New circular issued to stop misuse of road widening norms

23 Jun 2023 CW Team

To stop the misuse of regulation 33 (12) (B) of the Development Control and Promotion Regulation (DCPR) 2034 by ward officers in collusion with developers to generate extra FSI from road widening works, the Brihanmumbai Municipal Corporation has streamlined the section with a new circular and more stringent conditions.

Section 33 (12) (B) is primarily used to expedite removal of bottlenecks from roads. As HT reported in its May 17, 2023, edition, instead of rehabilitating original beneficiaries in the same ward as the regulation mandates, an NOC was being granted to developers under the regulation to rehabilitate bogus individuals. The issue was brought to the notice of civic chief Iqbal Singh Chahal by elected representatives and civic activists.

Chahal has now approved a new circular valid from June 16 which has imposed checks and balances in the regulation implementation. The regulation made a special provision for removal and re-accommodation of tolerated and protected structures falling in the alignment of existing roads or widening of existing roads and re-accommodate such structures in the same administrative ward and it allowed developers to benefit from FSI up to 4.00.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..