Nashik: NMC mandates 50:50 use of premium FSI & TDR to boost demand, speed up land acquisition

Nashik’s civic body mandates developers use premium Floor Space Index (FSI) and Transfer of Development Rights (TDR) equally. This aims to revive TDR demand, ensure fair landowner compensation, and facilitate acquiring land for public amenities. The move is expected to reduce the municipal corporation’s financial burden and speed up development plan projects.

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