What is the formula to calculate FAR?

The formula is FAR = Total Built-up Area divided by Total Plot Area.

What does FAR 2.0 mean?

FAR 2.0 means the total built-up area can be twice the plot area. For example, a plot of 1000 sq. ft can have up to 2000 sq. ft of construction.

What is the importance of FAR?

FAR determines construction limits, impacts property density, ensures legal compliance and influences property value and lifestyle quality.

Is a balcony included in FAR?

Yes, although it depends on local regulations. In many cases, certain balcony areas may be excluded or partially counted based on municipal rules.

What is a good FAR value for residential property?

A good FAR depends on preference. Lower FAR offers better lifestyle and open space, while higher FAR is beneficial for investment and density.

How does FAR affect property value?

Higher FAR increases development potential, while lower FAR enhances exclusivity, both influencing pricing and demand differently.

Can FAR change over time?

Yes, FAR can change due to government policy updates, infrastructure development or redevelopment plans, which can significantly impact property value and future potential.