What Is Floor Area Ratio Used For

Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof.

What is floor area ratio used for.

Floor area ratio far. 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. It is often used as one of the regulations in city planning along with the building to land ratio. It is the ratio of a building s available square footage to the total area of the lot on which the building sits.

Far is expressed as a decimal number and is derived by dividing the total area of the building by the total. 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. The terms can also refer to limits imposed on such a ratio through zoning. Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.

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. Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use. This makes it important for everyone to be familiar with this term. In this article wealthhow tells you how to calculate floor area ratio and equips you with a calculator for the same purpose.

As a formula far gross floor area area of the plot. The floor area ratio far is a commonly used real estate metric. It is related to the zoning of a locality and how much space is allotted on a given plot. 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.

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. 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. Floor area ratio or far is a critical decisive element for the legal construction of any residential or non residential building. It is a tool used by the planning body of any city or town to identify densely constructed areas from the others.