The floor area ratio also known as the floor space ratio fsr or the floor space index fsi depicts the relationship between the total usable floor space in a building and the total area of the plot on which the building is constructed.
What is floor area ratio used for.
This makes it important for everyone to be familiar with this term.
The floor area ratio far is the ratio of a building s gross floor area to the total area of the land upon which it is constructed.
It is a tool used by the planning body of any city or town to identify densely constructed areas from the others.
The floor area ratio far is a commonly used real estate metric.
Floor area ratio far is the measurement of a building s floor area in relation to the size of the lot parcel that the building is located on.
The terms can also refer to limits imposed on such a ratio through zoning.
Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use.
In this article wealthhow tells you how to calculate floor area ratio and equips you with a calculator for the same purpose.
It is often used as one of the regulations in city planning along with the building to land ratio.
The floor area ratio is the relationship between the total amount of usable floor area that a building has or has been permitted to have and the total area of the lot on which the building stands.
Download original report pdf grant of power for the purpose of promoting health safety morals or the general welfare of the community the legislative body of every municipality is hereby empowered to regulate and restrict the height number of stories and size of buildings and other structures the percentage of lot that may be occupied the size of yards courts and.
Sometimes referred to as the floor space index fsi the far helps developers and commercial real estate owners determine if a property is economically viable.
Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.
It is the ratio of a building s available square footage to the total area of the lot on which the building sits.
Floor area ratio far is the ratio of a building s total floor area gross floor area to the size of the piece of land upon which it is built.
Floor area ratio far.
The floor area of a building is the sum of the gross area of each floor of the building excluding mechanical space cellar space floor space in open balconies elevators or stair bulkheads and in most zoning districts floor space used for accessory parking that is located less than 23 feet above curb level.
Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof.
Floor area ratio far or floor space index fsi are the two terms that are used intermittently in real estate and is the common factor to determine the development of a country.
As a formula far gross floor area area of the plot.
