Ahmedabad builder invests ₹103.5 crore for FSI in Thaltej highrise
This week marked a significant step in the city’s vertical living initiative, with a builder paying Rs 103.50 crore to the AMC for additional FSI to develop a 38-storey residential project located near Gulmohar Party Plot on Hebatpur Road in Thaltej. This payment sets a new record for the highest chargeable FSI amount approved for a single project, indicating a rising demand for luxury high-rise housing. Civic officials attribute this increase to higher jantri rates and more flexible tall-building regulations. The town development department of AMC has recently approved the construction plans. Spanning an area of 9,958 sq meters, the…