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Independence Day, India at 75, Freedom From FSI, FSI, FAR, FSI & Density Norms, FSI Free Cities

August 15, 2022

Will freedom from FSI lead to affordable housing for all?

Freedom is a luxury and it means different things to different set of people. The stakeholders within the built environment of the Indian real estate too have their own set of definition when it comes to what defines their freedom. While for a home buyer, freedom is to have a rent-free house of one’s own at an affordable price, for the developers the quest has been freedom from multiple bottlenecks – single window clearance, industry status, easy funding and, most importantly, FSI free developments. Track2Realty investigates whether ‘Freedom From FSI’ would be boon or bane.

Headlines

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Delhi NCR real estate, Mumbai Real Estate, Bangalore Real Estate, Pune Real Estate news,Track2Media, Track2Realty, ravi sinha, Track2Infra

April 14, 2013

Union Housing Minister sets developers’ tone on FSI issue in Mumbai-II

Track2Realty Exclusive: Manoj John, VP, Corporate Planning & Strategy, RNA Corps maintains there is a correlation between cost of FSI and the nature of development that is viable given the high cost of land with limited development potential. If more can be built on the same land, the cost of land attributable to the project, which is as high has 50 to 80 per cent of project cost would come down. Hence, it would be viable for the developer to build residential projects at lower cost and hence make it more affordable.

Headlines

Ajay Maken with President, India real estate news, Indian realty news, Property new, Home, Policy Advocacy, Activism, Mall, Retail, Office space, SEZ, IT/ITeS, Residential, Commercial, Hospitality, Project, Location, Regulation, FDI, Taxation, Investment, Banking, Property Management, Ravi Sinha, Track2Media, Track2Realty

April 12, 2013

Union Housing Minister sets developers’ tone on FSI issue in Mumbai-I

Track2Realty Exclusive: For quite some time the developers in Mumbai were making pitch for the review of FSI in the city which they termed as archaic. Their grouse has not been lacking the merit also.

Headlines

April 5, 2013

Realty debates as Union Housing Minister sets tone on FSI issue in Mumbai

Track2Realty Exclusive: For quite some time the developers in Mumbai were making pitch for the review of FSI in the city which they termed as archaic. Their grouse has not been lacking the merit also. Facts speak for themselves. In 1964, FSI was introduced and set at 4.5 in Mumbai.

Reports

March 22, 2012

ITES and BFSI continue to be primary demand drivers of office space in India in 2012: DTZ

ITES and BFSI continue to be primary demand drivers of office space in India in 2012, says DTZ Occupier Perspective: India Office Demand and Trends Survey 2011. It says Delhi NCR and Bengaluru preferred by IT/ITES while Mumbai is BFSI’s favourite. Tier II cities of Bhubaneswar, Chandigarh and Jaipur preferred by IT/ITES; Ahmedabad by BFSI’s favourite; Gurgaon is the preferred micro market in Delhi NCR.

Headlines

October 25, 2011

BMC’s FSI order to hit 11 big projects; Kohinoor & DB Realty refused to comply

In a move that could pinch 11 ongoing mega-projects in the city, the Brihanmumbai Municipal Corporation (BMC) on Monday, September 24, asked developers to comply with the new public parking norms

Headlines

August 25, 2011

CREDAI pats BMC, asks for extra FSI in Pune too

CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.

Commercial

July 25, 2011

BFSI sector drives absorption of office space

An analysis of the recent revival of commercial real estate market in Mumbai shows that the Banking, Financial Services and Insurance (BFSI) sector has been primarily responsible for the huge uptake of office space.

Reports

Office Spaces, India Office Spaces, India Office Market, Office Absorption, Office Demand, Office Supply, India Real Estate News, Indian Realty News, Indian Property Market News, Real Estate News India, Best Real Estate Website, Best Property Portal, Real Estate Journalist

April 29, 2024

Strong start to office markets, sustained leasing activities in Q1 2024, says Vestian Report

Absorption of office spaces increased to 13.40 Mn sq ft in Q1 2024 from 11.85 Mn sq ft in Q1 2023, showcasing a 13% increase Y-O-Y, says a Vestian report. However, the absorption declined by 31% this quarter after peaking in Q4 2023. Southern cities (Bengaluru, Chennai, and Hyderabad) accounted for 61% of the Pan-India absorption in Q1 2024 its share increased from 54% a year earlier.

Reports

Property Forecast, Property Trends, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Residential Market, Office Spaces, Retail Spaces, Flexible Spaces, Logistics & Warehousing, Property Market Trends

April 10, 2024

Retail leasing expected to be firm in 2024, reaching 6-6.5 mn. sq. ft.

The residential sector is currently undergoing a bullish phase, characterised by a convergence of factors that foster an extremely favourable ecosystem. As we progress into 2024, we anticipate that both sales and new property launches will sustain the sector’s buoyancy. Despite the potential challenges posed by escalating land costs and limited funding options for early-stage projects, the robust underlying market fundamentals are expected to propel residential activity well above the average trend witnessed in the previous five years.

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