The Bandra-Kurla Complex (BKC) in Mumbai is set to receive a global floor space index (FSI) of 4. Find out more about this development and its implications.
A January 14, 2021, government resolution (GR) offered a 50% rebate on additional FSI, applicable for ongoing and new projects, provided the premium was paid till December 31, 2021.
In a writ petition, 59 residents of Mohamed Tajbhai chawl, Worli, challenged the developer Oricon Properties Pvt Ltd s decision to provide them 351 sq ft carpet area.
The FSI, the ratio which defines how much can be built on a plot, is 10 under Development Control Regulation 33 (9) meant for cluster redevelopment. The average FSI in the island city is about 3. An FSI of 10 means on a 1,000 square metre plot, a builder can construct 10,000 sq m.