Floor Area Ratio
Noida: On a measure to support development of green buildings in the city, the Noida Authority has decided to reward over 24 developers who have opted for eco-friendly construction by giving them 5 percent floor area ratio (FAR) for free. Around 20 buildings have been completely designed on the green concept and have received the [...] Continue Reading »
Gurgaon- With property prices increasing rapidly in Gurgaon, buying a property in the city has become extremely difficult for buyers of low-income group (LIG). Gurgaon has emerged as a favourite destination of many property investors and real estate developers. In order to support developers in building more and more affordable housing units, the government of [...] Continue Reading »
Delhi: The Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy, presenting a new hope that would speed up the process of development of the nation’s capital. Ever since the implementation of the first Master Plan of Delhi 1961, the DDA started acquiring large chunks of land, develop residential or commercial properties on [...] Continue Reading »
New Delhi- As per the new Master Plan of Delhi, if a part of any property comes in the way of a development project which is carried by Delhi Development Authority, then the DDA will have complete right for land acquisition, but in return, as a part of compensation, the Authority has to give additional [...] Continue Reading »
New Delhi- The new Real Estate (Regulation & Development) Bill proposes that the real estate developers will have to first seek all the requisite permissions and approvals before they set out to announce their projects and get the buyers to sign up. The proposed Housing Bill makes it mandatory for the builders to get permissions [...] Continue Reading »
Jaipur- The empowered committee of the Urban Development, Housing has given green signal to several proposals in order to ease the land regularization process and to provide financial relief to the applicants. The state government has planned to charge regularization fees and grant lease on the basis of reserve price by giving up the old [...] Continue Reading »
New Delhi- Delhi Development Authority is hopeful of completing the Master Plan 2021 review by June-July 2013. In 2012, the Union urban development minister Kamal Nath had said that the mid-term review would be completed by the end of 2012. But as per sources, it was a tedious process as each amendment in the master [...] Continue Reading »
Delhi- One of the major reasons for acute shortfall of housing in Delhi is the lower floor area ratio (FAR) which does not allow high-rise apartments in Delhi. Thousands of high-rises with having 15 to 20 floors are found in Mumbai and National Capital Region (NCR), since the FAR value is high. But it is [...] 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 »
Kolkata- The first meeting of task force on urban infrastructure will be held on 10th of December 2012 at state assembly to resolve the problems of developers . The representatives of the construction-builder community will also be part of this meeting. This force set up by Mamata Banerjee comprises of chief secretary and ministers and secretaries [...] Continue Reading »
