Floor Area Ratio (FAR) in Real Estate India is one of the key determinations for development. Its considered low in Indian Real Estate that poses a hurdle before construction activity and makes unaffordable housing. The norms of FAR needs to be reviewed and revised for the betterment and effective land use. The increase of FAR would certainly increase the availability of residential and commercial Property in India.
              There is a need of integrated urbanization plan in India Real Estate for the next 100 years, and accordingly open up enough space for development. The thoughts and prepositions are moving in for increasing the present available FAR in the Indian Real Estate market.
             Indian Real Estate needs to wake up on the FAR/ FSI norms, To compete globally we need to increase the present FAR/FSI of 1, 1.5 or maximum 3 to at least 10-25. Asian cities like Singapore, Bangkok, Malaysia, varies between 5 and 50 FAR/FSI. Even the Apple City of USA – Manhattan (New York) has the FAR/FSI of about 20.
              With more and more Urbanization and Real Estate India developments the population is moving from rural to urban for better city facilities. According to survey by TheLandSmiths.com by 2025, over 45% India’s 1.3 billion strong population would be living in town and cities. Higher FAR is desirable for developing new towns in the future of Indian Real Estate Industry.