Missing pro-rata FSI stalls revamp of 28 societies in Kandivali’s Mahavir Nagar

Redevelopment of 28 MHADA housing societies in Mahavir Nagar, Kandivali West, is stalled due to unresolved pro-rata Floor Space Index (FSI) issues stemming from land acquisition decisions made in the 1980s and 1990s. The Maharashtra Housing and Area Development Authority (MHADA) reported discrepancies regarding the possession of roads necessary for FSI calculations, which has left over 650 families in limbo despite signed agreements with builders. MHADA's communication to the Mumbai suburban collector revealed that only a fraction of the required land has been transferred, complicating the redevelopment process.

Read the source (Hindustan Times Real Estate)

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