Around 20 homebuyers met officials of the Noida authority on Wednesday to oppose a proposal to allow additional floor area ratio for buildings located on roads more than 18 metre wide.
The meeting was held after buyers submitted objections to the authority on the proposal.
Additional FAR will mean that a building owner can cover more area and construct a taller building. The move will increase population density in Noida, officials said. A section of homebuyers are opposing the plan because they think it will add to traffic chaos and put extra burden on the civic amenities such as water supply and drainage.
“We filed our objections with the Noida authority because if the FAR is increased, it will further delay realty projects. Our projects are already delayed by three years. And if realtors purchase land with more FAR, we will be in loss. We filed our objections after the authority published a notice 15 days ago regarding the increase in the FAR,” said Punit Parashar, who has booked a flat in Sector 107.
The authority, however, assured buyers that increase in FAR will not affect the housing projects.
“Additional chief executive officer of Noida authority Pramod Kumar Aggarwal assured us that the FAR will be increased for school, office and industrial buildings located along roads that have a width of 18 metres or more. But we have asked for a written assurance through a public notice,” said Parashar.
In January 2015, the Noida authority made changes in its building regulations-2010. As per the changes, the FAR for institutional projects like office building, schools, hospitals and colleges was increased to 2.5 from 2. Now the authority wants to increase the FAR further for buildings located along roads with width of 18 metres or more.
SC Gaur, chief architect and town planner at the Noida authority, said, “There will not be any traffic or parking problems because of the additional purchasable FAR because we will allow it on a case to case basis. We will allow additional FAR only if there are parks, green belts or another road parallel to the 18-metre- wide road.”