Yes there are Multiple Remarks and Submission Documents before Approval is granted. Earlier the Approval Times was 180 Days to even more. But due to the Ease of Doing Busimness Policy of Government and Online processing the timelines have reduced and is reduced to 60 days
Yes , To a great Extent it is True as all the Premiums have been Gradually Linked to Ready Reckoner and as the Ready Reckonner changes every year , The Rate of premiums and Development Charges Keep Increasing Every Year making the Cost of Development Substantially high.
The MHADA Buildings as per DCR 33(5) eligible for aditional FSI. Recently the Govt of Maharastra brought in Revised Noms on 3rd july 2017 wherein the Fsi is Proposeed to be up to 4.00 for Plots more than 4000 smts and on roads more than 18mtrs. And up to 3.00 for plots less than 4000 smts.