Good news! Mumbai property owners near Metro may get this big booster shot
The state government is working on commissioning a transit-oriented development (TOD) model for Metro routes being commissioned in the Mumbai Metropolitan Region (MMR), beginning with the 16.5-km Metro-7 route between Dahisar East and Andheri East as a pilot project. There are plans to extend the route to Bhayender East and the Airport.
Mumbai property owners near Metro may just get this big boost. Buildings on the periphery of Mumbai Metro railway corridors may get higher floor space index (FSI) for redevelopment. Image source: Reuters