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…

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It’s all about numbers: Mumbai gets first privately-funded institute for math research | Mumbai News

Mumbai: India, said Fields medallist Manjul Bhargava, must fall in love with mathematics again. Not as a “drudgery of formulas” but as an act of “exploration.”Bhargava, Canadian by nationality but of Indian origin, believes classrooms need an overhaul—”experimental, playful,” he said, with teachers “trained” to spark curiosity. Speaking to TOI on the sidelines of the…

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Mumbai’s richest Ganesh mandal — GSB Seva Mandal — buys record insurance cover worth Rs 474.4 crore | Mumbai News

Mumbai: The city’s wealthiest Ganesh mandal, GSB Seva Mandal, King’s Circle, has procured record insurance worth Rs 474.46 crore this season. The previous year’s policy was Rs 400 crore. The increase is owing to the increased valuation of its gold and silver items, and the induction of more volunteers and priests.The mandal does not reveal…

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