Friday, June 11, 2010

Inputs By Shri Mahendra Sawant On The HC Verdict On FSI

From The Desk Of Shri. Mahendra Sawant (Architectural Head, LandguruZ),

1. It is a fortunate decision for a common mans dream of having affordable priced home in Mumbai city.

2. The appeal is rejected on technical grounds of having no provision in existing MRTP act for charging premium for additional FSI. For which the bill for change in act needs to bring in house of Maharashtra government since it is in deed a very good decision of government and Accountability of the Funds Generated By Way Of Purchasing FSI strictly for infrastructure strengthening.

3. This decision is necessary in view of controlling sell price of houses/realty in Mumbai as it would have directly would have reduced the cost.

4. This decision if would have upheld could been able to curb the dominant role of the few people who are controlling TDR sale market.

5. The decision was wise in view that it was not allowing increase in construction built area as it is presently allowed since the cap of Maximum Built area on any given plot in suburban (FSI with TDR) was to remain same, rather it would have made available the indigenous funds to corporation to effectively develop the infrastructure without taxing any more to the end user or keep on begging fro state govt or to wait for world and other organisation to fund them.

6. According to Mr. Mahendra Sawant What is required to be done is as follows:

A. Appeal in Supreme court though it may not be fruitful since it is rejected on technical lackunas,
B. Adopting changes in existing act on the technical points raised. 
C. Since the Development plan of Mumbai is due for revival such amendments can brought in accordingly.

 7.The issues are of state, appealing Central Government shall not help.

1 comment:

  1. Mr.Mahendra Sawant has rightly pointed out the fsi verdict and he is right in saying that the changes has to be done on technical grounds n along with the new development plan of mumbai. cheers mr.mahendra and team landguruz

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