Additional construction to be allowed in Mumbai buildings

Mumbai: In a pre-Diwali gift, the Maharashtra government Thursday decided to allow additional construction of 0.33 percent in buildings in Mumbai's suburbs and extended suburbs after charging a premium, an official said.

Chief Minister Prithviraj Chavan said that the state government will make suitable amendments to the Development Control Regulations for Greater Mumbai, 1991, and a notification would be issued soon.

"This initiative is likely to bring down the prices of housing in Mumbai. The premium, estimated to be around five billion rupees annually, will accrue to the state government and Municipal Corporation of Greater Mumbai," Chavan said, addressing an investors meeting here.

 

 
 

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Girl students of a local school displaying the post cards posted to the AMU VC appealing him to speed up the process for the establishment of AMU centre in Malegaon

(Photo: ummid.com)