India, Sept. 23 -- Developers can continue to avail of additional floor space index (FSI) in the Bandra Kurla Complex at a promotional rate indefinitely, the state government has decided.

"The promotional rate of premium for allotment of Additional Built-Up Area (ABUA) shall continue to be applicable up to 18/07/2026 and thereafter, the applicable rate of premium and the terms and conditions for allotment of the balance Additional Built-Up Area, shall be resolved by Authority of MMRDA, from time to time," a notice issued by the urban development department in August said.

The notice was issued weeks after a clutch of developers' bodies met the Mumbai Metropolitan Region Development Authority (MMRDA) and requested for an indefinite exten...