Floor Area Ratio definition

Floor Area Ratio means the sum of the area of all floors of

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Floor Area Ratio. (FAR) means the square footage of the floor area of a

Floor Area Ratio. (FAR) means the ratio expressed in percentage between the total floor area of a building on all floors and the total area of the site;

Examples of Floor Area Ratio in a sentence

• If at any time prior to the execution of the Deed of Conveyance and handing over the respective premises to the PURCHASER as stipulated in this Agreement, the Floor Area Ratio presently applicable to the SAID PROPERTY is increased, such increase shall enure exclusively for the benefit of the VENDORS alone without any rebate to the PURCHASER.

• The Promoters intends to construct and develop the said Land as a Project for residential use and/or such other authorized use by optimum utilization of the Floor Area Ratio (FAR) together with the infrastructure and common areas and amenities thereof, in accordance with the applicable laws (after considering setback, ground coverage, green area, car parking etc.) as a complex.

• If at any time prior to the execution of the Deed of Sale/Conveyance in favour of the ALLOTTEE(S) or ENTITY as stipulated in this Agreement, the Floor Area Ratio presently applicable to the Said Property is increased, such increase shall ensure exclusively for the benefit of the PROMOTER alone without any rebate to the ALLOTTEE(S).

More Definitions of Floor Area Ratio

Floor Area Ratio. (FAR) means the square footage of the floor area of a building divided by the site square footage, excluding therefrom dedicated streets, sidewalks, parks, and open space. The floor area of a building is the sum of the gross area of each floor of the building, excluding mechanical space, cellar space, floor space in open balconies, enclosed parking and elevators or stair bulkheads. Multiplying the FAR by the area of the site produces the minimum amount of floor area required in a building on the lot. For example, on a 10,000 square-foot site in a district with a minimum FAR of 1.5, the floor area of a building must be at least 15,000 square feet.

Floor Area Ratio means the ratio or decimal resulting from dividing the floor area of all buildings by the total site area of the parcel of land on which the buildings are located;

Floor Area Ratio or “FAR” and “Floor Space Index” or “FSI” shall have the meaning as ascribed to it the relevant Applicable Laws;

Floor Area Ratio means the sum of the area of all floors of buildings or structures compared to the total area of land that is the subject of an application for development, including noncontiguous land, if authorized by municipal ordinance or by a planned development.

Floor Area Ratio and FAR” means floor area ratio as defined in Section 9.52.020.0880 of the Zoning Ordinance.

Floor Area Ratio means the ratio of the total floor area of a building or buildings on a parcel to the size of the parcel where the building or buildings are located.

Floor Area Ratio means a measure of development intensity