R.M.S.KHANDEPARKAR
Gango Co-operative Housing Society Ltd. – Appellant
Versus
Municipal Corporation of Greater Bombay & another – Respondent
2.The petitioners are the owners of a land bearing C.T.S. No. 248 at Borivali (West), Mumbai Suburban District, having purchased the same from M/s. Parag Corporation, the builders. The title to the plot was acquired by the petitioner society pursuant to a consent decree passed in Original Side Suit No. 1272 of 1984 on 22-9-1984. Accordingly the petitioners name has been entered as the holders/occupiers of the plot in the property register card. At the time of acquisition of title to the property by the petitioners society, the permissible F.S.I. was 0.75 : 1. However, under the Development Control Regulation, 1991, the F.S.I. which could be availed from the properties was fixed at 1 : 1. Consequently the F.S.I. to be generated from the said plot was increased by 0.25 : 1. The petitioners therefore decided to utilise the additional F.S.I. by const
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