Of the many jargons that one would invariably come across in real estate transactions, are FAR and FSI (floor space index). The two terms, which stand for one and the same thing, confuse many … READ FULL STORY
Real estate developments in a city must adhere to several construction guidelines, including development control norms, to maintain uniformities in building constructions in a city. One way to achieve this is to set specific … READ FULL STORY
In India, floor space index (FSI) norms are put in place to regulate the height of buildings in cities. The same is true for Mumbai, India’s financial capital, where the FSI ranges between 2.5 … READ FULL STORY
In a housing society, the convenience shops are a boon. However, what may seem like a convenience for a large number of residents of the high-rise buildings, is more often bad business sense for … READ FULL STORY
The FSI (floor space index), also known as the FAR (floor area ratio), is a frequently used technical term in real estate, to determine the maximum amount of floor space erected on a given … READ FULL STORY
In the post-COVID-19 era, as the concept of cross ventilation, open spaces and wellness gains ground, balconies in apartments have once again become a focus area in urban real estate markets. While individuals from … READ FULL STORY
You might have come across the term ‘common areas’ every now and then. These are areas that are, as the name suggests, common to all and therefore, paid for by all the residents of … READ FULL STORY
Update on September 4, 2019: If media reports are to be believed, the government is planning to expand the scope of ‘affordable housing’ by including housing projects costing up to Rs 50-55 lakh in … READ FULL STORY
The Delhi Development Authority (DDA), on April 11, 2018, presented its budget for FY 2018-19, along with revised estimates for 2017-18, before the Authority, the DDA’s highest decision-making body, during a meeting held at … READ FULL STORY
The centre’s submission that the Master Plan of Delhi-2021, was the solution for issues related to unauthorised constructions in the national capital, on April 3, 2018, failed to impress the Supreme Court, which termed … READ FULL STORY
A Supreme Court bench of justices Madan B Lokur and Deepak Gupta, on February 9, 2018, asked the Delhi authorities whether any environmental impact assessment was conducted, before proposing amendments to the Delhi Master … READ FULL STORY
The DDA has proposed bringing uniform floor area ratio (FAR) for shop-cum-residence plots and complexes, at par with residential plots, in a move that will come as a big relief to traders facing threat … READ FULL STORY
Union housing and urban affairs minister Hardeep Singh Puri, on January 31, 2018, said that his ministry has proposed certain amendments to Delhi’s Master Plan 2021, which would be taken up by the Delhi … READ FULL STORY
