The CMDA's Third Master Plan targets 1,189 sq km of Chennai, boosting FSI near metro hubs and introducing mixed-use zones for walkable neighborhoods. This vertical growth strategy cuts commute times and meets housing needs, but hinges on infrastructure upgrades. Discover investment opportunities in this urban overhaul.
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.