HomeNewsBusinessCompaniesMaha drops Mumbai Development Plan; new version in 4 months

Maha drops Mumbai Development Plan; new version in 4 months

The government has also asked the Brihanmumbai Municipal Corporation (BMC) to submit a reworked plan in two months.

April 21, 2015 / 20:18 IST
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The Maharashtra Government today scrapped the Mumbai Development Plan 2015-2034 that proposed to hike the floor space index (FSI) to a maximum of 8. The government has also asked the Brihanmumbai Municipal Corporation to submit a reworked plan in four months.

Maharashtra chief Minister Devendra Fadnavis said the decision to scrap the plan was taken in view of the massive complaints and objections received in the last few days. A committee headed by chief secretary Swadhin Kshatriya had found flaws in the plan.

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Speaking to CNBC-TV18, Sarang Wadhawan of HDIL; Pujit Aggarwal, MD, Orbit; Ashutosh Limaye of JLL India and Cyrus Guzder, CMD, AFL hailed the government’s move citing poor rail, road infrastructure and other health concerns.

The Brihanmumbai Municipal Corporation (BMC), in its 20 year development plan, had proposed increasing the FSI to a maximum of 8. FSI is the ratio of the permissible built-up area to the plot area and was 1.33 for Mumbai city and 1 for the suburbs.