^^ What is the present permissible FSI in Mumbai? Isn't it in the range of 3-4?
The report says outside municipal areas, the FSI is increased from 0.5 to 1!! To me it appears as little ridiculous. What is the issue in having FSI/FAR of 3 which can be increased up to 4 like in whole of Kerala? (Anyway present Govt of Kerala seems thinking backwards when they plan to reduce it to 2.5 or so. Already in Kochi corporation area it is rolled back to 1.5 citing infrastructural constraints. Thankfully no such issue in Trivandrum corporation so far since infra is o.k.)
I feel in CBD of Mumbai FSI is high, say 3-4, otherwise how is 30-40 floors possible?. See, in the page posted by Jai, there is some 25 floor slender building in a very small land area. Defnitely the FSI is around 4, if not more.