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Realty industry hails govt's FSI move
The realty industry has hailed the Maharashtra government's move to allot 33 per cent floor space index (FSI) in suburbs for a premium. Realty players say this would not only curb cartelisation of transfer of development rights (TDR), but help correct prices as well. Sunil Mantri, former president, Maharashtra Chamber of Housing Industry, said, "It was a long-pending move. It comes at a time when the
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