Dated: 25th February 2014
Homes in Delhi are all set to get bigger, and more affordable with DDA proposing a hike in the FAR on plots which are bigger than 750 sq meter. This will ensure that people who have got plots of this size can build floors, flats with a larger size. At present, only nine residential flats of 1,400 sqft are permitted on a 1000 sqm plot but the size will increase to more 2100 sq feet once this proposal is incorporated into the master plan.
Welcoming the move, Ramesh Menon, Director, Certes Realty, says that this proposal will go a great way in unshackling the real estate sector in Delhi which has been bound by archaic rules, and building laws. “There is need to increase FAR, and allow construction activity in areas which are already saturated so that better, and affordable housing options are made available to the large population in Delhi”, he adds. At present the Master plan allows 150 FAR on plots between 750 to 1000 sq meter which is expected to be raised to 200. However the number of residential units allowed in this area would remain 9.
On plots between 1000 to 3750 sqm, the FAR is likely to increase from 120 to 200. Coverage of plints will also be raised from from 40 pc to 50 pc. This move will benefit residents of Lajpat Nagar, Vasant Vihar, New Friends Colony, Nizamuddin, Jangpura, Defence Colony, Dariaganj, Paharganj, Karol Bagh, Shakti Nagar, Roop Nagar and several other localities. Suggestions have been sought from people relating to the proposed changes in the Master Plan within 45 days after which a final decision will be taken,, and notification sent to Union Urban Development Ministry.
These amendments will allow the owners to rebuild their flats.