The regulatory body, The Chennai Metropolitan
Development Authority (CMDA) has released an order recently as per which the
FSI of OSR (open space reservation) land in sub-divided residential plots
(where a large land is subdivided into smaller plots) would be accorded to the
residual plots. It would be accorded proportionate to the extent of the area of
each plot.
People who lose land for open space reservation
(OSR) facility like parks can look forward to enjoying the development rights
of the forfeited land on their residual plots by transferring the FSI to it.
While relaxing norms through a recent order, CMDA
has kept an upper limit of 8 plots for awarding such benefits.
Chennaiites have often shown resistance to
surrendering open space reservation (OSR) area, meant for public facilities
like parks, to the local body for their upkeep. Instead, they encroach upon it
for their personal use.
Some offer to maintain it on their own with a
view to restricting public entry into it.
CMDA, in a recent order said that floor space
index (FSI is the ratio of built-up area to land area) of OSR land in
sub-divided residential plots (where a large land is subdivided into smaller
plots) would be accorded to the residual plots. It would be accorded
proportionate to the extent of the area of each plot.
While calculating the permissible FSI for
allowing construction in a plot in an approved sub-divided land, the effective
FSI of the land will be normal FSI of the land plus the FSI of the OSR
calculated on a pro rata basis.
The CMDA, while approving subdivisions of land in
future will allocate the share of OSR FSI for each plot. The regulatory body
has kept an upper limit of eight plots for awarding such benefits, meaning if
the sub-divided plots are more in number, they would not be eligible to avail
FSI of the OSR land.
Also, FSI of OSR can be transferred to the
residual plots only in case of subdivision of plots and not in the case of
approved residential layouts.
These benefits will be available for even earlier
approved sub-divisions, provided the plots are vacant and no building has come
up yet.
In the case of apartment projects, the regulatory
agency has been allowing developers to avail FSI of the OSR land on the balance
area of development.
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