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New rules to calculate FSI in Mumbai.
Q: The government introduced new rules for calculating the FSI. Will it be helpful for the builders to sell properties in lesser price?

mumbai
bmc
fsi
new rules
floor space index
brihanmumbai municipal corporation
new building regulation in mumbai
new building bye-laws in mumbai
fungible fsi
Latest Answer: You are right Praveen, These rules would bring in transparency and curb corruption as they limit discretionary powers of authorities and provide a level playing field for all developers. Brihanmumbai Municipal Corporation (BMC) expects to earn upto Rs.1000 crores a year, which would be used in infrastructure developments in Mumbai.
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