Tag: Development Control and Promotion Regulations

IndustryLatest Stories

High-Rises Coming to Mumbai’s Nine-Meter Roads

MUMBAI: The Brihanmumbai Municipal Corporation (BMC) is set to lift restrictions on building heights, even in areas with narrow access roads. The Improvements Committee has approved a significant amendment to the Development Control and Promotion Regulations (DCPR 2034), paving the way for skyscrapers in previously cramped zones. Previously, tall buildings were only allowed on roads at least 9 meters wide to ensure accessibility for emergency services. This limit will now be relaxed. With the new policy, plots on roads narrower than 9 meters can now also qualify for high-rise development. The amendments suggest varying height limits based on road width.…

IndustryLatest Stories

Nashik: NMC Requires 50:50 Premium FSI & TDR for Faster Land Deals

NASHIK: The local municipality has mandated developers to utilize premium floor space index (FSI) and transfer of development rights (TDR) in an equal 50:50 ratio for all construction projects under the 2020 Development Control and Promotion Regulations. This initiative aims to revitalize the declining demand for TDR while ensuring fair compensation for landowners. The directive was issued by municipal commissioner Manisha Khatri. The move comes in response to a drop in TDR rates in recent years, leading to disappointment among landowners and hindering the acquisition of land designated for public amenities in the city’s development blueprint. Under the TDR system,…

IndustryLatest Stories

Maharashtra Revamps Rules for Redevelopment Projects

MUMBAI: The Maharashtra government has announced proposed amendments to the Development Control and Promotion Regulations (DCPR) 2034 for Greater Mumbai, aimed at enhancing the feasibility and financial viability of redevelopment schemes under the Maharashtra Housing and Area Development Authority (MHADA). The proposal comes after MHADA approached the state government, requesting modifications to existing provisions to bolster the viability of its redevelopment projects. Currently, Regulation 31(3) permits builders to receive extra ‘fungible’ construction area, exempt from premium charges, based solely on the existing built-up area of a project. The government intends to expand this benefit to include the rehabilitation area, allowing…