What is a Floor Space Index OR Floor Area Ratio (FAR) ?

 

Floor Space Index or Floor Area Ratio is the ratio of the combined gross floor area of all floors (excepting areas specifically exempted under regulations) to the total area of the plot. It varies from locality to locality depending on the surrounding infrastructure to support the development. Higher FSI or FAR tends to indicate more urban (dense) construction.

Real Estate Glossary by Zricks.com: View

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