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floor area ratio

Floor Area Ratio

Govt. Of Karnataka Revised Town Planning Rules, Granted Additional FAR

In a major policy declaration, the Karnataka government on 31st July 2020 issued an ordinance to encourage vertical development in the state by allowing civic agencies to levy a 33% premium to the high floor area ratio (FAR). The government is expected to get more revenue from this. The ordinance, an amendment to the Karnataka […]

Prahalad Singh

terminologies

Decoding Apartment Sizes: How to Choose the Right BHK?

If you are buying an apartment, you have to make certain important decisions as a buyer. One of these major decisions includes choosing the right size of apartment that caters to you and your family’s requirements. This involves understanding important factors such as the different terminologies used by the builders and analysing your requirements. This […]

karthik.k

DDA’s Land Pooling Policy Approved, Sector welcomes the Move!

In a major landmark move, the Ministry of Urban Development has approved the regulations for Land Pooling Policy in Delhi. This initiative is expected to pave way for the development of about 100 residential projects across the outer part of the capital. So, what was the need? At present, around 17 million people resides in […]

nikunj.j

Hike In FAR to Boost Noida Realty Sector

Considering the increase of population in Noida and Greater Noida with special preference for metro corridors by folks, Uttar Pradesh government has approved the proposal of increasing the floor area ratio (FAR) by 0.5 in metro corridors. Before this the FAR permissible was 2.75 which is now increased to 3.25. The main aim of government […]

nikunj.j

Impact of Hiked Floor Area Ratio in NCR

The Ministry of Urban Development has approved Delhi Development Authority’s proposal to increase Floor Area Ratio (FAR) norms for residential plots in the National Capital. Floor Area Ratio, abbreviated as FAR, is the percentage of a building’s aggregate floor area in relation to area of the land on which the property is constructed. FAR for […]

nikunj.j

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