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Govt move to help Greater Noida builders hit by land row

Delhi/NCR
The Greater Noida Authority (GNIDA) has passed a proposal to increase the floor area ratio (FAR) of group housing plots from 2.75 to 3.50. The proposal was cleared in the 90th board meeting of the authority.
“Increasing the population density norm and the FAR allows developers to construct more and help builders to bring down the pro-rata land costs,” said Anil Sharma, CMD Amrapali Group and vice president of CREDAI-NCR.
At present, developers are allowed to build only around 2.75 times of the ground area of a project. That means, on a 1,00,000 sq feet plot of land, a builder can build 2,75,000 sq ft if it is a green building. That means that they can build 275 apartments of 1,000 sq feet each.
“We have sent the proposal to the state government for an increase in the existing FAR and also invited objections as well as suggestions on the proposal,” said a Greater Noida Authority official.
“After ironing out the objections we will forward the proposal to the state and as soon as we receive the nod, we will notify it for implementation,” he added.
Once approved, the Authority will allow developers to build 3.5 times of the ground area. That means, on a 1,00,000 sq ft land, a builder can build 350 flats. This will help them recover the extra cost they are likely to bear in the acquisition of land without putting burden on the buyers.
“The increase in the floor area ratio would be good for the buyers. Also, the hike in future projects of developers can be checked because of the enhanced FAR,” said Sharma.
“This move by the Authority will also address the issue of shortage of land, which is ultimate likely to occur. Moreover, increased FAR would translate into more flats and the concept of affordable housing could be revived,” added Sharma.
Some developers though are sceptical about the move, claiming that increased FAR would not decrease the load on them because of hiked rates of land. While agreeing that it would have a positive effect on future projects, the developers lamented the burden on existing projects. “In the past three months itself, the Greater Noida Authority has hiked land rates by more than 40% for all categories of land. This has put a tremendous burden on us. If we have to purchase an extra FAR for existing projects, we will again have to shell out more,” said R K Arora, CMD of Supertech Group.
“The Greater Noida Authority needs to devise other means to help us tide over this difficult time,” he added.
Source: The Times of India, New Delhi

नोएडा एक्सटेंशन के बिल्डरों की आर्थिक स्थिति संभालने के लिए प्राधिकरण ने एफएआर (फ्लोर एरिया रेशियो) को साढ़े तीन गुना कर दिया है। इससे अब 25 फीसदी फ्लैटों की तादाद बढ़ जाएगी। प्राधिकरण क्षेत्र में 15 मीटर ऊंची बिल्डिंग बनाने की इजाजत है। अब बिल्डरों को और ऊंची बिल्डिंग बनानी है तो इसके लिए उड्डयन विभाग से इजाजत लेनी होगी। माना जा रहा है प्राधिकरण की इस सौगात से नोएडा एक्सटेंशन में अब करीब 3.50 लाख फ्लैट बनाए जा सकेंगे। पहले यह तादाद 2.50 लाख थी। ग्रेटर नोएडा प्राधिकरण ने पिछले बोर्ड बैठक में एक और प्रस्ताव शामिल किया था जिसमें एफएआर को 3.50 गुना कर दिया। पहले यह 2.75 गुना था।

  • The floor area ratio (F.A.R.) is the principal bulk regulation controlling the size of  buildings.     F.A.R. is the ratio of total building floor area to the area of  the plot.
  • For example, if a plot measures 25 cents (approx. 10886 sq.ft) and the F.A.R. permissible  or that area is 2, then a maximum of 21772 sq.ft of space will be permitted to construct in all floors of the building put together.
  • Town Planning Schemes mandates different F.A.R. values for different areas.The F.A.R. value, when multiplied with the Plot area gives us the maximum floor area that can be constructed for a building in the plot. This is subject to satisfying other conditions such as Parking, setbacks, access width etc. 
  • Various tools are used by for regulating or guiding the development of our urban areas. The primary objective of using such tools is the optimal utilisation of precious land considering its use, reuse, misuse, disuse and abuse.
  • Among various development regulations adopted, Floor Area Ratio (F.A.R.) is one of the most important one, which regulates the bulk of the built space.Higher the F.A.R. value, more will be floor area within the same plot, and higher the pressure on land for infrastructure. Carrying capacity and development priorities assigned by the plan to each locality are the major factors which decide F.A.R. that can be permitted in an area.
  • F.A.R. values mainly determine the density or intensity of development  of an area. Hence different F.A.R. values are prescribed for different locations in development plans.
  • In brief; the permissible F.A.R. values are decided in relation to different inter-related aspects such as adequacy of water supply, sewerage system,solid waste disposal, road capacity, land availability, harmony with surrounding developments and other facilities, amenities and services.
  • In other words, F.A.R. is a very crucial regulation, which decides the intensity of development in an area and hence highest care is required in fixing its maximum allowable limit in different areas. It is high time for us to think about the Implications of F.A.R. on the development of our developing cities like Noida Extn.
Why F.A.R. is used?
  • Various tools are used by for regulating or guiding the development of our urban areas. The primary objective of using such tools is the optimal utilisation of precious land considering its use, reuse, misuse, disuse and abuse.
  • Among various development regulations adopted, Floor Area Ratio (F.A.R.) is one of the most important one, which regulates the bulk of the built space.
    Higher the F.A.R. value, more will be floor area within the same plot, and higher the pressure on land for infrastructure. Carrying capacity anddevelopment priorities assigned by the plan to each locality are the major factors which decide F.A.R. that can be permitted in an area.
  • F.A.R. values mainly determine the density or intensity of development  of an area. Hence different F.A.R. values are prescribed for different locations in development plans.

    In brief; the permissible F.A.R. values are decided in relation to different inter-related spects such as adequacy of water supply, sewerage system,solid waste disposal, road capacity, land availability, harmony with surrounding developments and other facilities, amenities and services.

    In other words, F.A.R. is a very crucial regulation, which decides the intensity of evelopment in an area and hence highest care is required in fixing its maximum allowable limit in different areas.

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