Mumbai Fed Remake Seeks Foreign Investment

Mumbai: The Remaking of Mumbai Federation (RoMF), a body of associations of various stakeholders keen in the planned redevelopment of Mumbai, has led a delegation to the Shanghai conference of global body Council on Tall Buildings and Urban Habitats to attract international investment and partnership. The delegation is planning to ink a MoU with investors in the two-day conference, which concludes on July 10. With around 20,000 dilapidated buildings identified in Mumbai by the State Government, the RoMF plan looks at increasing the permissible Floor Space Index and channelising a part of the proceeds to improve infrastructure facilities and more mass-housing.