Floor Area Ratio
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Delhi Municipal Corporation Bans Paid Parking at Over 70 Malls, Hospitals
Paid parking at around 75 malls and hospitals falling in the South Delhi Municipal Corporation (SDMC) area has been banned following growing complaints of high fees being charged for use of these facilities.
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Realty Sector Welcomes Floor Area Ratio Hike
The real estate industry on Wednesday hailed increase in floor area ratio (FAR) and ground coverage for plots in Delhi, saying the move would allow more built-up area on bigger land parcels, but felt that housing supply would not be boosted till height and density norms are eased.
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DLF Soars 9% on Hike of Floor Area Ratio in Delhi
Delhi-based realty stocks jumped sharply on Wednesday after the Urban Development Ministry approved higher ground coverage and floor area ratio in the capital city. FAR is the ratio of a building's total floor area as compared to the size of the land upon which it is built. Higher FAR would enable builders to construct more floors in the capital.
-
Delhi Municipal Corporation Bans Paid Parking at Over 70 Malls, Hospitals
Paid parking at around 75 malls and hospitals falling in the South Delhi Municipal Corporation (SDMC) area has been banned following growing complaints of high fees being charged for use of these facilities.
-
Realty Sector Welcomes Floor Area Ratio Hike
The real estate industry on Wednesday hailed increase in floor area ratio (FAR) and ground coverage for plots in Delhi, saying the move would allow more built-up area on bigger land parcels, but felt that housing supply would not be boosted till height and density norms are eased.
-
DLF Soars 9% on Hike of Floor Area Ratio in Delhi
Delhi-based realty stocks jumped sharply on Wednesday after the Urban Development Ministry approved higher ground coverage and floor area ratio in the capital city. FAR is the ratio of a building's total floor area as compared to the size of the land upon which it is built. Higher FAR would enable builders to construct more floors in the capital.
