From Daulat Baugh To Satguru Shlok

It has been a long journey, nearly five years since we last decided that our building needs redevelopment The most important meetings have been taking place at National college conference hall. Getting members together to agree on common platform has not been easy, but finally we succeeded And you know what, waiting has also paid off. We have got the best builder of Mumbai and a good deal I must say. In January 2012, new rules were made, so now we will get 44%extra space. The deal will be signed on Wednesday and we will move ahead…….

By notification under No. CMS 4311/452/CR-58/2011/UD-11 dt. 6 th January 2012, Government has added the New D.C. Regulations 35 (4) i.e. commissioner may permit Fungible compensatory F.S.I., not exceeding 35% for residential development over & above admissible F.S.I. by charging premium at the rate of 60% of the stamp duty ready reckoner Rate. Provided further that such fungible compensatory F.S.I. for rehabilitation component shall not be used for free sale component & shall be used to give additional area over & above eligible area to the existing tenants/occupants. Provided further clarified that in case of redevelopment proposal of existing buildings in suburbs & extended suburbs by admissible on F.S.I. consumed in existing structure shall be granted without charging premium. So what is this Fungible compensatory FSI? As per the new regulations, areas such as terraces and swimming pools on individual apartment balconies and ornamental projections

Since our building is going for redevelopment, there are certain DC regulations which we need to be familiarized with. We have been highly confused with the term Chajja and flower beds and I have discovered that both mean the same thing, its just an ornamental protrude from the building and it has be of certain dimensions. The proposed modification to the relevant DCRs for Gr. Mumbai pursuant to notice No. CMS 4311/452/CR-58/2011/UD-11: Government of Maharashtra, Urban Development Department, Mantralaya, Mumbai dated 25th July, 2011. ANNEXURE-I Compensatory FSI proposed on charging premium at 100% of the Stamp duty Ready Reckoner Rate for developed lands, for residential buildings. Balcony   10% Flower Beds/Chajja 10% - 15% Ducts other than toilet ducts - 2.5% Letter Box Room/MTNL Room/ Meter Room/BMS/Drivers room.-1.5% Niche  1% Total   25% - 30% More details can be read atthis blogspot,  DC regulations have been explained in details and gives deep insight