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Benefits owner would receive from FSI/TDR for selling Cessed Property
29-Aug-2023 (In Property Law)
What benefits such as from FSI or TDR should owner of the cessed property in mumbai should get while selling it to developer? How to calculate the selling value of the cessed property with tenants while selling it?
It depends between the seller and purchaser. There is no law which specifies the rate for a property it all depends upon market conditions location balance fsi potential scope after development etc. As regards fsi and tdr consult an architect or sanctioning authority.
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