What is permissible FSI in Mumbai suburbs?
In case of projects approved by MMRDA in Mumbai Metropolitan Region other than Mumbai under Rental Housing Scheme, the FSI allowed is 4. In other words, now in suburbs, private buildings will get 2.7 FSI including fungible and in cess buildings and slums FSI of 4.05 (335% of 3) including fungible will be available.
What is floor area ratio in Mumbai?
The city presently has a standard FSI of 1.33 in South Mumbai and 1 in the suburbs.
How is FSI calculated for redevelopment?
How is FSI calculated for redevelopment? The quotient that you get by dividing the total built-up area of all floors by the total area of the plot on which it is constructed is called FSI.
Is Terrace included in FSI?
(iv) open platforms and terraces at ground floor and porches shall not be included in the floor area.
Is bank guarantee compulsory for redevelopment?
The new guidelines make it mandatory for these developers to deposit 10 percent of the project cost, according to the existing market value, as a bank guarantee (fixed deposit in nationalised banks) to the Mumbai Building Repairs and Redevelopment Board (MBRRB) for a five-year period.
What are the rules for redevelopment of society?
Legal documents needed are society registration certificate, conveyance deed (necessary for self-development projects), sale deed, title certificate, a certified property card (showing ownership in the name of society), the original building plan, structural audit report, redevelopment agreement, copy of new approved …
Is terrace included in plinth area?
Air conditioning duct and lift well with landing. Opening of elevators. Headroom, or staircase room other than terrace level. The total area is included in open projections of veranda, balconies, and parapets; if forecasts protect the site, only 50% of the area is included if projections unprotect the room.
What is the procedure for redevelopment of Co-operative Housing Societies in Maharashtra?
The Government vide Government Resolution dt. 3 rd January, 2009 has prescribed procedure for the Redevelopment of buildings belonging to the Co-Operative Housing Societies by giving directions under Section 79 (A) of the Maharashtra Co-operative Societies Act, 1960.
What are the old building redevelopment rules and regulations?
Old Building Redevelopment Rules & Redevelopment Regulations: 1 The Developer to demolish the building existing in the plot and construct new multi storied buildings taking into… 2 The Developer shall be responsible to obtain all the necessary approvals from The Municipal Corporation of Greater… More
What are the rules of CESS building in Mumbai?
As per Development Control Rules 33 (7) of Mumbai, in the case of cess building, every tenant who is having less than 300 sq ft carpet area shall be given minimum of 300 sq ft ownership flat and the tenants having 300 to 753 sq. ft area, the existing area.
What is the FSI allowed under rental housing scheme in Mumbai?
In case of projects approved by MMRDA in Mumbai Metropolitan Region other than Mumbai under Rental Housing Scheme, the FSI allowed is 4. In other words, now in suburbs, private buildings will get 2.7 FSI including fungible and in cess buildings and slums FSI of 4.05 (335% of 3) including fungible will be available.