Mumbai's real estate sees a transformation. Builders redevelop old societies into taller towers. They gain higher Floor Space Index by housing project-affected people. This benefits residents with more space. However, increased density strains infrastructure. Authorities aim to balance development and public needs. Challenges remain in timely project completion and approvals. The focus is on ensuring fair practices.
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Mumbai: Windfall for builders as redevelopment booms through higher FSI schemes
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