Pay more to build more floors: Premium FAR coming to mega cities in State

State introduces the ‘Mumbai-style FAR’ permitting additional floors than the approved floors by paying additional fee This enables one to construct additional floors or measurement than the earlier approved area.   Only new projects can make use of this scheme,the projects already completed and have obtained the OC not eligible

The State Urban Development Department has decided to implement the ‘Mumbai-style Floor Area Ration (FAR)’ in the major metropolitan cities of the State, permitting additional floors than the approved floors by paying additional fee. This applies to new projects that will be taken up fresh, reports Kannada Prabha.

The current rule dictates the total built up area based on the specific site measurement. The FAR is fixed based on the site and the road leading to the site. But now the Urban Development Department has come forward to offer premium FAR, which is additional to the existing FAR. This enables one to construct additional floors or measurement than the earlier approved area. The additional fee that has to be paid is the half of the original fee for FAR.

The department has reduced the present permissible FAR to almost negligible amount. However, the premium FAR will be about 50 to 100 per cent more than the present FAR. Only fresh new projects can make use of this scheme and the projects already completed or those that have obtained the Occupancy Certificates cannot apply for this.

The necessity for this modification arrived because several builders are already exceeding the limit with their construction. Hence it was decided to levy a fee and legally permit the builders to extend construction, said BBMP Planning Division additional director Raghu. The BBMP commissioner N Manjunath Prasad also said along with the original FAR permissible builders can pay additional Premium FAR fee and obtain permission, reports Kannada Prabha.

The FAR signifies that in any site, the construction is determined by the measurement of the site with respect to road. For example a 9 mm wide road having a site of 1,000 sqft can build a building with 1500 sqft. The new rules permits a building of 2000 sqft, by paying premium FAR. According to the provision of the new rule, it is permissible to build additional construction up to 1.7 per cent. A site with 2000 sqft can build up to 3400 sqft by paying an additional premium FAR  by paying Rs 40 lakh.