UP Govt Allows Increase In FAR For Plots In Greater Noida
The UP government allowed amendment of the Greater Noida Industrial Area (Fifth Amendment) Building Regulations, 2021. The revised rules and regulations for the construction of buildings will help certain categories of allottees to construct more areas over a plot, an
The UP government allowed amendment of the Greater Noida Industrial Area (Fifth Amendment) Building Regulations, 2021. The revised rules and regulations for the construction of buildings will help certain categories of allottees to construct more areas over a plot, and build taller towers in some categories of plots.The amendment came after the Town and Planning Department in Greater Noida sent a proposal to the Uttar Pradesh government, that finally issued a gazette notification, allowing an increase in the floor area ratio (FAR) — which is the proportion obtained by dividing the total covered area (plinth area) on all floors by the area of the plot. Information technology and other such companies will be able to construct double the number of floors than what has been allowed so far, since the FAR allowed for such housing complexes was increased from 1 to 2.The non-polluting industrial units, including biotechnology, research and development companies, will be allowed to construct 4.25 times of space over the size of the plots. While the FAR for 2 will be given to them at the time of the allotment, an additional 2.25 FAR can be bought by paying the required premium. The FAR for new residential group housing, commercial and mixed-use projects will remain the same, capped at 5.25.