10,000 housing societies to get 0.33 pc fungible FSI
Chief Minister Devendra Fadnavis has given instructions to municipal commissioner Sitaram Kunte for sending the proposal in this regard to the urban development department
Jan 22, 2015
Source : DNA
Devendra Fadnavis, Maharashtra CM

 

Mumbai: Ten thousand cooperative housing societies in Mumbai would also get the benefit of 0.33 per cent fungible FSI (floor space index) for the buildings going in for redevelopment. The 69 Gavthans and the fisermen colonies which fall under CRZ would also benefit.

BJP Mumbai unit president and MLA Ashish Shelar informed that chief minister Devendra Fadnavis has given instructions to municipal commissioner Sitaram Kunte for sending the proposal in this regard to the urban development department. Shelar told reporters that he led a delegation which met Fadnavis and presented the demands. He informed that the chief minister has also instructed Nitin Karir, principal secretary of urban development, to expedite this proposal as soon as it is received from the BMC.

Shelar informed that there are cooperative housing societies which are going for redevlopment and availing the benefit of 0.33 fungible FSI. He also informed that Fadnavis readily agreed to sort out the genuine problems and has issued instructions so that these 10,000 odd cooperative housing societies would also get the benefit of fungible FSI before going for redevelopment.

Latest Realty News

Sebi-asks-Brand-Realty-promoters-to-make-public-announcement
Jan 22, 2015
Mumbai: Capital market regulator Sebi has directed promoter group entities of Brand Realty Services to make a public announcement for acquiring additional shares in the company
DDA,-NBCC-join-hands-to-build-Delhi’s-first-100-storey-building
Jan 22, 2015
Delhi: The National Buildings Construction Corporation (NBCC) is planning to construct the Capital’s first 100-storey building in Karkardooma, East Delhi, over the next three to four years
Assam-Govt-preparing-separate-Land-Acquisition-Bill:-Gogoi
Jan 22, 2015
Guwahati: Assam Chief Minister Tarun Gogoi today said his government is drafting a new Land Acquisition Bill for the state
Indostar-and-Reliance-Capital-invest-Rs200-crore-in-real-estate-company
Jan 22, 2015
Chennai: Indostar Capital Finance Ltd and Reliance Capital Ltd have invested `200 crore in Alliance group, a real estate company
Moody's:-RMBS-funding-to-boost-Indian-housing-growth-but-challenges-remain
Jan 22, 2015
Mumbai: Moody's Investors Service says that the housing policies initiated by the new Indian government will encourage growth in India's mortgage finance sector
Realty-player-Poddar-Developers-raises-Rs-125-crore-through-QIP
Jan 22, 2015
MUMBAI: Realty player Poddar Developers has raised Rs 125 crore through qualified institutions placement (QIP) route
CRDA-team-in-Singapore
Jan 21, 2015
Hyderabad: The high power delegation from the State headed by Capital Region Development Authority special commissioner N. Srikanth held discussions with Singapore Government
Land-prices-soar-in-Telangana,-Andhra-on-growth-hopes
Jan 21, 2015
HYDERABAD: Land prices have shot up in Telangana and Andhra Pradesh after a five-year hiatus following the announcement of a string of urban and rural development projects
GDA-to-lease-unsold-properties-for-health-units
Jan 21, 2015
GHAZIABAD: The Ghaziabad Development Authority (GDA) has decided to lease its unsold properties - residential and commercial - to the district health department
Ghaziabad-civic-body-mulls-free-parking-scheme-for-house-tax-payers
Jan 21, 2015
GHAZIABAD: The Ghaziabad Nagar Nigam (GNN) has come up with an innovative plan to encourage people to pay their house tax on time

Latest Realty News Of State

Realty Talk's