Under the revised parking floor space index (FSI) policy, the Maharashtra government approved three parking lot projects for over 1,300 vehicles.
The new lots are at Altamount Road (behind Jaslok Hospital), and in Ghatkopar and Mulund (LBS Marg).
According to media reports, the lots would be a huge relief for people as parking space in the city is scarce.
The state government is yet to clear another 13 proposals which are approved by the Brihanmumbai Municipal Corporation (BMC).
Under the development control regulation (DCR) 33 (24), the state government announced the parking FSI policy.
Under this policy, a developer will get a floor space index of up to four in exchange for the construction of parking lots, to encourage private developers to build them.
The state government revised the 2008 policy after experts termed it “builder-driven”. The first parking lot under the new scheme began operations in June at Apollo Mills, NM Joshi Marg, and two in Sakinaka and Goregaon will become operational in around three months.
Under the current policy, parking floors are restricted to four, and the minimum area of the plot required to avail of the policy has been increased from 700 sqm to 1,000 sqm in the island city and 2,000 sqm in the suburbs.
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