Floor Area Ratio (FAR) definition
Examples of Floor Area Ratio (FAR) in a sentence
Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, Floor Area Ratio (FAR) and density norms and provisions prescribed by the State of Karnataka and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.
The Promoter intends to construct and develop the said Larger Property 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.
In the event of the Floor Area Ratio (FAR) being increased or made transferable, development rights or the equivalent being available in respect of or on the said land the same shall enure to the benefit of ITPL.
Based on the existing Floor Area Ratio (FAR) of 1.0, the Property is permitted to be developed up to a maximum of 255,806 square feet of total Floor Area, as defined in Chapter 114, of the City's Land Development Regulations.
The Allottee shall construct its facility on the Plot and maintain the open areas, green areas, ground coverage, Floor Area Ratio (FAR), Floor Space Index (FSI), in accordance with the applicable laws.