
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Salt pans in Mumbai marked as "residential zones" in set up development plan
Q: It's really a good news for Mumbaikers because the salt pans, which till now fell under the No Development Zone.

bmc
fsi
floor space index
no development zones in maharashtra
municipal corporation of greater mumbai
mcgm
maharashtra government
brihanmumbai municipal corporation
housing for all by 2022
chief minister devendra fadnavis
mumbai development plan
mumbai development plan 2034
salt pans
salt pans in mumbai
residential commercial zone
slum rehabilitation authority
whole city all slums
maharashtra govt. new draft plan
Latest Answer: Right Saurav, If Salt Pan lands in suburban areas are allowed to change in usage, can be used for creation of low cost housing for LIG and EWC segments. It definitely has the possibilities to affect availability of land for real estate development, but just by itself it may not be enough.
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Mumbai development plan 2034 proposes FSI up to 8
Q: Hi, What are the pros and cons of new proposed FSI in the development plan?

bmc
fsi
floor space index
affordable housing project
naredco
municipal corporation of greater mumbai
mcgm
maharashtra government
brihanmumbai municipal corporation
housing for all by 2022
tdr
chief minister devendra fadnavis
affordable housing project in mumbai
mumbai development plan
mumbai development plan 2034
properties for sale in mumbai south
development control rules for mumbai
reduction in fsi-tdr premiums
the mrtp act
Latest Answer: @Sunil, Builders are thinking that among number of other changes, the plan had increased the floor space index, which indicates permissible construction on any plot. According to experts, if height and developable limitations are re-engineered, companies will have to go back to the drawing board and reconstruct plans.
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Government is planning to allow international arbitration for infra development disputes

bmc
fsi
floor space index
ppp model
infra development plans
affordable housing project
naredco
municipal corporation of greater mumbai
mcgm
ppp
neutral city
international arbitration
maharashtra government
brihanmumbai municipal corporation
housing for all by 2022
tdr
chief minister devendra fadnavis
mumbai development plan
mumbai development plan 2034
development control rules for mumbai
the mrtp act
Latest Answer: Hi Abhishek and Ashish, You mean to say that the coming year will be a period of uncertainity and a number of project launches will be stopped. Then Developers will must have difficulty to lock project layouts as the new plan will have different rules for open space regulations, height restriction of buildings and general usage of space.
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DB Realty expects approvals for three stuck projects soon
Q: Mumbai-based real estate developer DB Realty said on Wednesday that three of its projects in prime locations of Mahalaxmi, Marine Lines and Bandra (West) in Mumbai, which were stuck for lack of clearances from state government departments, are expected to get approvals soon.

db realty
projects in mumbai
crz
mahalaxmi
marine lines
bandra west
municipal corporation of greater mumbai
mcgm
maharashtra coastal zone management authority
mczma
Latest Answer: As a reply DB told that it has submitted its plan for approval to MCGM and expects to get the approval for the project between January and March 2015. In another project to be developed in the prime suburb of Bandra, the high court has directed the MCZMA to issue clearance to the effect that the property falls outside the CRZ (coastal regulatory zone) purview and further directed MCGM to consider the application for development of the property in accordance with law.
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