Monday, January 21, 2008

Floor Area Ratio: A crucial aspect of real estate

The issue of Floor Area Ratio (FAR) in the real estate sector has always been a contentious one. FAR is one of the key determinants for development in the country. FAR in India is low and is considered a hurdle to construction activities. While the industry has been demanding an increase in FAR, the question is whether an increase makes sense without improving the overall infrastructure in the country.

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