F.A.R. up to 6 allowed in select locations in New Town + ET Report

[A vick, Pune]

Follow the link from the UD Sec.'s blog:

F.A.R. up to 6 allowed in select locations in New Town

The Gazette Notification was published recently and can be seen at http://www.wburbandev.gov.in/circulars/3865-ud_o_m_hid_41-3-2011.pdf . In CBD (Central Business District) if a plot is located within 250 metres of the Metro Railway Line, a builder can make a house with a Floor Area Ratio of 6 on payment of prescribed fees. This FAR is the highest in the state. This is in pursuance of our perception that cities need to densified by creating virtual land through taller buildings

Story on Newtown published in ET on Tuesday: