Development Plan

The first phase of the plan involved identifying growth areas and mapping and determining the baseline for each of the earmarked districts, and aimed to increase GDP growth by 2-3 per cent annually, thereby helping boost national GDP.

Mumbai‘s revised DP proposes scrapping of No Development Zones

The report on the revised Development Plan (DP) for 2034, for Mumbai, has done away with the controversial zoning of ‘No Development Zones’ (NDZ) and has, instead, categorised this land as Special Development Zone-I &#82

The fight for Mumbai‘s open spaces

Civic activist, Rajkumar Sharma, was instrumental in pressurising the Maharashtra government to scrap the 2014-34 draft development (DP) plan for Mumbai city.When Sharma studied the draft DP that Mumbai‘s civic body put up for &#82

Residents to participate in Gurugram’s development plans

With a view to ensure the active participation of the local residents in the development of Gurugram, a ‘Residents Advisory Council‘ would be constituted, the government has said. The council will advise on issues &#82

Maharashtra to have development plans for every district: CM

Maharashtra chief minister Devendra Fadnavis, has announced that by 2017, every district in the state would have a ‘regional development plan’. “We are in the process of finalising the development plan for Pune and &#82

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.

Realtors expect lull in Mumbai's realty for next few months

The real estate market in Mumbai could well be entering a freeze zone for the next four months. With the old version of the city's development plan being scrapped and the new one several months away, realty experts and builders are bracing for a lull in both construction activity and land deals, reports CNBC-TV18‘s Alexander Mathew.

Residential project launches decline by 50% in Q1 2015: C&W

The decline in new launches have come on the back of less-than-expected sales in the residential sector, due to which developers are holding back on new launches and instead focusing on completing their existing projects

Why Mumbai Development Plan 2034 was scrapped – What next?

The development plans had many errors in mapping the existing land use plan, heritage structures were missing or their use was erroneously captured. These errors should be removed and the DP should chalk out a plan for future.

Mumbai makeover: Higher FSI can erase slums, heritage too

Cyrus Guzder, Founder Member, Citizens for Justice and Peace says an FSI as high as 8 is not the most worrying thing here. It is the manner in which it is being done – the general increase in FSI across Greater Mumbai, where it has been increased from 1.33 or 2 to 3.5 and even up to 6 - that is worrying.

More FSI in Mumbai to reduce prices; need infra plan: JLL

If the proposed Mumbai Development Plan (DP) for 2014-2034 is approved, it will result in increased housing stock and reduce prices. But can the city's creaky infrastructure support the increased population base that it will lead to?

SP Tulsian picks Ajmera Realty, Suashish Diamonds, Bilcare

SP Tulsian of sptulsian.com cherry-picks his favorite stocks for the day on CNBC-TV18 and answers queries on Coal India and the Cement sector