Ahmedabad
Saturday, September 18, 2010
Tuesday, September 14, 2010
FSI-made-chargeable-in-R1-zones-of-Bopal
AHMEDABAD: The fate of Bopal has been sealed with the state urban development department (UDD) making FSI chargeable in the newly designated R1 zones. The notification would be officially ratified on Monday and officials in Ahmedabad Urban Development Authority (Auda) have already been intimated. Urban minister Nitin Patel also confirmed the new development.
The notification would in fact be a benchmark policy and have an effect on the new development plan maps prepared by Auda for the newly inducted 68 villages. The newly introduced FSI charge' is directly linked to the latest jantri' value of the land on which the property stands.
However, Auda officials have called the fears of developers of an imminent price rise a false alarm'. The new notification will be applicable in town planning-2 (TP2) area, where the density is high and there exists no room for any extra civic services.
Earlier 75 per cent of Bopal, considered to be in R1 zone, had an FSI of 1.8 for high rises while 25 per cent remaining was under R2 zone where FSI was 1.2 for low rises. Developers making high rises in erstwhile R1 zone will now have to purchase 0.6 FSI from Auda for extra floors after the UDD officially brings out the notification on Monday.
"There may be a marginal rise of just 6 per cent against the 25 per cent anticipated by the builders. The FSI charge calculations have taken the price factor into consideration. The UDD has made sure that the interest of buyers is not harmed. The 25 per cent price rise is sheer speculation by builders," says a senior Auda official.
"We had no other option but to pursue for an FSI charge as Auda required at least Rs 217 crore for various developmental works in the area. This is a huge amount and a mere development charge may not have covered for the costs. Bopal will set an example in land economics after the new policy comes into effect on Monday," adds the Auda official.
Another major reason for the UDD to bring out this policy is to control density in the already packed Bopal area, which is almost bursting at the seams.
"More high rises in Bopal mean more people. More people mean more vehicles, large sized ducts, tubes and underground pipes for water and drainage. More vehicles would also require wider roads. But in Bopal land available is minimal. How can you sustain this neighbourhood if you do not control density," asked the Auda official.
Read more: FSI made chargeable in R1 zones of Bopal - The Times of India http://timesofindia.indiatimes.com/city/ahmedabad/FSI-made-chargeable-in-R1-zones-of-Bopal/articleshow/6389231.cms#ixzz0zVunPTxN
The notification would in fact be a benchmark policy and have an effect on the new development plan maps prepared by Auda for the newly inducted 68 villages. The newly introduced FSI charge' is directly linked to the latest jantri' value of the land on which the property stands.
However, Auda officials have called the fears of developers of an imminent price rise a false alarm'. The new notification will be applicable in town planning-2 (TP2) area, where the density is high and there exists no room for any extra civic services.
Earlier 75 per cent of Bopal, considered to be in R1 zone, had an FSI of 1.8 for high rises while 25 per cent remaining was under R2 zone where FSI was 1.2 for low rises. Developers making high rises in erstwhile R1 zone will now have to purchase 0.6 FSI from Auda for extra floors after the UDD officially brings out the notification on Monday.
"There may be a marginal rise of just 6 per cent against the 25 per cent anticipated by the builders. The FSI charge calculations have taken the price factor into consideration. The UDD has made sure that the interest of buyers is not harmed. The 25 per cent price rise is sheer speculation by builders," says a senior Auda official.
"We had no other option but to pursue for an FSI charge as Auda required at least Rs 217 crore for various developmental works in the area. This is a huge amount and a mere development charge may not have covered for the costs. Bopal will set an example in land economics after the new policy comes into effect on Monday," adds the Auda official.
Another major reason for the UDD to bring out this policy is to control density in the already packed Bopal area, which is almost bursting at the seams.
"More high rises in Bopal mean more people. More people mean more vehicles, large sized ducts, tubes and underground pipes for water and drainage. More vehicles would also require wider roads. But in Bopal land available is minimal. How can you sustain this neighbourhood if you do not control density," asked the Auda official.
Read more: FSI made chargeable in R1 zones of Bopal - The Times of India http://timesofindia.indiatimes.com/city/ahmedabad/FSI-made-chargeable-in-R1-zones-of-Bopal/articleshow/6389231.cms#ixzz0zVunPTxN
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