Haryana DTCP Hikes FAR Rates

26 Sep 2024 CW Team

The Department of Town and Country Planning (DTCP) in Haryana has announced a significant increase in the Floor Area Ratio (FAR) rates for large plots, imposing a 20% hike. This revision, effective immediately, aims to optimize land utilization and promote balanced urban development in the region. FAR, a critical parameter in urban planning, determines the maximum allowable floor area that can be constructed on a given plot of land. By raising the FAR rates, the Haryana government is encouraging more efficient use of land, particularly in urban and semi-urban areas.

The increase in FAR rates is expected to facilitate the development of larger residential and commercial projects, potentially leading to a boost in real estate activities. Developers and builders are likely to view this hike as an opportunity to enhance the viability of their projects while addressing the growing demand for housing and commercial spaces. The DTCP has emphasized that this move aligns with its broader objectives of sustainable urban development and efficient land management.

Stakeholders in the real estate sector are closely monitoring these changes, as they could have implications for project financing, development timelines, and overall market dynamics. While the hike may pose challenges for some developers in the short term, it is anticipated to foster long-term growth in the region's property market. As Haryana continues to expand its urban landscape, the government's proactive approach to adjusting FAR rates reflects its commitment to facilitating organized and planned urban development in the state.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..