IAS officials, including Dharavi Redevelopment Project (DRP) CEO SVR Srinivas, Cidco president Vijay Singhal, and BMC associate municipal commissioner Abhijit Bangar, discussed city initiatives during the Maharashtra Infrastructure Conclave.

The state government is granting developers Floor Space Index to overcome legal issues regarding salt pan land availability in Dharavi's redevelopment. In return for building rental accommodation for ineligible Dharavi inhabitants, the saleable components of the project will get an FSI of 1.33.

MMA Developer and Saroj Landmark Realty LLP sold floor space index (FSI) rights for 153,000 square feet in Wadala, central Mumbai, to K Raheja Corp for over 275 crore Indian Rupees.

The recent proposal by the Brihanmumbai Municipal Corporation (BMC) to hike the city’s permissible FSI limits from the existing 1.33 to 2.0 has stirred up a raging debate among developers and eco-activists on the many pros and cons of this move.

The double proposals by Municipal Corporation Of Greater Mumbai (MCGM) to hike the floor space index (FSI) to two and height of buildings 32 meters might result in the vertical growth of the city? Industry experts feel that this will also be an answer t