Floor Area Ratio is a coefficient that indicates the ratio of the total building area that can be constructed on a plot to the plot's surface area. It is also referred to as the “floor area ratio value” and determines the building density.
How is Floor Area Ratio Calculated?
The floor area ratio is typically calculated using the formula Total Construction Area / Plot Area. For example, if 1000 m² of construction is permitted on a 500 m² plot, the floor area ratio is 2.
The Role of Floor Area Ratio in Zoning Plans
- It controls building density in urban planning.
- It affects the ratios of green spaces and social amenities.
- It imposes limitations on building height and number of floors.
Floor Area Ratio and Property Value
In areas with a high floor area ratio, property values are generally higher because there is greater potential for development and use.
Conclusion
Floor area ratio is a critical concept in zoning and urban planning. Paying attention to the floor area ratio when making real estate investments helps ensure the right decisions are made.
