The Maharashtra Chamber of Housing Industry has welcomed the new FSI guidelines proposed by the Brihanmumbai Municipal Corporation Commissioner, Mr Subodh Kumar, describing it as consumer friendly and that it would lead to transparency in clearing building plans.
The new guidelines will help speed up the process of clearances that will ultimately reduce the scope for corruption and individual interpretation, said Mr Paras Gundecha, MCHI President.
Reservations
Mr Gundecha, however, expressed reservations over the 100 per cent premium proposed for fire check areas, refuge floors, service floors, AC plant room and other mandatory spaces.
“He said MCHI had already recommended a 40 per cent premium on FSI and enclosable balconies to be free of premium.”
The government should take immediate steps to raise FSI in suburbs by 0.33 as it would help further augment BMC revenues by about Rs 5,000 crore a year, Mr Gundecha said.
Levy on parking
On the proposal to impose levy on parking, MCHI suggested that BMC and the Government should take a practical view since the parking needs would only increase in times to come. As such the provisions for parking allowed under current DC regulations are inadequate.
Developers, on the contrary, should be encouraged to earmark additional parking spaces keeping mind the future needs of the particular housing society or building.
Mr Gundecha suggested setting up of a dedicated ‘City Infrastructure Fund' and all collections from real estate developments including the premium on 0.33 FSI should be used exclusively to upgrade the city infrastructure.