Browsing Tag

DCPR 2034

19 posts
Maharashtra has become India’s leading green building state, powered by progressive FAR incentives, mandatory IGBC ratings, and a strong partnership with the CII Indian Green Building Council. Cities like Mumbai and Pune now anchor India’s largest green building footprint and net zero movement.

35% Green Space Now Mandatory in Mumbai’s SRA Projects

A new government circular mandates that all SRA schemes on reserved land must keep 35% of the total plot area as contiguous, developed public open space with free citizen access. A Special Monitoring Committee has been formed to prevent violations and ensure the developed park is handed over to the local municipality within 90 days of project completion.
building permission for the last 25% of the free-sale component will be granted only after the entire required amount is deposited with SRA.

🏗 Builders to Pay Corpus First in SRA Projects Before Selling Homes

Maharashtra has tightened rules for SRA projects, requiring developers to deposit the full rehab corpus before selling free-sale flats. The move aims to plug financial gaps, secure slum rehabilitation funds, and speed up redevelopment timelines in Mumbai.

🏢 Developers Get Relief: 120–180 m Towers on Big Plots No Longer Need High-Rise Committee Approval

In a major policy shift, Maharashtra has allowed 120–180 m buildings on plots above 2,000 sq.m to skip High-Rise Committee clearance. Municipal Commissioner can now approve these projects directly — a move expected to speed up redevelopment and reduce delays in Mumbai’s real estate sector.
The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.

📰 FSI Beyond 4! Maharashtra Cabinet Approves New Cluster Redevelopment Model for Mumbai Slums

The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.
In a rare and significant move, BMC has terminated the 999-year lease of a historic Worli property once housing Flora Chinese Restaurant, after lessees failed to redevelop or pay dues. Backed by High Court orders, the action highlights a new assertive approach to Mumbai’s legacy leasehold lands — with major implications for owners, tenants, and the city’s redevelopment landscape.

📰 BMC Terminates 999-Year Lease of Iconic Worli Property — A Turning Point for Leasehold Lands in Mumbai?

In a rare and significant move, BMC has terminated the 999-year lease of a historic Worli property once housing Flora Chinese Restaurant, after lessees failed to redevelop or pay dues. Backed by High Court orders, the action highlights a new assertive approach to Mumbai’s legacy leasehold lands — with major implications for owners, tenants, and the city’s redevelopment landscape.