FAR
Noida and Greater Noida authorities have decided to jointly approve a new proposal for real estate projects in this duo area. The authorities want to increase floor-area ratio (FAR) by 0.5% on all plots located on either side of the influence zone of the proposed metro line. Witnessing the increase in projects and density of [...] Continue Reading »
Delhi: With urbanisation expected to grow at a compounded annual growth rate of more than two percent over the next 20 years, there is a great need to develop better policies to provide mass housing, particularly in the suburbs and satellite towns of metros and Tier I cities. The government has to reform the development [...] Continue Reading »
New-Delhi- Delhi will now go vertical by tripling the floor area ratio (FAR) from the present 200 to 600. The planning body of the city will now make the houses of the poor and the middle class go vertical due to the growing housing shortage. The urban development ministry administering the city’s civic urban planning [...] Continue Reading »
Delhi’s skyline seemed to be changing soon. The cooperative housing societies in Delhi have shown keen interest in Delhi Development Authority (DDA)’s notification for higher floor area ratio (FAR) for existing group-housing societies. Since the additional FAR can be availed only for new constructions, cooperative societies are exploring possibilities of knocking down old constructions. The [...] Continue Reading »
Delhi Development Authority (DDA) has given hotels in Delhi a more than 11 times hike in FAR( floor area ratio). FAR has been increased to 175 from 15. The decision has been announced at the recent DDA meeting. The added FAR would be applied to hotels with sanctioned building plans as on February 7, 2007 [...] Continue Reading »
Many flats which were built in the Commonwealth Game (CWG) Village have exceeded their sanctioned floor area ratio (FAR) after construction. The Centre will give its nod to flats only after developers pay the penalty for extra construction apart from FAR. Those flats which have exceeded by 5% of the sanctioned FAR are compoundable and [...] Continue Reading »
