News articles tagged Floor Space Index

Worli society gets building area 9 times more

Worli's Shivshahi housing society gets 2.8 FSI for redevelopment, allowing construction of three towers, including a 42-story skyscraper for existing residents and two 38-floor towers for sale.

CMDA Nods Corversion of Vacant IT Buildings to Malls

CMDA approves converting vacant IT buildings in Chennai into shopping malls and office spaces, a move welcomed by developers.

FSI Policy In Mumbai Has To Be Reviewed; Maken

Union Housing Minister Ajay Maken advocated for a review of the FSI policy in Mumbai and other major Indian cities to boost affordable housing development, suggesting increased FSI rates.

AUDA To Raise FSI; Ahmedabad To See Taller Buildings

Ahmedabad's Urban Development Authority (AUDA) is poised to unveil a new development plan on February 1st, boosting the floor space index (FSI) by up to 30% and facilitating taller buildings across 68 villages.

Real Estate Sector To Be Boosted By Government Policies

Real estate experts predict a prosperous 2013, citing favorable government policies as key drivers for growth and transparency in the sector.

Affordable Housing Policy for All

India to unveil new affordable housing policy within two months, aiming to boost the weakening real estate sector with incentivized development and streamlined approvals.

Cities to be taller as Plan panel seek Higher Floor Space Index.

The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.

SRA scheme is in doldrum due to realty slowdown

Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.

SC Order Paves Way For Redevelopment Of Mumbai

A Supreme Court ruling allowing increased Floor Space Index for old buildings in South Mumbai opens redevelopment opportunities, potentially impacting property prices and infrastructure.

Ascendas Front Runner For Rs 200 Crore TVS Land In Chennai

Ascendas is poised to acquire a 6.18-acre site in Chennai, with expectations of a deal worth around Rs 220 crore, pending approval for increased floor space index.