Maharashtra may allow higher FSI in Mumbai airport funnel zone

11 Jul 2025 CW Team

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

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..