Development of “No Development Zone” under DCR 2034 of Mumbai

By Accommodation Times News Services The Draft Revised Development Control Regulation (DCR) 2034 of Greater Mumbai Municipal Corporation have proposed to develop No Development Zones (NDZ) in its Part VII under the heading "Land Use Classification and Uses Permitted". The provisions of the section of DCR have given opportunities for release

FSI under Section 33 of Revised Draft DCR 2034 for Mumbai : Its raining FSI

By Accommodation Times News Services Various FSI permissible under different provisions of new Revised Draft DCR 2034 of Mumbai as : 33 (1) Additional FSI to Religious building : Basic FSI plus .5 33 (2) Buildings of Medical and Educational Institutions and Other Institutional Buildings covered under Regulation (2) (iv)(17)(g): Total FSI 4

20% of the plot to be given to BMC free of cost under new DCR

By Accommodation Times News Services Under new Revised Draft DCR 2034 of Mumbai Municipal Corporation a 20% of plot area must be given to MCGM free of cost. Read the provisions: Inclusive Housing (IH)/Project Affected Business and Community Workplaces (PABCW) (A) Inclusive Housing (IH) In case of any residential development partially or fully consisting

State now to Facilitate O.C. online in Auto DCR system to avoid unnecessary interference

By Accommodation Times News Services In order to promote ease of doing business in Maharashtra the state government and Municipal Corporation of Greater Mumbai had introduced online approval process, Auto DCR system for granting the approvals to the building proposal, to further ease the process and bring more transparency, a new

No NOC required from Registrar to put up Plan for Approvals in Mumbai

By Accommodation Times News Services It was in 2013, Mumbai Municipal Corporation had decided to have Registrar of Co-operative Housing Society's NOC for putting up plan for approval to MCGM. The following is the text of the circular for the same : M.C.G.M No.P.A.406323/V.N./ General. Dt.15.04.2013 CIRCULAR Subj: Obtaining prior permission for redevelopment of Co-operative

MMRC acquired 83% of land required for Metro-3

By Accommodation Times News Services “To ensure unhindered and uninterrupted work to implement the 33.5-km long Colaba-Bandra-SEEPZ Metro-3 corridor, we already have in our possession 83% of the total land required for the construction of the project. We are very close to acquiring the balance land”, said Ms. Ashwini Bhide, Managing

Only 1.10% Of Mumbai’s Total Inventory Completed, Yet Unsold

Accommodation Times News Services By Ashutosh Limaye, National Director – Research, JLL IndiaDevelopers have been left wondering why end-users are not buying into their projects even after offering numerous discounts and schemes. The latter, on the other hand, are playing the wait-and-watch game, expecting prices to go down given the continued slump in sales. To