The old buildings and chawls in Mumbai may soon give way to skyscraper after a Supreme Court order allowed redevelopment of all cessed buildings in the island city and chawl residents are happy with the order that grants increased floor space index.
We will be able to now go in for redevelopment and we will have more space. Earlier the restriction was 3.6 metres now its come down to five feet, says a chawl resident, Hiten Gharat.
According to the Supreme court order which affects over 16, 000 cessed buildings in the city, builders can now avail 3 to 7 times FSI for redevelopment and tenants will be rehabilitated in minimum 225 sq ft tenements. The order is expected to free around 200 acres of land for housing in the next 10 years.
More : ibnlive.com
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