Published On : Mon, Mar 30th, 2015

VTA welcomes decision to increase FSI by 33%

Nagpur: Maharashtra Government has proposed to modify Regulation N-2.9 of Development Control Regulation 2000 (DCR) of Nagpur under Section 37 of the Maharashtra Regional and Town Planning Act, 1966; whereby additional Floor Space Index (FSI) of 33% can be allotted on demand and on payment of premium on plots within jurisdiction of Nagpur Municipal Corporation (NMC) in non congested area.

Welcoming this proposal delegation of Vidarbha Taxpayers Association (VTA) led by its president J. P. Sharma met Shrawan Hardikar – Municipal Commissioner and submitted few suggestions therein in memorandum along with copy to Assistant Director Town Planning, NMC.

VTA with MC on FSIJ. P. Sharma said that under present position FSI of 1.0 on plots up to 1000 square meters & 1.25 on plots above 1000 square meters is allowed by planning authority; however with this proposed move, additional FSI of 33% can be allotted on demand, which will result in extra 30% of residential / commercial area. Whereby more built-up being derived at, the cost of plot would be shared by extra flats, thus resulting in lowering of prices of flats. Moreover it will also result in much required boost to the realty sector.

Tejinder Singh Renu, secretary of VTA said, as provided in proposed Regulation N-2.9(6)-4(a) that premium shall be charged @ 33% for residential and 4(b) 66% for commercial of the prevailing market value shall generate much required revenue of approximately Rs.50 crores annually for the Local Body. Furthermore the percentage declared is also suitable.

Renu however pointed out that regulation proposed N-2.9(6) 4(a), 4(b) and 7 lack clarity, which will give rise to ambiguity when enforced; for example for calculation of premium, will the percentage of plot area be considered or extra area proposed? Likewise if instead of utilizing entire 33% or 66%, if someone uses only 10% extra, will this be permitted? And if yes, will the premium charges be in proportion to area proposed and not 33% or 66% as the case may be?

Municipal Commissioner Shrawan Hardikar appreciated the suggestions submitted by VTA and assured that suitable additions to bring clarity shall be carried in public interest.

Also present in the VTA delegation were Hemant Trivedi – Joint Secretary and executive body member Amarjeet Singh Chawla.