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HSIIDC approves 10% increase in the Floor Area Ratio for industrial housing on plots

Updated: May 25, 2020 10:09:09am
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HSIIDC approves 10% increase in the Floor Area Ratio for industrial housing on plots

Chandigarh, May 25 (KNN) The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has approved a 10% increase in the Floor Area Ratio (FAR) for industrial housing on plots of one acre or more in the industrial estates developed by it.

The FAR is the ratio of a building’s total floor area to the size of the plot upon which it is built. It decides the amount of construction that can be carried out on a plot. Any increase in this limit allows for increased construction.

This rule is also applicable for the new policy for the allotment of housing units and dormitories for industrial workers on a leasehold basis, HSIIDC has said.

The decision was taken in a board meeting of HSIIDC under the chairmanship of Rajesh Khullar, principal secretary to the chief minister of Haryana, on Thursday.

Presently, the FAR allowed by HSIIDC at its plots is 1.25, which can be extended to 1.50 if the plot owner pays the charges for increase in the FAR.

The new directive by the HSIIDC allows for a 10% increase in the FAR, which means the industrialists will be able to build more housing on their plots for accommodating the workers. The draft policy shall be uploaded shortly on the official website of HSIIDC for inviting comments from allottees and stakeholders, the authority said.

Anurag Agarwal, Managing Director, HSIIDC, in a statement issued on Thursday evening said that this proposal has been considered in the view of post-Covid scenario, wherein in-situ housing of workers / labourers will be prioritised. This policy is beneficial, considering the increased requirement of ready-to-move-in premises as well as liquidity and time constraints of the industrialists to invest in labour housing.

“This will act as an incentive to retain workers and provide them with the facilities at a minimum cost. The HSIIDC has ready-to-move-in dwelling units and dormitories for industrial workers at IMT, Manesar as well as in Industrial Estate, Kundli”, he added.

At present, the majority of labourers working in the industrial areas of Gurugram and Manesar stays in Kasan, Khoh, Aliar, Baas Haria, Dundahera, Mollahera, Nathupur, Chakkarpur, Sirhaul and similar villages that have turned into large urban clusters, thereby increasing the rates of rental accommodation.

COMMENTS

  1. SHITIJ
    SHITIJ 30/09/2020 8:21 PM

    rate of availng increased FAR in udyog vihar 1000 meter plot in gurugram

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