SRA sanctions deferment in payment of premium for fungible FSI

By Accommodation Times Bureau MUMBAI The Slum Rehabilitation Authority (SRA) has decided to sanction deferment in payment of premium for fungible Floor Space Index (FSI) under Regulation No. 35(4). Confederation Real Estate Developers’ Association of India (CREDAI) had urged SRA Chief Executive Officer Deepak Kapoor to extend the similar facility for SRA scheme,

Mumbai gets new TDR policy : Ratio to width of Road

By Accommodation Times News Services Mumbai, November 16, 2016 : Government of Maharashtra have notified new Transfer of Development Rights (TDR) policy for Mumbai wide circular TPS-1813/3067/CR-122/MCORP/12/UD-13 dated 16/11/2016.   The high lights of the policy, simplified for our readers, are:   - Cases eligible for TDR : (i) Reservations for public Purposes, new roads, road