D C Regulations updated on 6th January 2012
By notification under No. CMS
4311/452/CR-58/2011/UD-11 dt. 6th 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 that were not part of the FSI
calculations until now will be included in FSI to prevent manipulations by
developers. All such areas will now be available under the concept of
compensatory FSI in lieu of a premium levied on developers. The areas under
compensatory FSI called ‘fungible FSI’ cannot be more than 35 per cent of the
total area of the apartment, a step that is expected to rein in excessive
‘loading’ by developers and the rush to create luxury housing.
The charges for fungible
FSI have been reduced, making it available at 60, 80 and 100 per cent of the
ready reckoner rates for residential, industrial and commercial properties
respectively.
Also, no premium will be
charged for fungible FSI while redeveloping cessed buildings and in suburbs,
the fungible FSI on the FSI already consumed in the existing buildings will be
available free of premium. This will help MHADA developments as also regular
proposals for the redevelopment of the existing buildings using TDR in suburbs.
In other changes, a
developer has the option of 25 per cent more parking over the DCR limit without
premium and without being counted in the FSI. In an attempt to curb creation of
lofts and illegal mezzanine floors, the floor height in residential flats and
shops has been reduced from 4.2 m to 3.9 m.
Manoj Daisaria from the
Practicing Engineers, Architects and Town Planners Association said compared to
2010, in 2011 only 25 per cent of the projects could be approved as developers
were waiting for the DCR amendment. “With the new rules, the discretionary
powers of the municipal commissioner have been curtailed and the approval
process will get streamlined,” he said. The state government has also granted
developers 25 per cent extra parking, which will be available without payment
of premium and will be free of FSI.
As reported in Indian Express under DCR changes pave way for pending projects
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