Q:What is the new proposal of increasing the floor area ratio by Noida Authority? Will it help the customers in any way or is it an advantage to the builders? Kindly throw some light on the matter.
Latest Answer: Earlier on a 1,00,000 sq feet plot of land, a builder could build 2,75,000 sq ft or 275 flats if it is a green building but from now onwards on a 1,00,000 sq ft land, a builder can build 350 flats. This will also address the issue of shortage of land. Concept of affordable housing may also come up.
