Wikipedia Noida will be a much more lucrative area for real estate developers after the government moves to hike floor area ratio FAR along the Delhi Metro corridor. This will cover areas along the existing Delhi Metro as well as the areas in the vicinity of the upcoming extension of Metro line, thus, including major parts of Noida and Greater Noida. How can increased FAR help? [PUNIQGOOGLESNIPMIX-1
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A developer can construct only as much as the floor area ratio FAR norms defined for the geography allow. FAR is the ratio of a building's total floor area to the size of the land it is built upon. While it varies from one city to another and one zone of the area to another, you would hardly get to hear about FAR above 4 in India. In Noida, for example, the FAR is 2. However, in the recent times, authorities have been rolling out incentives to facilitate more quality constructions that would be safe to inhabit.
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It is also referred as the Floor Area Ratio FAR which is the ratio of the total area of a building to the area of the plot on which it is built. Thus, the index may vary from city to city.
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