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Are high rise cheaper than low rise?

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Are high rise cheaper than low rise?

Last updated: October 6 2013
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  • Are high rise cheaper than low rise?

    Most of the residential schemes in Ahmedabad had been of around 5 floors till now. Though nowadays schemes with more than 13 floors are being constructed because of higher FSI provision in city development plan of AUDA.

    Logically, flats in high rise should be cheaper than flats in low rise in same locality as more flats can be accommodated. But, I don't see substantial price difference between the two categories.

    Is my understanding correct or am I missing something?

    Thanks..
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