The Mumbai Development Plan may develop 3,700 hectares of land; 65% of it will be for affordable housing
3 min read17 Jul 2018Andhra Pradesh, Karnataka and Kerala have contributed to an increase of 2,141 sq km, 1,101 sq km and 1,043 sq km forest area respectively, says FSI DG Saibal Dasgupta
2 min read22 Apr 2018Stringent land-use regulations have been a major source of housing market distortions in Indian cities
4 min read28 Mar 2017Mumbai's experience shows that charging for additional floor space index isn't a panacea for cash-strapped municipalities
3 min read20 Dec 2016New housing launches in region to suffer as city-based developers face uncertainty over legal/regulatory issues
4 min read16 Aug 2016The economics of rent-seeking help explain the strident opposition to Mumbai's new development plan
6 min read26 Jun 2015National media spewed outrage on how the move restricts viewers' choice and freedom to do business, among other crimes
3 min read13 Apr 2015Debates around new draft plans are mostly centered around higher floor space index and builder-friendliness rather than course correction
4 min read16 Mar 2015Mumbai municipal commissioner defends draft development plan in interview, says idea is to ease space constraints, remove price distortion
5 min read12 Mar 2015Mumbai is proposing changes to its Floor Space Index regulations that may permit developers to tear down old structures and build taller towers
5 min read3 Mar 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared