The Eknath Shinde government on Monday approved the extension of the lease period to 60 years for 39 projects of the Maharashtra State Road Transport Corporation (MSRTC) being developed on a build-operate-transfer (BOT) basis. The lease period for these projects was currently 30 years.
As per the cabinet decision, under the new terms, commercial use of the available floor space index (FSI) on these plots will be permitted, excluding 0.5 FSI reserved for MSRTC's construction.
The development will follow provisions of Development Control Regulations 2034 and Unified Development Control and Promotion Regulations 2020.
Furthermore, MSRTC has been exempted from paying 50% of the revenue share to the government for commercial utilisation of these plots. The final decision on BOT tenders will be made directly at the corporation level.
هذه القصة مأخوذة من طبعة September 24, 2024 من The Free Press Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة September 24, 2024 من The Free Press Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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