After capping set at Max of 4/5 FSI post coming DCPR-2034 into effect: Notable part is that total FSI would depend upon which part viz commercial or Residential are your priority. Commercial (Office Space) having flexibility of 5 FSI, when kept in larger ratio the total available FSI would be more. On the contrary, if … Read more
Customs Enclave Wadala Project Requisite Exemptions/Relaxations Existing Provisions/REMARKS Premium Waiver on additional FSI for Govt office space (State Government/MCGM already exempted) [EP73 – DCPR 33(3)] Zonal FSI is 1.33 for Mumbai Island City. As per Reg. 33(3) of DCPR 2034, the Commissioner, by special permission, may permit FSI upto 5.0 for Govt. offices on payment … Read more
In view of the meeting of Pr. CC, Zone I and DGHRD with new Revenue Secretary on 26.12.2018 the NBCC/ARCOP were supposed to go back to drawing board and work out on a proposal that could be exhausting all potential FSI with no viability Gap in place. RS was of the opinion that by altering … Read more
The Customs Department, Mumbai owns a plot of land measuring about 55.85 Acres (approximately226000*SQM), situated at C. S. No. 146 at Wadala (E), Mumbai. Having given up almost 11.53 Acres of total land for Anik-Wadala link Road (referred as DP Road, in terms of City Development Plan) and Eastern Freeway, currently 45 Acres* of land is … Read more
While, Mumbai City is already witnessing slump in the Real Estate Sector with lakhs of unsold inventory in terms of 2-3 BHK flats, the recent joint Scheme by MDCC, MHADA and BMC to fund the existing society for self-redevelopment can lead to further surplus in the supply market. New Financing Policy for Co-Op Societies in … Read more
Note: This opinionated study was prepared on 26.11.2018 in course of analysis of FSI 2.07 proposal, once the Mega Proposal utilizing FSI 4/5 was abandoned because of non-cooperation from govt. of Maharashtra in the matter of Premium Waiver. FSI 4/5 or FSI 2.07 both were essentially BUA (Built Up Area) sale model under umbrella concept … Read more
(i) Good thing about the DPR dated 19.11.2018 is that net area 43.12 acres is uniformly shown on every page this time around. This area has come down from earlier 45 (24+3+18) acres over site analysis pages of earlier DPRs . One more uniformity is seen in Area of plot and Net area used for FSI calculation … Read more
Revised Project, technically termed as FSI2.07 is based on two vital Documents 1. Feasibility Report dated 05.11.2018 & 2. Draft DIB (in fact PIB) Memorandum dated 08.11.2018 The feasibility report and consequent DPR is informed to have been made keeping in view the DP/DCPR-2034 applicable for all new building projects with effect from 01.09.2018 i.e. … Read more
Requirements received from GST, Customs and Directorates were complied at office level. The CBIC Directorates included DGPM, DGCEI, Systems, CESTAT, SAFEMA, Audit, CRCL, DGRAM (NTC), Vigilance, Accounts, CESTAT(AR), DGGST, DGTS, DRI, Valuation. As per the requirements communicated by GST, Directorates and Custom itself the required sitting spaces are 35,827 SQM, 13,106 SQM and 5,181SQM respectively totalling to 54114 SQM … Read more
The Customs Department, Mumbai owns a plot of land measuring about 55.84 Acres (approximately 226000 sqm)*, situated at C. S. No. 146 at Wadala (E), Mumbai. Having given up almost 11 Acres of total land for Anik-Wadala link Road (referred as DP Road, in terms of City Development Plan) and Eastern Freeway, currently 45 Acres of land … Read more