Karnataka’s 5.2 floor area ratio limit: Check how it could impact homebuyers
Karnataka’s real estate sector is witnessing a major development. In February, the Karnataka Industrial Areas Development Board (KIADB) raised the Floor Area Ratio in its industrial regions to 5.2, from a previous cap of 3.25.With this amendment, industrial plots along roads wider than 30 metres can reach a FAR of 5.2. Roads of 24–30 metres…