Floor Area Ratio
On Wednesday the Urban Development Minister has approved a proposal set in front of them by them by the Delhi Development Authority to increase the floor area ratio abbreviated as FAR. Simplifying this point, we get to the conclusion that this means the amount of building area with respect to the plot area has been [...] Continue Reading »
Floor area ratio (FAR) norms have been increased for residential plots in Delhi by ministry of Urban development. In technical terms, Floor area ratio can be defined as the total floor area of the building to the area of the land on which this construction has been done. An expected move This move by the [...] Continue Reading »
By the conclusion of November, sources reveal that state government might approve the scheme of proposal made in 2013 of putting aside increment in the floor area ratio (FAR). The original submission by Noida and Greater Noida authorities included the demand of the enlargement in the realty space down the passageway. The proposal sent in [...] Continue Reading »
The government plans to develop smart cities and townships across the state with high-density vertical buildings and adequate green area. The New Town Kolkata Development Authority (NKDA) has already started following the model for Rajarhat New Town. An NKDA official said they are trying to showcase New Town as the Singapore of Kolkata and the [...] Continue Reading »
Months after scrapping the relaxation the previous Left Front government had given on land holdings beyond ceiling, the Mamata Banerjee government has taken a similar route to boost urban infrastructure. Another new decision has occurred as all building plans will be sanctioned online from now on. The government has come up with a policy for [...] Continue Reading »
The swanky Green line is zipping ahead and so are the property prices: Construction work along the Metro corridors may have disgruntled them but property owners on this stretch now have good reasons to be delighted. As work expedited on the Malleswaram-Peenya line, land prices along the stretch rose by 20-30%, in the past two-three [...] Continue Reading »
Lieutenant-Governor Najeeb Jung is highly likely to give green signal to the Delhi Development Authority’s plan to set up residential units along ‘facility corridors’ in the Capital. Once passed, this amendment in the Master Plan Delhi 2021 will open new areas in the city for housing projects. Regions located on the outskirts of Delhi including [...] Continue Reading »
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 »
The Delhi Development Authority (DDA) is planning to make a new provision in the Master Plan 2021 for introduction of studio apartments and service apartments. As per the proposal, studio apartments will be allowed to come up in residential zones while service apartments will be restricted to commercial centers. According to the DDA’s proposal, it would [...] 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 »
