Maharashtra may allow higher FSI in Mumbai airport funnel zone
AVIATION & AIRPORTS

Maharashtra may allow higher FSI in Mumbai airport funnel zone

The Maharashtra government is considering the possibility of allowing higher potential Floor Space Index (FSI) for buildings located within Mumbai's airport funnel zone, in response to the redevelopment challenges caused by stringent height restrictions in these areas.

The affected regions mainly include Vile Parle, Santacruz, and Kurla. As part of its revised policy for the funnel zone, the state government is, for the first time, offering Transfer of Development Rights (TDR) specifically for redevelopment purposes rather than for land acquisition.

The issue was highlighted in the Assembly, where it was noted that while suburban areas have an FSI of up to 2.7, the limited availability of TDR has constrained redevelopment potential in the funnel zone.

To facilitate redevelopment efforts, the Airports Authority of India’s high-frequency towers in Andheri are expected to be relocated within the next six to eight months. Additionally, land in Gorai has been earmarked for relocating transmission towers from Dahisar, and a site in Madh has been identified for those currently situated in Juhu.

News source: Projects Today

The Maharashtra government is considering the possibility of allowing higher potential Floor Space Index (FSI) for buildings located within Mumbai's airport funnel zone, in response to the redevelopment challenges caused by stringent height restrictions in these areas.The affected regions mainly include Vile Parle, Santacruz, and Kurla. As part of its revised policy for the funnel zone, the state government is, for the first time, offering Transfer of Development Rights (TDR) specifically for redevelopment purposes rather than for land acquisition.The issue was highlighted in the Assembly, where it was noted that while suburban areas have an FSI of up to 2.7, the limited availability of TDR has constrained redevelopment potential in the funnel zone.To facilitate redevelopment efforts, the Airports Authority of India’s high-frequency towers in Andheri are expected to be relocated within the next six to eight months. Additionally, land in Gorai has been earmarked for relocating transmission towers from Dahisar, and a site in Madh has been identified for those currently situated in Juhu.News source: Projects Today

Next Story
Infrastructure Urban

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->