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Overview
FAR calculation for building projects is the ratio of gross floor area of the building to the total size of the land on which it is constructed. It is also called the Floor Space Ratio. It is calculated by the municipal corporations to control the height of the buildings. The factors which govern FAR of an area include availability of open space, density of the population, resiliency to a natural calamity, and the impact of the project on the environment.
What is the Role of Floor Area Ratio in Residential Buildings?
The floor area ratio importance in construction can be gauged from the fact that it plays an important role in the construction of residential buildings. It differs from one region to another, as it is calculated by respective municipal corporations. However, it does not go beyond 2.5. The lower FAR means less density, more open spaces, and spaced out towers which are not very tall, whereas a higher FAR means tall towers, congested spaces, and not so better living conditions. A lower FAR will give aesthetically pleasing deign of a residential project. If FAR is lower, the value of the building will be more.What Factors Impact the Floor Area Ratio?
Floor area ratio is calculated by the Municipal Corporation of the respective zone and it is variable from one region to another. It is impacted by geographical constraints and city regulations. The factors that impact the FAR include location, building type, property size, and availability of amenities. Old areas of the city have different FAR in comparison to developing and upcoming areas. The city can modify the FAR value, depending on development requirements and land value. Some constraints, such as lifts, driveways, porches, and service areas can impact the FAR.The Advantages of Floor Area Ratio
• Floor area ratio plays an important role in urban planning and development. It keeps ,illegal construction under check in accordance with the municipal FAR rules and guidelines.• FAR in residential and commercial buildings plays a key role in the planned growth and development of a city. It ensures that the construction activities are controlled by the concerned authorities, depending on the location, population density, and various other parameters.
What are the Consequences of FAR If It is Violated?
•The impacts of FAR violations on property include the following:• Floor area ratio is to be adhered to stringently. If it is violated, it can have serious consequences for both homebuyer and developer.
• Applying for loans to buy such a project will have serious consequences on the credit worthiness of homebuyers.
• Violation of the FAR can impact the reputation of a web developer. It also impacts the safety of the building.
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