Noida Development Authority on Wednesday said private builders cannot increase floor area ratio (FAR) of any apartments of the city. The Authority clarified that the proposed FAR was for industrial and institutional units, and not for residential projects.
The decision has been taken in a meeting with home buyers, who had objected to increase in FAR. Additional Chief Executive Officer PK Aggarwal gave verbal assurance to buyers on Wednesday that the FAR in housing will not be increased. Authority would issue advertisements in this regard to clear the misgivings.
The decision is an outcome of home buyers’ strong protest against the Noida Authority. Revealing detail to The Pioneer, president of Unitech Unihomes Buyer Association and Founder of NCR Home Buyer Group Navneet Sarin said that Noida Authority has invited objection from public against the increased FAR on February 2 this year. Following which as many as 500 homebuyers from several sectors have registered their grievance with Noida Authority.
Noida Authority called them and convened a joint meeting at Noida Authority office. There were around 30 representatives of different housing apartments who were present during the meeting.
A home buyer, Alok Trivedi said private developers should not be given permission to increase FAR. He said that if a realtor is given permission for increasing FAR, he uses that extra space to erect buildings and sell it to other buyers. It always causes problems as they generally occupy the areas that were earmarked for common usages.
Sarin, who is lawyer by profession, said that the increasing of FAR in existing projects is not legal. If it is increased, it is against the norms of UP Apartment Act 2010 Section 4 (4). “ACEO PK Aggarwal assured home buyers that the advertisement (which NOIDA has issued in newspaper for FAR) does not apply to group housing society but the objections were sought from buyers. Home buyers have asked authority to issue a clarification advertisement in the same newspapers in which the previous one was given. Aggarwal has accepted the same,” he added.
After listening to their grievances, Agrawal has assured them that proposed increase of FAR is for industry units and it won’t be applicable for residential projects.
Resource: http://www.dailypioneer.com
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