floor area ratio

(redirected from Floor space index)
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floor area ratio

The ratio of the total floor area of a building (excluding areas such as mechanical rooms or the areas of floors used exclusively for mechanical equipment) to the area of the lot on which the building is built.
References in periodicals archive ?
On Monday, Shinde told a judicial panel that the decision to allot government land and granting of additional floor space index was not taken by him when he was the chief minister but during the tenure of Deshmukh.
Tendulkar had recently sought extra Floor Space Index (FSI) from Mumbai's Urban Development Department to construct a private gym at his residence in Bandra, Mumbai.
They will also get an extra floor space index (FSI) of 2.
The list also includes former BMC commissioner Jairaj Phatak, who cleared the file to build extra floors, and suspended information commissioner By Krishna Kumar in Mumbai Ramanand Tiwari, who allotted extra floor space index and land to Adarsh when he was the urban development secretary.
Ramesh, who issued the order on Sunday, said the ministry had three options: removal of the entire structure since it is unauthorised; removal of that part of the structure in excess of the floor space index that might have been allowed had permission been sought; and recommending government takeover of the building for public use to be determined later.
The Ministry of Tourism has advised the State Governments/UT Administrations to follow tourism friendly policies like allotting land sites on revenue sharing basis, granting extra Floor Space Index (FSI)/Floor Area Ratio (FAR) for Hotels, Creation of Land Banks, Single Window approach for promoting Hotel Projects, Rationalization of Taxes etc.
Every locality has a certain floor space index ( FSI), which states the maximum construction allowed on a plot in a particular area.
Even though the construction industry is going through a slowdown in the city, the decision is expected to give a boost to public-private partnerships, since the government has increased the floor space index to four.
The government must relax the Floor Space Index ( FSI) norms so that there could be more vertical growth.
After all, if the builder can enjoy the advantage of getting a floor space index of four and five under the government policy, allowing him to build high-rises and sell the flats at a roaring profit, "we believe that tenants too should enjoy the right to a home with a hall, bedroom, kitchen and bathroom," Shah argued.
This land parcel of above 80-acre is possessed by Reliance Infrastructure, which enjoys a limitless Floor Space index (FSI) for the development of commercial, housing as well as hospitality projects.
With so many ' VIPs' being members of the housing society, not only was the project sanctioned quickly but extra efforts were taken to grant it additional floor space index ( FSI).