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Real Estate

Mumbai builders get a shot in the arm ahead of Maharashtra elections

Updated : August 20, 2019 06:32 PM IST

The Maharashtra Government has decided to cut premium on additional FSI to 40% of Ready Reckoner Rate from 50 percent for 2 years
Premium for fungible FSI reduced to 35% for residential projects, 40% for commercial projects
Development cess for redevelopment projects withdrawn for 2 years
Mumbai builders get a shot in the arm ahead of Maharashtra elections

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