Q:Maharashtra CM Devendra Fadnavis had recently formed a infrastructure panel and it is expected that the financial issue relating to MSRDC will also be raised in its first meeting.
Latest Answer: Hi all,
As per the latest news, the proposal of widening of Mumbai-Pune Expressway will be put forward in the committee and once it is approved, they will take a decision on raising finance. The MSRDC has land bank and it will be used on a commercial basis to raise fund.
Latest Answer: @ Piyush,
The average built area of a 1BHK apartment is about 530-715 sq-ft. while that of a 2BHK apartment is about 700-1150 sq-ft. The average property value of a 1BHK apartment is about Rs 24-40 lakh and that of a 2BHK apartment is about Rs 30-70 lakh. A 3BHK apartment may cost about Rs 70 lakh-1 crore.
Latest Answer: Right Devika,
Being a special planning authority will also allow the MSRDC to a Floor-Space Index (FSI) of 0.5 to 1 as additional area for high density development against a premium.