Developers constructing luxury commercial spaces in Mumbai, the country’s most expensive real estate market, are set to cash in on a series of steps outlined in the draft Development Plan 2014-34 being prepared by the Brihanmumbai Municipal Corporation. After permitting higher FSI up to five times the plot size for certain categories of commercial buildings, the revised Development Control regulations have now allowed more construction over and above the permissible built-up space (or FSI) in such commercial towers.
Read more: Indian Express
