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BMC proposes to hike Mumbai's commercial FSI to 5 - The Property News
Posted
May 6, 2016
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179
May 6, 2016
179
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2:38Now PlayingMumbai's civic body BMC's latest draft on the development plan has proposed an FSI of 5 from the current 3.5 for the
commercial development in Mumbai. Developers and consultants believe that this move will make more commercial space available in the market. But the increase is coming with a catch. Developers will have to pay 100% of the ready reckoner rate.
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