First off, let’s answer the question: what is FSI? FSI stands for “Floor Space Index” which is a ratio measuring the developed space to the actual amount of space of the given lot. Mind you FSI combines not only the actual footprint of the commercial building but also includes the height. Put it another way, to reach the FSI of a commercial building in Mumbai or elsewhere, add all the areas of the building, this includes each floor, and divide this number by the total size of the lot and you get the FSI of a respective commercial building (this applies to residential properties in Mumbai and elsewhere in the Indian property market as well). The higher the FSI the more valuable that piece of land is and in turn, that property in Mumbai should be that much more valuable for developers and for prospective Indian property investors. As you can see, any increase in the FSI allowed for any commercial buildings for sale in Mumbai or anywhere else, would surely increase the value. And that brings us to this news story where we are hearing that in property sites just outside of Mumbai, namely Thane for Jagaha.com‘s purposes, the FSI will likely be increased. If this goes thru, then land and commercial buildings in these areas will surely become more valuable and needless to say, it could be a good time to consider commercial buildings for sale in Thane. Mind you that this has not been confirmed at this point in time, but it would be logical as these property sites outside of Mumbai do have the space for fresh development in the residential space as well adding offices spaces in these property sites in the Mumbai metro area. There are plenty of options when considering commercial properties in Mumbai, but given the above potential and likely news coming to fruition combined with the fact that Thane’s infrastructure is overall better than many other property sites in Mumbai, we would encourage you to take a look at commercial properties in Thane for your next Indian property to be added to your real estate Mumbai portfolio whether it be office for sale in Thane or an entire commercial building for sale in Thane. For more details on this, please take a look thru the Economic Times article