floor area ratio

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floor area ratio

The ratio of floor space in a building to lot size; used in zoning regulations to restrict the size of buildings.
References in periodicals archive ?
In the case of your father-in-law, he has constructed a small building by utilising only 35 per cent of the available floor space index.
Another retired defence officer, wishing to remain anonymous, said Antony had ordered the CBI as he did not have a cordial relation with former Maharashtra CM Sushilkumar Shinde, who gave clearance in allotting government land and granting additional Floor Space Index to the society.
Many Indian buildings do not conform to safety regulations, with owners constructing extra floors or structures without approval from the concerned authorities and beyond the sanctioned floor space index (FSI) or floor area ration (FAR).
Floor space index (FSI): The ratio of the total floor area of a building to the total area of the site.
The different instruments of VCF are ; Land Value Tax, Fee for changing land use, Betterment levy, Development charges, Transfer of Development Rights, Premium on relaxation of Floor Space Index and Floor Area Ratio, Vacant Land Tax, Tax Increment Financing, Zoning relaxation for land acquisition and Land Pooling System.
According to him, the choice of Industrial City had to do with the project being a low-density one and given its floor space index requirements.
The chief minister has also assured that the state government and the civic body would explore the possibility of allowing residents of illegal flats to pay a fine and utilise the Floor Space Index available on the land.
An MRVC official stated, "These stations will require state government assistance in terms of floor space index (FSI), to make it commercially viable and the Brihanmumbai Municipal Corporation and local civic bodies' cooperation in Mumbai metropolitan region (MMR) for a better traffic management plan outside stations.
To help their cause, some state governments have also eased archaic restrictions governing floor space index, for better space utilisation and ensure sufficient housing stock gets into the market.
The CBI had accused Chavan of approving additional floor space index for Adarsh Society in return for two flats for his relatives.
The hotels can use Floor Space Index (FSI) one by paying premium that will ease having one-storey structures.