Good & Bad NEWS for CGHS (FAR Increased)

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SK MALIK

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Nov 26, 2014, 5:11:01 AM11/26/14
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Floor area ratio in Delhi enhanced
New Delhi, Nov 26:
In a boost to the vertical development of real estate in Delhi, the Centre on Wednesday hiked the floor area ratio (FAR) norms in the Capital.
FAR is the ratio of a building's total floor area to the size of the piece of land upon which it is built.
According to a statement from the Ministry of Urban Development, FAR in respect of plots of 750–1000 sq m size has been enhanced from the current 150 per cent to 200 per cent, while the same has been increased from 120 per cent to 200 per cent for plots of 1000 sq m and above. While the ground coverage for plots of 750–1000 sq m will remain at 50 per cent, the same has been increased from 40 per cent to 50 per cent for plots of 1000 sq m and above.
Urban Development Minister M Venkaiah Naidu approved the proposal of the Delhi Development Authority (DDA) in this regard on Monday this week. DDA has proposed an amendment to this effect to the Master Plan Delhi – 2021 and firmed up the same after inviting objections and suggestions from the public, the statement added.
 

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