September 26, 2020

DTCP allows extra construction in stilt parking areas in Gurugram

GURUGRAM: The department of town and country planning (DTCP) has finally decided to allow construction in stilt parking areas. It was a long-pending demand of real estate developers. But this permission has two conditions — the additional construction will be included in the floor area ratio and that parking norms needs to be fulfilled. The developers were demanding permissions for building guard rooms and toilets in stilt parking areas for so long. This additional construction in common areas is to be excluded from the FAR, as they get less space to construct flats.

FAR is the ratio of a total floor area of the building (gross floor area) to the size of the piece of land on which it is built. The planning department had increased the FAR of plots measuring 300 square yards to 264 last year. FAR was 240 for bigger plots. This move followed a demand from the association of developers and plot owners.

District town planner RS Batth said that the state government has approved the long-pending demand of developers, in the absence of which there have been several violations in the past. “The government has invited objections and suggestions from the public. Based on the response, it will be taken up by the department.”

“It is a great move by the department as it has allowed construction in 20 sq metre area in stilt, but it should be free from FAR, because it is part of amenities” said Ramesh Singla, president of Gurgaon Home Developers and Plot Owners’ Association,

Only stilt parking and basements are excluded from the calculation of FAR, currently. We are demanding that lifts and staircases are also excluded as these, too, are in common areas,” he said.

Singla added that in the past many buildings were sealed, where the property owners had carried out construction in the stilt parking area. “This move will offer the much-needed relief to developers and property owners, who have long been facing difficulty in arranging accommodations for guards and attendants on the premises.”

Batth said that the structures, constructed as per old norms, can apply to the department now. “We may permit additional construction after reviewing the structure and issue a fresh occupation certificate,” he added.

Best Locations in Bangalore to Buy Property in 2025

Bangalore is emerging as a  prime real estate market where new areas come up as lucrative target investment options. The analysis basically deals with the most promising segments for property investment in 2025, along with the factors of infrastructure, appreciation, and lifestyle amenities. Very high promise is given to Bangalore, especially Devanahalli and Yelahanka, thanks to developments at the aerospace park and the international airport coming up. The future projects of infrastructure

Karnataka Kickstarts SWIFT City: New Industrial Space

The state of Karnataka has embarked on a journey of developing SWIFT City (for Startups, Workspaces, Innovation, Finance, and Technology) on Sarjapur, Bengaluru. It is the third major general planned industrial hub for the state after the successful setting up of Electronic city and ITPL in Whitefield.   Project Infrastructure The envisaged SWIFT city would spread over more than 1,000 acres and house about 8-10 such facilities with plug-and-play infrastructure. Eac

Top Builders in Bangalore: List of Real Estate Developers

Bangalore, also known as the “Silicon Valley of India,” is a vibrant and diverse city that attracts people of diverse demographic characteristics. As the hub for IT business, with superior infrastructure and a cosmopolitan standard of living, this city has also become the epicentre for real estate investments. Whether it is high-end apartments or affordable houses, the requirement for residential properties is rising continuously. Therefore several leading real estate developers have been