![]() See also: All about property registration laws in India Therefore, considering the plot area and the FAR calculation formula applicable in that particular locality, a developer would be permitted to construct a one-storey building. As the maximum space available on the ground floor will be around 500 sq ft, hence, with the remaining built-up area of 250 sq ft, it is possible to construct just one more floor. If the size of the plot or land being used for a project is 500 sq ft and the FAR determined for that particular city/locality is 1.5, then, the total floor area that can be constructed will be 750 sq ft (500×1.5) according to far calculation. The FAR in real estate or the floor space index is decided by municipal corporations or the development authority, according to the Development Control Regulations (DCR) and varies from one city or even locality, to another. the space covered by all the floors in the building divided by the area of land on which the project is being constructed. In real estate, FAR of a project is the ratio between the total covered area of all floors of a building to the plot area i.e. Note that Floor space index (FSI) is applicable on commercial buildings also. Note: FAR of 1.5 is expressed as FSI of 150% Plot Area x Floor Space Index = Built-up area The FAR calculation formula is quite simple: Similarly, if the floor space index -FSI is 1.5 and you have a land of 1,000 sq ft, then, you can build up to 1,500 sq ft of covered structure. Going forward in the article, we have mentioned about the floor space index, the floor area ratio formula that can be used for calculation purposes.įloor area ratio is basically the ratio between the total covered area of all floors of a building to the plot area.įor example, if for a particular plot area of 10,000 square metres, a floor space index (FSI) of 1 is allotted, then, a construction of 10,000 square metres would be allowed for the project. FAR in real estate is a ratio between a building’s total constructed floor area and the land area. What is not included in gross floor area?įloor area ratio (FAR in real estate) or floor space index (FSI) denote the maximum floor space that can be constructed on a piece of land.Floor Area Ratio: Inclusions and exclusions.DTCP in Gurugram identifies around 1,000 buildings for violating plans.Noida likely to change data centre building rules.UP okays higher FAR for industrial plots.Punjab Local Bodies Department to identify land for affordable housing.Maharashtra may ease premium payable on FAR. ![]()
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