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BMC Commissioner defends higher FSI, says it will reduce prices of homes

<p>Defending the relaxation of FSI in the draft of the new Development Plan (2014-34), BMC Commissioner Sitaram Kunte on Friday claimed that the move would help in curbing the skyrocketing housing prices</p>

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Defending the relaxation of FSI in the draft of the new Development Plan (2014-34), BMC Commissioner Sitaram Kunte on Friday claimed that the move would help in curbing the skyrocketing housing prices.

Kunte said, “In earlier DP we had set limitation for FSI because of which beyond a point there were no constructions being allowed. Due to this, a huge gap had been created between supply and demand and price of houses have gone up.”

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