Understanding Real Estate Companies in Delhi: A Complete Guide
The real estate sector is one of the most dynamic sectors in Delhi, with every square foot of space at a premium. Be it an investor, a homebuyer, or a developer, understanding the Floor Space Index (FSI) by which the real estate companies in Delhi make leverage of it can make a big difference in your property decisions. What is the Floor Space Index (FSI)? The Floor Space Index, also known as the Floor Area Ratio (FAR), is a critical factor in urban planning and real estate development. It determines the permissible construction area on a plot of land relative to its size. The formula for FSI is: FSI = Total Built-up Area / Total Plot Area For example, an FSI of 4 over a plot of 1,000 sq. meters means that a developer can create 4,000 sq. meters of floor area. The permissible FSI is dictated by local development authorities, which include the Delhi Development Authority or DDA in the case of Delhi. The applicable FSI varies across different land-use categories, types of zoning, ...