Windfall for bldrs as redevelopment booms through higher FSI schemes | Mumbai News
In the lanes and back streets of Bandra-Khar-Santacruz, if you see a six-storey housing society building demolished and replaced by an 18-storey tower, it’s not magic. Nor is it illegal.Some clauses in the city’s development control regulations can bring great windfalls for builders redeveloping housing societies. If the builder constructs tenements for project-affected persons within…
