Mumbai Civic Body Recommends Hike In Floor Space Index

Mumbai: Shiv Sena-BJP ruled Municipal Corporation of Greater Mumbai has came out with a revised draft development plan which recommends hike in the floor space index from the present 1.33 to 2 and in some cases even up to 5. FSI is the ratio of a building's total area to the measurement of land on which it's constructed. Municipal commissioner Ajoy Mehta said the new draft plan proposes to hike FSI up to 2 from the current 1.33 in t...