Floor Space Index in Gujarat

Several cities in Gujarat are coming up as potential real estate destinations in the country. This includes cities such asAhmedabad, Surat and Vadodara. While the cities offer several apartments, there are also plots available for people ho ant to build their houses. As such, if you are a person ho ould li!e to build your o n house, you must be a are of the "oor space inde# $%S&' allo ed in these cities. (ere is a list of %S&s allo ed in these cities. Floor space index (FSI) %loor space inde# $%S&' is also called as "oor area ratio $%A)', "oor space ratio $%S)', site ratio and plot ratio. The %S& de*nes the ratio of the total covered area of the building to the total si+e of plot. %or e#ample, if the %S& is , and the total plot area is ,,--- s.. ft., then the ma#imum constructed area of the building must not be more than ,,--- s.. ft. An %S& does not have restrictions on ho many "oors a building must have. (ence, one can construct a building ith only one "oor spanning ,,--- s.. ft. or t o "oors ith /-- s.. ft. each. 0ublic amenities such as par!ing area, interior open space, ducts and basement e#clusively used for par!ing are usually not too! into account for computing %S&. %S& is decided by the city municipal corporation and varies across different cities. (ere are the %S&s across the three major real estate mar!ets in Gujarat. FSI in Ahmedabad Ahmedabad is currently the real estate hot1spot in Gujarat, follo ed by Surat and Vadodara. The %S& *#ed by the Ahmedabad 2rban 3evelopment Authority $A23A' in )14 +ones $city outs!irts' is ,.4 and in )1, +one, it is ,.5. 3evelopers are also allo ed to buy an additional -.6/ %S& for a premium. The last development plan $30' in 4-,7, proposed to increase the %S& in )14 +ones to ,.5, thus allo ing vertical gro th in outs!irts, as ell as increasing %S& in )1, +one to 4./. The state government too is planning to increase the %S& along the 8etro )ail, 9)TS corridors and the ,74 ft, )ing )oad. The %S& here is e#pected to be transferable. FSI in Surat and Vadodara The %S& in Surat is decided Authority $S23A'. The %S& here is Ahmedabad. The present %S& in the builders to buy an additional -.6/

by the Surat 2rban 3evelopment similar to the ones of )1, +one in city is ,.5 ith an option available for %S& by paying a premium. S23A has

proposed to increase the %S& to 7 in the areas adjoining the ring road. The proposal also includes a premium of 6- per cent on jantri rate $ready rec!oner rates'. Vadodara is an old city area. 2nli!e that in Ahmedabad and Surat, %S& in Vadodara too! a fall according to the development plan of 4-,4. Till the 4-,4 30, the %S& in Vadodara as 7, hich as reduced to 4 in the revised 30. Source: ;ommon%loor.com %or <atest 2pdates on )eal =state 2pdates, 0roperty >e s and ;ities &nfrastructure 3evelopments Visit: http:?? .common"oor.com?guide

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