In good news for residential apartment owners in Delhi, the Urban Development Ministry has enhanced the floor area ratio (FAR).
While the FAR has been increased from 150 per cent to 200 per cent in respect of plots of 750-1000 sq mt, the same was enhanced from 120 per cent to 200 per cent for plots of 1000 sq mt and above, a senior official of UD Ministry said adding UD Minister M Venkaiah Naidu approved the proposal of Delhi Development Authority (DDA) in this regard on Monday.
The Ministry has also approved enhancement of Ground Coverage for residential areas in Delhi, said the official.
FAR enhancement means proportional increase in total built-up area, which will result in more spacious rooms or floors on the same plot, depending on the ground coverage.
However, the benefits of revised FAR will go to plots of 1000 sq mt and above as the ground coverage for them was raised from 40 per cent to 50 per cent.
For plots of 750-1000 sq mt, the ground coverage will remain at 50 per cent.
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.
With land being in short supply in major NCR cities like Delhi and the demand for housing rising by the day, the increase in FAR is being considered as a welcome step.
