Harayana state government likely to increase FAR to 500

Harayana state government likely to increase FAR to 500
25/09/2017 , by , in News/Views

The Harayana state government is likely to increase the floor area ratio (FAR) to 500 from exiting 250 for the IT sector, providing a much-needed impetus to the industry.

According to officials, real estate costs in Gurgaon are very high, which often acts as a deterrent for the sector. Hence, the government is working on increasing the floor area ratio (FAR) as part of the new IT and ITES policy launched recently.

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