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FSI MAY GO UP ACROSS THE CITY

Mumbai will soon get a higher FSI, applicable across the city. The state government is considering a proposal to raise the floor space index (FSI) for the city from the existing 1.33 to at least 2.20 across the real estate sector. A team of state government officials is working with the World Bank to arrive at a common FSI for the island city and its suburbs where the permissible FSI is 1 at present. The FSI determines the ratio of covered area or constructed area to the area of a plot. The city is spread over 437 sq km, of which 87 sq km is designated national park area and a no development zone. The net developable area in Mumbai is limited and a higher FSI is required to make maximum use of this area. The higher FSI, however, will be applicable to parts of the city where the FSI continues to be 1.33 or 1. Bureau report – NMTV

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