Maharashtra government nod for revised Development Plan 2034

The Maharashtra government approved excluded parts of city’s development plan (DP) 2034, on Saturday.  The approved DP will come to effect from September 1.
The affected parties of proposed development of metro car shed at Aarey and tribals from the Sanjay Gandhi National Park will be given space for due rehabilitation, as per approved DP. The uniform floor space index (FSI) and transfer of development rights (TDR) policy will be applicable in city and suburban areas. For development of commercial spaces and residential areas, the developers will have to pay a premium for the fungible FSI.
This will be 60 per cent of the government rates. This amount has to be paid to the respective local body. While store-room height for small and big retailers will be up to 6 metre, additional FSI will be granted as the width of the road is set according to the proposed development plan. This additional space can be used by developers to regularise or accommodate the illegal constructions along with the roads. 

More videos

See All