FSI for Mumbai seafront now same as rest of city

The new development norms approved by the Centre for coastal zones have erased the distinction between construction rules for Mumbai’s waterfront and inland areas.

The Coastal Regulation Zone Notification 2018 has done away with restrictions on the FSI — ratio of developed space to area of plot — for the stretches that are considered part of the coastal regulation zone. From 1.33 in the island city and 1 in the suburbs, it has been brought on a par with the FSI for the rest of the city— that is, up to 3 in the island city and 2.5 in the suburbs. Most of Mumbai’s CRZ area falls under CRZ-II.

The relaxation is expected to impact redevelopment which hinges on the sale component (surplus housing units after accounting for those meant for owners or tenants) for its viability. Besides buildings along the seafront, slum rehabilitation projects as well as gaothans and fishermen’s koliwadas may prove to be lucrative hunting grounds for developers.

But projects would still have to be cleared by the state’s coastal zone management authority, which will consider their impact on the existing infrastructure and ecology.

The move has been cheered by the construction sector.

Other experts on CRZ, though, said one needs to wait for the final notification.

No comments: