BMC is considering a Proposal to amend Development Control (DC) Rules, 1991 soon examines Adv, R. P. Rathod.
Its
very important now-a-days to keep a close watch on what government is doing in
the backyard, what proposals are under consideration by the government, which
laws are being enacted or amended, because ultimately it impacts us – the end users
or the public explains Adv. R. P. Rathod.
In
such a close watch Adv. R. P. Rathod examines
that the BMC is considering
modification in the Development Control Regulation
(DCR) 1991, which gives free floor space index (FSI) concessions to
builders for their projects. A marathon meeting was held last week to mainly
discuss doing away with the concept of granting free FSI under DCR (35).
Currently,
areas such as the lobby, lift,
staircases, flower beds, ducts, balconies and lily ponds are not counted in a
building's FSI. FSI is a development tool that lays down norms on how much
you can construct on a plot. Although the lobby, staircase and such other
elements are not included in the FSI, several builders sell the space by
deeming these elements "super built-up" area.
Discussions on the proposal to bring
in certain modifications in DCR 1991 are under consideration, where those
places that are free of FSI will be charged.
The current Municipal Commissioner
feels that they should be monetized so that BMC earns some revenue. In a
nutshell, everything constructed will be counted in the FSI. Effectively, if
the proposal gets cleared, builders will have to pay for building components
that are free of FSI. "With the revenue generated from this, BMC can
invest in capital intensive projects, where it will add value to the city and
its citizens. The concept of misusing of free FSI will thus soon disappear.
As the development plan revision is in progress, so DCR modification will soon
be a part of it.
As part of procedure a series of meetings will be held to finalize the modification and the proposed
change will be then have to be sent to the urban development department for
a final clearance.
For End user, What is the Interpretation
of all this says Adv. R. P.
Rathod: Flower Bed, Lobby, Passage, Balcony,
Toilets, Servants Room, Letter Box, Parking’s, Terrace, Swimming Pool, Electric
Meter Rooms, Stairs, Communication Tower, Dish Antenna etc. are going to be
included in FSI. If these areas get included in FSI, the builder will pass on
this to the end user & will start legally charging for it & incidentally
the property rates will be hiked.
I
think that, if this amendment comes into force, there will be definitely upward
increase in prices in the real estate sector by 25% says Adv. R. P.
Rathod.
He further adds that, if these proposals
are enacted & enforced the next step would be, MCGM will be start charging Property Tax for these areas also, as
they are included in FSI, needless to say adding a burden on the end user
concludes Adv. R. P.
Rathod.
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