The National Textiles Corporation is likely to get the city’s maximum floor space index of 6 or 7 for the construction of a five-star hotel and convention centre at Dadar.
The National Textiles Corporation (NTC) is likely to get the city’s maximum floor space index (FSI) of 6 or 7 for the construction of a five-star hotel and convention centre at Dadar.
In return, the NTC will give the state 4 of the 12 acres its India United Mill 6 occupies free of cost. The state will use the 4 acres of land to carry out the expansion and beautification of Chaityabhoomi, the final resting place of Dr Babasaheb Ambedkar.
“The BMC will decide the FSI after checking out the infrastructure and its holding capacity,” said an official. The current FSI in the city is 1.33, but there is a precedent since the state has granted more than 6 FSI to DB Realty for construction of five-star hotel at Charni Road previously.
The MoU will be signed by CM Prithviraj Chavan and the NTC within two weeks, said TC Benjamin, principal secretary of the state, urban development.
“The Chaityabhoomi beautification and expansion project will have a university for social justice named after Dr Babasaheb Ambedkar, a Vipassana centre, Bhikkhu Nivas (Buddhist monk residence), a library of his works and accommodation facilities for pilgrims. The existing stupa will be expanded and landscaping will be developed,” said Benjamin.
Chaityabhoomi, next to Shivaji Park, is the final resting place of Dr Ambedkar.
The corporation has earmarked Rs21 crore for Chaityabhoomi, next to Shivaji Park. A 10-metre-wide walkway, projecting into the sea and running parallel to the coast, may be constructed as part of the beautification project.
On the rest of the plot, the NTC’s will develop a sea-facing project that will include residential quarters for government employees, commercial shopping centres and possibly a view deck for tourists. “Everything is at a preliminary stage. The plan can be altered later if it not feasible. We may also obtain maximum FSI from the government and subsequently sell in the open market,” an NTC official said on condition of anonymity.
This mill land falls in a Coastal Regulations Zone II area. Following a 2009 Supreme Court order, the state government over the past two years has sanctioned FSI of 6 and above for hotel projects in CRZ areas. These include the reconstruction of Sea Rock Hotel in Bandra. The Development Control Rules (DCR) of 1991 said the government cannot give very high FSI, but the DCR 1967 allows higher FSI. “Earlier, Taj Mahal Palace and Oberoi have got high FSI as per DCR 1967. The same rule will be applied to us, “ said the NTC official.
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