More Flats Soon As Ratio Up From 2.5 To 3
Noida is set to grow vertically, and if all goes to plan, get a greener and more resident-friendly look. The New Okhla Industrial Development Authority (Noida) has increased the floor-area ratio (FAR) — the ratio between total built-up area and area of land on which the building is constructed — from 2.5 to 3, meaning more apartments can come up on a given plot.
In a green stroke, the authority also increased FAR for environment-friendly buildings from the current 2.75 to 3.75. All decisions are part of the Master plan for 2031.
Both decisions, taken at the 169th board meeting of the authority on Tuesday, are expected to increase supply and help in containing real estate prices in Noida, which, in turn, will have a salutary impact on prices of residential units in NCR.
In a bid to fix the crisis for parking space, residents will now be allowed to leave space on the ground floor to construct proper garages. The limit will be of about eight metres and will be applicable to houses with minimum width of 150m. ‘‘The illegal parking on roads is a nuisance for residents. Allowing garages will solve the parking problem for the time being,’’ said an officer.
New Look, More Room
Environment-friendly
buildings get further boost, FAR up from 2.75 to 3.75
Parking set to get easy as residents allowed to build
garage on ground floor
All sectors can have nursing homes, provided buildings are more than 250m wide and road in front is at least 24m wide
New schools must reserve 65% seats for kids from Gautambudh Nagar, another 10% for kids from rural pockets
Building bylaws to be made uniform for Noida, Greater Noida and Yamuna areas
Sector 18 to get a skywalk between Metro station and nearby malls Nursing homes to be allowed in residential areas
Noida: The New Okhla Industrial Development Authority (Noida) has increased the floor-area ratio (FAR) from 2.5 to 3. The authority also increased FAR for environment-friendly buildings from the current 2.75 to 3.75. All decisions are part of the Masterplan for 2031. In another important decision, the authority has decided to allow nursing homes to come up even in residential areas. However, there is a caveat here. ‘‘Only those clinics which are more than 250m in width and have a 24m wide road in front will be allowed to function. The parking problem has to be taken care of by the proprietor. We took this decision after finding that people have to travel several kilometres to reach a nursing home now,’’ said the officer.
New schools coming up in Noida, meanwhile, will have to reserve 65% of their seats for residents of Gautambudh Nagar and another 10% for students from rural pockets whose parents are mostly into farming and whose land has been acquired for government projects in the past.
In a breather for shoppers, a skywalk connecting the Sector 18 metro station to the malls nearby has also been approved. ‘‘We have decided to construct a skywalk linking the Metro station with the shopping area around the Great India Place. Four companies, including one from the US, have shown interest in the project. We will appoint a consultant soon and work should begin in the next three months,’’ said the officer.
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