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Prime Property: Mumbai makeover on hold

Embarrassed Maharashtra government nixes its own development plan for Mumbai, a plan that talked of higher FSI to ensure maximum housing in the maximum city. Devendra Fadnavis is now promising a new plan in four months but till then we could see Mumbai’s property market going into a freeze. Alexander Mathew of Prime Property has more details.

April 27, 2015 / 16:17 IST
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Embarrassed Maharashtra government nixes its own development plan for Mumbai, a plan that talked of higher FSI to ensure maximum housing in the maximum city. Devendra Fadnavis is now promising a new plan in four months but till then we could see Mumbai’s property market going into a freeze. Alexander Mathew of Prime Property has more details.

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first published: Apr 27, 2015 04:17 pm

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