Noida has Expanded - Cheaper Accomodation? - Page 4 - Indian Real Estate Forum

Mikhail · 03-09-10

Someone said "Builder Integrity"

I am pretty sure that the builders themselves must have fed the babus in Noida Authority so that FAR could be increased.

champ84 · 03-09-10

Any Clarity on how much FAR is increased?

zestynasha · 03-09-10

for green buildings it has been increased to 3.75 and for normal ones to 3..

ThePlatinum · 03-09-10

Good one :d

Quote:

Originally Posted by mikhail

someone said "builder integrity"

I am pretty sure that the builders themselves must have fed the babus in noida authority so that far could be increased.

alokgarg · 03-09-10

i think following article is pretty clear http://www.indianexpress.com/news/no...arking/676579/ . FAR for green buildings has increased 1 % . in percentage terms old FAR was 275 %(not 2.75 , its a ratio). so new FAR will be 276%.

luckysir · 03-09-10

Unfortunately FAR is increased more for green bldings. means more no. of flats /acre in green blds. Whats the point of having congested green bldings ?
Buts its correct FAR increased from 2.75 to 3.75....Bldrs have already started discussions on how they are going to make use of this ruling..by raising tower height or adding more towers.....
Dont expect any price reduction in those projects which are already 50%++ sold. But any new launch now onwards, can keep this factor in mind while pricing the product.

Kaeru · 04-09-10

Quote:

Originally Posted by luckysir

Unfortunately FAR is increased more for green bldings. means more no. of flats /acre in green blds. Whats the point of having congested green bldings ?
Buts its correct FAR increased from 2.75 to 3.75....Bldrs have already started discussions on how they are going to make use of this ruling..by raising tower height or adding more towers.....
Dont expect any price reduction in those projects which are already 50%++ sold. But any new launch now onwards, can keep this factor in mind while pricing the product.

Were you party to the discussions with the builders? Otherwise you know........how?

alokgarg · 04-09-10

looks like he might be correct http://www.business-standard.com/ind...r-rise/406981/ . we should still confirm it from source(NA) though.

Quote:

Originally Posted by Kaeru

Were you party to the discussions with the builders? Otherwise you know........how?

luckysir · 04-09-10

Quote:

Originally Posted by Kaeru

Were you party to the discussions with the builders? Otherwise you know........how?

This is the difference between invester and user ...

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03-09-10	#31
Mikhail Member Join Date: Mar 2010 Posts: 258 My Mood: Thanks: 16 Thanked 16 Times in 10 Posts	Someone said "Builder Integrity" I am pretty sure that the builders themselves must have fed the babus in Noida Authority so that FAR could be increased.

03-09-10	#32
champ84 New Member Join Date: Aug 2010 Posts: 6 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Any Clarity on how much FAR is increased?

03-09-10	#33
zestynasha New Member Join Date: Aug 2010 Posts: 34 Thanks: 0 Thanked 0 Times in 0 Posts	for green buildings it has been increased to 3.75 and for normal ones to 3..

03-09-10	#35
alokgarg BANNED Join Date: Aug 2010 Posts: 1,451 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	i think following article is pretty clear http://www.indianexpress.com/news/no...arking/676579/ . FAR for green buildings has increased 1 % . in percentage terms old FAR was 275 %(not 2.75 , its a ratio). so new FAR will be 276%.

03-09-10	#36
luckysir Member Join Date: Jun 2010 Posts: 150 Thanks: 0 Thanked 1 Time in 1 Post	Unfortunately FAR is increased more for green bldings. means more no. of flats /acre in green blds. Whats the point of having congested green bldings ? Buts its correct FAR increased from 2.75 to 3.75....Bldrs have already started discussions on how they are going to make use of this ruling..by raising tower height or adding more towers..... Dont expect any price reduction in those projects which are already 50%++ sold. But any new launch now onwards, can keep this factor in mind while pricing the product.