Mumbai property set to get big boost, premium on FSI may be dropped
The Brihanmumbai Municipal Corporation (BMC) is proposing to bring out a policy paper to re-examine the premium that it charges for the release of additional floor space index (FSI) to the realty sector. This is expected to give a much-needed push to the realty sector and help the city rake in more revenue, through more projects.
BMC is proposing to bring out a policy paper to re-examine the premium that it charges for the release of additional floor space index (FSI) to the realty sector. Image source: Pixabay