WebAug 31, 2015 · "As per the new norms, the TDR has been divided into two parts – 0.5 TDR can be purchased from outside, whereas TMC can provide 1.3 TDR. The land cost will also come down, leading to increased real estate activities, which means more development," explained Mehta. "We welcome the announcement of 0.33 increase in FSI for Thane. WebNov 6, 2013 · MUMBAI: A sudden spike in transfer of development rights (TDR) rates from Rs 2,500 a sq ft to over Rs 4,000 in the past two months has jeopardised redevelopment …
FSI in Mumbai - How to Calculate Floor Space Index in Mumbai …
WebNov 19, 2013 · Slum TDR is currently being traded at Rs4,200 per sq ft, it’s highest level since the concept of TDR was introduced in 1991. This is the price at which Conwood sold some 2,00,000 sq ft to a developer at Goregaon. But urban planner VK Phatak believes the increase in base FSI may cause problems. WebThe flow of TDR in the market will increase and bring prices down. Further, since it cannot be utilised on plots on narrow roads and alleys, the burden on civic infrastructure will … tsh plant share
Latest Ready Reckoner Rate In Maharashtra 2024
WebFeb 6, 2024 · As per a BMC circular on property tax, the Maharashtra cabinet, on January 12, 2024, approved the state government’s decision to waive property tax on houses of up to 500 sq ft in Mumbai. Maharashtra chief minister Uddhav Thackeray, on January 1, 2024, announced a waiver of MCGM property tax on residential units of up to 500 sq ft located ... WebThe Maharashtra government on March 31 decided to increase the ready reckoner (RR) rates in the state by an average of 8.80 percent. Except Mumbai, the ready reckoner rates of all municipal ... WebFeb 3, 2024 · Another criticism to the concept is that it has lead to an increase in the real estate prices. Since the TDR acquisition cost is loaded onto the project cost, the developers increase the final pricing of the project. In order to curb this, the Government should have some mechanism to keep a check on the quantum of TDR available in the market ... phil traynor hsa