The state government has clarified that a basic FSI of 1.5 and an additional building potential of 0.50 is permitted for plots leased by CIDCO in Navi Mumbai, providing relief to developers. The clarification comes after CIDCO reportedly denied the FSI to developers due to a different interpretation of regulations. The clarification allows projects that were stuck for almost 10 months to move forward without paying additional premiums. CIDCO has not commented on the development. | Mumbai news
The process of procuring clearances for redevelopment and land conveyance from multiple agencies continues to remain a time consuming and herculean task.
business bureaunagpur city is witnessing a huge transformation these days as highrise buildings have started to dominate its skyline. people are now accepting living in highrise buildings to experience a breathtaking view, clean air, su
The Bombay High Court on Friday directed the State Environment Impact Assessment Authority (SEIAA) to decide all pending proposals for environmental clearance filed by members of the real-estate consortium NAREDCO.
A division bench of Acting Chief Justice SV Gangapurwala and Justice Sandeep Marne has said that the project proposals should be considered in accordance with the new DCPR 2034 and UDCPR for Maharashtra.