The original builders focus on the state government to increase revenue

          The financial situation in the doldrums, but not keen on the more taxing citizens, Maharashtra government has turned its attention to the cash-rich builders for the enrichment of its resources. State government is in the old program adjustments, the state considers the state to help manufacturers make huge profits for the edge price.

The government is on the verge of okaying a proposal where builders in Mumbai would henceforth have to pay a premium for utilising the extra Floor Space Index (FSI) as per the ready reckoner rates of the year in which extra FSI is bought. Floor Space Index is the permissible built up area allowed in a plot.

In simple terms, it means buyers who want to buy .33 extra FSI would now have to pay as per the RRR of 2015 and not as per 2008, which they have been paying till now for using the ex ..
A Housing Ministry official said that the file has been sent to the Maharashtra chief minister Devendra Fadnavis office, is expected to soon be cleared.

"The developers have earned huge profits builders in 2008 Fact Sheet freight is being used in order to obtain additional FSI.

Why pay when you press builders in 2008, he was selling the flat in accordance with the deposit reserve ratio of market interest rates in 2015? "Questioned the move proved bureaucracy.
The premium paid to the BMC, the country has a stake, because the BMC to share premium of 50-50 basis with the state government received in.

SOURCE : WEB