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Decision on premium FSI for Chennai shortly
A. Srivathsan
CHENNAI: The Government will shortly decide on premium FSI (Floor Space Index) in Chennai that allows for additional built-up area over and above what is permitted by the development regulations for a fee. The CMDA had earlier sent its recommendation to the State government suggesting that the premium FSI should not be allowed within the city, but can be permitted outside the city limits.
What is holding up the finalisation is the discussion to override the Chennai Metropolitan Development Authority’s recommendation and permit the FSI within the city. The charge that needs to be paid to avail the premium FSI is also being debated, according to State government sources.
The reasons put forth by the CMDA are that the city is already dense and congested and cannot take further densification that will be caused by allowing the premium FSI. The suburbs on the other hand, the CMDA has argued, could take more FSI provided the infrastructure there is improved.
Other alternatives
Though the recommendations suggest that the charges for availing premium FSI charges are to be calculated based on the value of land required to avail the additional FSI, the government is looking at other alternatives to arrive at the fee.
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