What is 0.33 FSI mentioned in the papers? They say it is now 0.5 FSI. Does it mean it is over and above FSI available to builder?
Answered on November 08, 2017
0.33 FSI additional Fsi as brought in by the Government when TDR cartel was raising TDR Pricing and making Housing Unaffordable. The 0.33 Additional FSI was introduced in 2008 at a Nominal Pricing. Thereafter the Govt to boost its Revenue Increased the aditional FSI Quantum to 0.50 and increased the Rate of additional FSi to 60% of ASR (Annual Schedule Rates of Ready Reckonner/ Land Rate)
