The Business Times
SUBSCRIBERS

Mumbai property makeover set to please builders

City proposes changes to rules that may allow developers to raze slums and build taller towers

google-preferred-sourceAdd BT as a preferred source
Published Tue, Mar 3, 2015 · 09:50 PM

    Mumbai

    MUMBAI is seeking to amend its 24-year-old building rules that allowed slums to mushroom and kept housing beyond the reach of most of its 19 million residents.

    The island-city, which has little land available for development, is proposing changes to its Floor Space Index (FSI) regulations that may permit developers to tear down old structures and build taller towers.

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More