In a move that will allow industries to optimize space and construct more on a given plot of land, an in-principle go-ahead has been given to a proposal to increase the floor area ratio (FAR) and allow mixed land use in industrial areas.
The move will make UP a highly attractive place for investm
In a move that will allow industries to optimize space and construct more on a given plot of land, an in-principle go-ahead has been given to a proposal to increase the floor area ratio (FAR) and allow mixed land use in industrial areas.
The move will make UP a highly attractive place for investments, as most other states offered an FAR of just 2-2.5. Till now, UP has a general FAR of 1.5-1.75, while purchasable is 0.75 to 1 with the maximum being 2.75.
In a letter to industrial development authorities in the state, additional chief secretary, industries, Alok Kumar has said that FAR for those areas which have already been developed will be increased to 2.5 with 1.5 as common FAR and 1 as purchasable FAR. For areas yet to be developed, an FAR of 3.5 will be offered, including 2.5 as common FAR and 1 as purchasable FAR. This will be permissible subject to any other condition which restricts height, for instance the upcoming Jewar Airport in Greater Noida.