From Hindustantimes.com: All roads in the construction industry will soon be leading to the north of the city. The state government’s recent decisions regarding increasing floor space index (FSI), easing of Coastal Regulatory Zone (CRZ) rules and redevelopment of the Bandra Government Colony, will ensure a fresh supply of homes in a couple of years.
The state has also decided to give buildings built before 1969 higher FSI for redevelopment. Real estate experts say considering the limitations of the island city, the suburbs are the best destination to create adequate housing stock……………………………………….Full Article: Source

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