Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

Assembly adopts Bill that provides for grant of additional floor area ratio by paying 40% of guidance value

The Legislative Assembly on Tuesday adopted the Karnataka Town and Country Planning (Amendment) Bill, 2024, which provides for availing of additional floor area ratio (FAR) by paying a rate not less than 40% of the guidance value. The Bill was passed without discussion amid dharna by the Opposition members.

Speaker U.T. Khader allowed the Bill to be taken up for consideration when the Opposition members were staging a dharna in the Well of the House demanding action against Ramanagara sub-inspector in connection with a lawyers’ protest there.

Piloting the Bill, Deputy Chief Minister D.K. Shivakumar explained that the maximum additional floor area ratio per premium floor area ratio that may be purchased for a permitted building under this section shall not exceed 60% of the normal permissible floor area ratio.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.