The Gazette Notification was published recently and can be seen at
http://www.wburbandev.gov.in/circulars/3865-ud_o_m_hid_41-3-2011.pdf . In CBD (Central Business District) if a plot is located within 250 metres of the Metro Railway Line, a builder can make a house with a Floor Area Ratio of 6 on payment of prescribed fees. This FAR is the highest in the state. This is in pursuance of our perception that cities need to densified by creating virtual land through taller buildings.
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Here is a clipping from today's Anandabazar:
And here is a clipping from today's Economic Times:
Really glad to see that Transit Oriented Development is being taken as a step to optimise on the land....!
ReplyDeleteThanks
ReplyDeletesir lottery ka date kab hai kuch bata sakte hai kya...???
ReplyDeleteSir, its very good move to go vertical. It should be up to 500 meters along metro line. More invesment will come to Newtown due to this.
ReplyDeleteI don't think it will be possible to change the influence zone now
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