Missing pro-rata FSI stalls revamp of 28 societies in Kandivali's Mahavir Nagar
India, Aug. 8 -- The redevelopment of at least 28 MHADA housing societies in Mahavir Nagar, Kandivali West, involving more than 650 families, has remained stalled for the past few years due to a decades-old FSI issue linked to land acquisition and planning decisions dating back to the 1980s and 1990s.
MHADA, which developed Mahavir Nagar during these decades, had leased individual plots to housing societies after developing the township. However, an unresolved discrepancy over pro-rata FSI has emerged as a major hurdle for redevelopment projects, leaving several societies caught in a deadlock despite having signed Development Agreements with builders.
Pro-rata FSI is typically derived from public amenities such as roads and open spaces ...
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