Floor Area ratio definition clarifies computation as total built-up plinth area divided by plot area for tax applicability. For income tax purposes, Floor Area ratio is defined as the quotient obtained by dividing the total covered area or plinth area on all floors by the area ... Summary
Floor Area ratio definition clarifies computation as total built-up plinth area divided by plot area for tax applicability.
For income tax purposes, Floor Area ratio is defined as the quotient obtained by dividing the total covered area or plinth area on all floors by the area of the plot of land, prescribing the mathematical method for computing the ratio by reference to aggregate covered or plinth area across all storeys and the plot area.
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