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    • Realty stocks up, Cabinet clears Real Estate Regulator Bill

      Realty stocks rallied 1-8 percent on Wednesday after the cabinet yesterday approved the Real Estate Development and Regulation Bill that paved the way for setting up a regulator for the sector.

    • Prime Property: Maximum city, higher FSI

      A new 20-year development plan for Mumbai means not just more buildings but bigger and taller ones. The Brihanmumbai Municipal Corporation (BMC) has revised the floor space index (FSI) for the entire city upto a maximum of 8 but that is likely to make Mumbai even more expensive. Prime Property talks to Ghulam Zia, ED of Knight Frank for details.

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