Noida Authority Proposes Hike in FAR for Industrial Estates and Townships

Introduction

The Noida Authority has proposed changes to the Noida Building Regulations and the Master Plan 2031. It has increased the Floor Area Ratio (FAR) across various categories of plots. The proposed changes aim to accommodate the growing population and demand for commercial and residential spaces in Noida. This move is expected to boost real estate development and infrastructure growth in the city.

Table of Contents

• Increased FAR to Accommodate Real Estate Growth
• Why the Hike in FAR (Floor Area Ratio)?
• Breakdown of FAR Increase in Noida Authority Proposes
• Land Use for Large Industrial Plots
  • Industrial Plots
  • Specific Industrial Sectors
  • Flat Factories and IT Plots
• Frequently Asked Questions

By allowing for higher FAR, developers will be able to construct taller buildings and utilize space more efficiently. Ultimately increasing the availability of housing and commercial units in Noida. The increased FAR will likely attract more investment in the real estate sector. Further stimulating economic growth in the region. The Noida real estate boom is residential and commercial.

By allowing for higher FAR, developers will be able to construct taller buildings and utilize space more efficiently. This can lead to increased population density in urban areas and potentially alleviate housing shortages. Buildings can offer more amenities and services to residents within a smaller footprint. Moreover, increased population density can help support local businesses and public transportation infrastructure. Higher FAR can contribute to a more sustainable and vibrant urban environment.

Increased FAR to Accommodate Real Estate Growth

FAR is increased in line with the growth of real estate in towns or cities. The maximum FAR increases from two to 2 to 2.5. A FAR of 1.5 is proposed for industrial plots located on roads with a width of at least 24 meters. This proposal is part of the Noida Master Plan 2031. This aims to address the growing urban population by encouraging vertical expansion.

The increase in FAR allows for more efficient land use and higher-density development. The crucial in rapidly growing urban areas. By promoting vertical expansion, the Noida Master Plan 2031 seeks to accommodate the increasing population while minimizing urban sprawl. This approach also helps in creating sustainable and compact urban areas that are well-connected and easily accessible. It promotes mixed land use development. Which can lead to vibrant and diverse communities within the city.

Why the Hike in FAR (Floor Area Ratio)?

The hike in FAR (Floor Area Ratio) may be due to increased demand for real estate in the area. Leading to a need for more space-efficient development. Additionally, local government regulations or zoning changes have been influenced. The decision to increase FAR to accommodate growth and development in the area.

It will also be a strategic move to encourage vertical construction and reduce urban sprawl. Promoting sustainable and efficient land use. The increase in FAR reflects the dynamic nature of urban planning and development. It is a response to various economic and environmental factors. Most of the IT sectors buy the plots for FAR. Noida Authority’s proposal to increase FAR for industrial estates and townships is a strategic decision targeting several key objectives:

• Boosting economic growth: By allowing more built-up areas, the authority hopes to attract more businesses and industries to the area and encourage economic development.
• Enhancing employment opportunities: Growth in industrial space leads to job creation. They provide employment opportunities to local people.
• Promoting urbanization: A high FAR facilitates the development of multi-story buildings in townships. Promoting urban living and sustainable development.

Breakdown of FAR Increase in Noida Authority Proposes

FAR is a key metric that determines the permissible built-up area relative to plot size. Proposed changes include increasing FAR limits for various plot types. This increase in FAR will allow for greater density and vertical growth in Noida. Potentially leading to more efficient land use and increased development opportunities. It is expected to attract more investment and boost real estate development in the region.

Changes in New Industrial Zones (Sections 145, 162-166)

• The authority has proposed a normal FAR of 2.5 with an affordable FAR of 1.
• These new sectors will not have height restrictions, allowing more scope for large-scale projects and development.

Land Use for Large Industrial Plots

As per the proposed amendments, mixed land use will be allowed in large industrial plots with an area of ​​at least 25 acres. Under the plots are the industrial plots and specific industrial sectors.

Industrial Plots

For industrial plots exceeding 25 acres, as per the mixed-use model is proposed. Industrial activity remains the primary function and occupies at least 75 percent of the FAR. The rest of the FAR is used for complementary uses such as commercial, residential, or recreational facilities.

This mixed-use approach increases the efficiency of large industrial plots. Improves overall land use efficiency. By including additional amenities such as retail spaces or residential areas. The industrial area becomes a more attractive destination for workers and visitors. It can also create a more vibrant and sustainable community around an industrial area.

Specific Industrial Sectors

In new industrial sectors along the Noida-Greater Noida Expressway, the FAR is set to increase from 2.5 to 3.5. This increase in FAR will allow for greater vertical construction and use of space. It is more attractive for businesses looking to set up operations in these sectors. The higher FAR will also lead to increased real estate development and infrastructure growth in the area. It has used more places, and it was more purchases of the FAR of the proposed.

Flat Factories and IT Plots

Generally, 1.5 purchase the industry plot. They can use more places, and it was height 1.4. FAR will be raised to one from 0.6, with no height restrictions. IT sector plots on the roads less than 24 meters wide. They will have a purchasable FAR of 0.5 with no restriction on height.

This allows for more flexibility in construction and development for IT sector plots compared to the industry plots. The increased FAR and lack of height restrictions offer opportunities. For innovative and efficient use of space in these areas. The Noida authority process has decided to keep the existing regulations unchanged for IT plots. They are situated on roads wider than 24 meters.

This decision was made to maintain consistency and stability in the IT sector in Noida. The authority aims to attract more businesses and investors by providing. A predictable regulatory environment for IT plots on wider roads. By keeping the regulations unchanged, the Noida authority hopes to encourage growth and development in the IT sector. This decision will also help in fostering a sense of security and confidence among potential investors.

Conclusion

The proposed hike in FAR (floor area ratio) aims to promote industrial growth and development in Noida by allowing for increased construction. They expand within industrial estates and townships. This move is expected to attract more businesses and investments. FAR is boosting the local economy and creating more job opportunities for residents. For more information, visit openplot.

Frequently Asked Questions