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REDEVELOPMENT OF HOUSING SOCIETIES
The Provision under DCR 33(14) allows a Developer to get unusually, a higher FSI to a Developer for redevelopment if he constructs free transit tenements for project-affected persons on the same plot or elsewhere and hand over the same to Slum Redevelopment Authority popularly known as SRA. This is a outlandish reward for Developers whose plots in prime localities may not have even a single slum.
A little-known provision under the Development Control Regulation known as DCR 33(14) is used to get the said benefit of huge additional FSI at... read full review »
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