Tuesday, February 14, 2006
This is really good news for the city starved of real estate, being an island city there is only one way the city can grow and that's vertical. Though the FSI of 4 is peanuts compared to the FSI of Dubai or NY who have FSI of 35-40, this is definitely a good beginning.
If I was the CM I would rebuild the entire Marine Drive with skyscrapers of 100 floors each and change office timings from 7 to 3pm to reduce crowd during peak hours.
DNA has the story here
The decision though taken 2 years after it was first recommended by then CM's Task force's report on its Vision 2013 "Transforming Mumbai into a World Class city"
Read the comprehensive report : www.maharashtra.gov.in/english/reports/taskforce.pdf
FSI - The ratio of the total floor area of a building or buildings to the gross area of the lot on which the building or buildings are located. For example, a floor space index (FSI) of 2.0 would indicate that the total floor area of a building could be up to 2 times the gross area of the lot on which it is located.