The new Development Plan (DP) 2034 has introduced the cluster redevelopment scheme for the old colonies in the city's western and eastern suburbs, with a permissible floor space index (FSI) of up to 4. The catch being, while the minimum requirement to get a project under cluster redevelopment is 4,000 sq metres in the Island city, it has been hiked 10,000 sq metres in Mumbai Suburbs and extended suburbs. Meanwhile, none of the cluster redevelopment projects in the city has been completed until now. Chandrasekhar Prabhu, an expert, said, "Whether the area hike of 10,000 sq mts in suburbs for cluster redevelopment is good or bad can be discussed later, but right now, it is good that cluster redevelopment that was only implemented in the island city has also been introduced in the suburbs." THE SCHEMECDS is a scheme for redevelopment of a cluster of buildings and structures over a minimum area of 4000 sq.

Source: dna May 31, 2018 00:11 UTC