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

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..