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Sunday, September 23, 2012

State May Soon Offer Higher FSI to Builders: CM


The Maharashtra government is likely to soon give higher floor space index (FSI) to real estate promoters in order to encourage the concept of integrated townships around major cities in the state which will help decongest metros like Mumbai and Pune. State chief minister Prithviraj Chavan said that this is being undertaken to encourage high-end housing projects. 
Speaking with reporters on Friday, the chief minister said: "The FSI offered for townships outside the municipal limit is now 1, but by offering higher FSIs and putting the onus of developing infrastructure — road connectivity, schools and colleges — on the promoter, we can reduce congestion in cities like Mumbai, where we can promote ideas like walk to school or work and
offer better quality of life to citizens." 
The government has not decided any timeline for the policy to allow higherFSI for township schemes. CM Chavan said, "We will come out with a higherFSI scheme soon, which will be a major step in promoting affordable housing." Chavan added that there will be a review of the definition and concept of 

    high-rise buildings. Currently, there is no consensus on the definition of a high-rise building. We have appointed an expert committee to decide the threshold height for a building to qualify as high rise and to also set the terms of reference for the high rise committee so that there is no overlap between the roles of the high rise committee and the panel which gives environmental clearance, said Chavan. 
The high-rise committee which mainly consists of experts and bureaucrats examines building proposals for issues like structural safety, fire safety norms, impact of such building on traffic in the area among others. 
CM Chavan also said that one more panel will be formed to grant faster environmental clearances for real estate projects. There are already two panels including State Expert Appraisal Committee and State Environment Impact Assessment Authority (SEIAA) to give environment clearance.

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