What is FAR?FAR stands for Floor Area Ratio. The floor area ratio is the principal bulk regulation controlling the size of buildings. Floor area ratio is the ratio of total building floor area to the area of the plot. For example, if a plot measures approx 15,450 sq.ft and the F.A.R permissible for that area is 2, then a maximum of 30,900 sq.ft of space will be permitted to construct in all floors of the building put together. Town Planning Schemes mandates different F.A.R values for different areas. The F.A.R value, when multiplied with the Plot area gives us the maximum floor area that can be constructed for a building in the plot. This is subject to satisfying other conditions such as Parking, setbacks, access width etc.A builder can plan for either a single-story building consuming the entire allowable area in one floor, or a multi-story building that rises higher above the plane of the land, but which must consequently result in a smaller footprint than would a single-story building of the same total floor area. By combining the horizontal and vertical limits into a single figure, some flexibility is permitted in building design, while achieving a hard limit on at least one measure of overall size. One advantage to fixing this parameter, as opposed to others such as height, width, or length, is that floor area correlates well with other considerations relevant to zoning regulation, such as total parking that would be required for an office building, total number of units that might be available for residential use, total load on municipal services, etc. The amounts of these things tend to be constant for a given total floor area, regardless of how that area is distributed horizontally and vertically. Various tools are used by for regulating or guiding the development of our urban areas. The primary objective of using such tools is the optimal utilization of precious land considering its use, reuse, misuse, disuse and abuse. Among various development regulations adopted, Floor Area Ratio is one of the most important one, which regulates the bulk of the built space.Higher the value, more will be floor area within the same plot, and higher the pressure on land for infrastructure. Carrying capacity and development priorities assigned by the plan to each locality are the major factors which decide F.A.R that can be permitted in an area. F.A.R values mainly determine the density or intensity of development of an area. Hence different F.A.R values are prescribed for different locations in development plans. In brief; the permissible F.A.R values are decided in relation to different inter-related aspects such as adequacy of water supply, sewerage system, solid waste disposal, road capacity, land availability, harmony with surrounding developments and other facilities, amenities and services. In other words, F.A.R is a very crucial regulation, which decides the intensity of development in an area and hence highest care is required in fixing its maximum allowable limit in different areas. It is high time for us to think about the Implications of F.A.R on the development of our developing cities like Pune. займ на карту без отказов круглосуточновзять кредит онлайн

Apparently FAR and FSI are same. If I have a plot of 5000 sq ft, and FSI is 1 I can contruct 5000 sq ft of built up area and same if FAR is 1. Please clarify.
Regards,
Abhijeet
The answer to the query is yes. FSI or Floor Space Index and FAR (Floor Area Ratio) mean one and the same. Thus with 1 FSI (or FAR) on a 5000 sq.ft. plot, you will be able to contruct 5000 sq.ft. of built up area.
Hope this helps.
vishal shah
More clarification in using the FAR or FSI is needed.Area of Staircase, other common areas like lobby, common open parking space, Pump House, Co-op Hsg Sty Office, Watchman Cabin, etc. are not counted in FAR area. List of all such places, which are not counted in calculation of FAR is needed in your article.
As you gave an example, for 500 sq meter plot, we cannot construct a 500 sq.ft ground floor structure, when FAR of 1 is allowed. There is some clearance around building, from the boundery of the plot for the building, in its construction on the plot. You will high light on the space clearence around the building in using its FAR to construct a building.