The booklet contains the step by step procedures for housing societies that want to avail of the increased FSI as well as about eight forms that applicants have filled out at various stages. All existing residents will get an increased area in the range of 300 sq ft to 750 sq ft while the developer will get his profit by constructing 50% to 75% of the rehabilitation areas as his sale component.
Bhide added that MHADA has recently appointed architects who will prepare layouts for all MHADA colonies so that the increased FSI can be allotted on the gross plot area of all colonies.
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