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Mumbai property makeover set to please builders

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

The plan for Mumbai is part of Prime Minister Modi's "Housing for All" programme, which seeks to build 20 million urban homes across the country by 2022 to help eliminate urban slums and squalor.


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 (...

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