BMC along with Urban Development Department have drafted 33 different suggestions in Mumbai DP 2034 to provide certain relief and incentives for the real estate industry. Incentives for the industry likely by month-end says BMC Commissioner.

Issued by: CNBCTV 18 | 09 September 2020

Incentives may be in line with Deepak Parekh Committee report, which has recommended 50% cut in  premiums taken by MCGM  for Additional FSI, TDR, second staircase, open space deficiencies and others. The said proposal are with state govt. now and lot of reliefs come in through cabinet decisions.

BMC along with Urban Development Department have drafted 33 different suggestions in Mumbai DP 2034 to provide certain relief and incentives for the real estate industry. Incentives for the industry likely by month-end says BMC Commissioner.



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