Uniform FSI for builders under BMC’s revised parking policy

The parking scene in Mumbai, a fallout of the city’s ever-growing vehicle population, may become less chaotic in the coming years. The civic body has reworked its parking policy to encourage private parties to create space for vehicles, DNA has learnt.

Under the revised policy, prepared as part of the proposed Development Plan (2034) for the city, developers will earn uniform floor space index (FSI) for building parking lots in the island city as well as the suburbs. FSI indicates the area on all floors that can be created on a plot.

http://www.dnaindia.com/mumbai/report-dna-exclusive-uniform-fsi-for-builders-under-bmc-s-revised-parking-policy-2605719