FSI is a very common real estate term used very often to describe a property. FSI in Pune city refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Pune are determined by the government of the region and follows the National Building Code for the entire process. FSI is also commonly known as Floor Size Ratio or Floor Area Ratio as per the region of usage.
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Know More About What is FSI in Pune?
In Pune, the Floor space index is amended every few years and for property owners in Pune, it is absolutely necessary to stay up to date with the latest guidelines and new FSI rules in Pune. Floor Space Index Pune is a very important parameter for the government to keep a track of the development and redevelopment projects undergoing in the city. The government needs to track these details as any city has limited space. With such limited space and a growing population, the government keeps track of the FSI Pune value.
FSI Calculator Pune: How to Calculate Floor Space Index Pune?
If you are wondering how to calculate FSI in Pune, the floor space index value of different properties in Pune can be equal if the building size differs visually. Based on the new floor space index rules in Pune, it can be calculated as:
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Floor Space Index = Total area of the building floor/Gross Plot Area
Key outcomes:
- The ratio of square footage refers to the exact proportion of the entire useable surface area of a particular building in comparison to the total area of the land.
- A larger ratio would, in all likelihood, be indicative of a region that is heavily urbanised or has a dense population.
- The FSI would be significantly different for different types of structures, such as residential, industrial, agricultural, or commercial land, depending on the type of land.
The FSI of a place can differ significantly based on certain factors. Generally, the factors that are considered include parameters like construction exercises, population dynamics, growth models and the nature of the space. Even the type of land can significantly affect FSI value depending on whether it is a residential, agricultural, commercial or industrial plot. Even the type of land can significantly affect FSI value as well as premium FSI charges calculation, depending on whether it is a residential, agricultural, commercial or industrial plot.
The floor space index in Pune is considered to be one of the very crucial factors for the city’s development. A low barrier is a real estate limitation as it complicates the process of construction. The real estate industry wants a higher FSI for the lands so that direct benefits can be extended to the estate developer. This will result in the strengthening of the housing sector and more houses can be constructed in the same space, leading to higher sales. A higher FSI also equated to more demand in the area. Currently, the floor space index for redevelopment in Pune is 1.10.
Online FSI Calculator
FSI calculators have become valuable tools for individuals and real estate professionals alike. These calculators, available on various online platforms, offer a convenient way to estimate Floor Space Index for a given property. By inputting relevant details such as plot area, construction type, and location, users can quickly obtain an approximation of the FSI, aiding in informed decision-making during property transactions and development projects.
Read: FSI in Mumbai 2024: Calculate FSI in Mumbai Municipal Corporation
How Much FSI is Allowed in Pune?
The Pune government follows a transit-oriented development approach. This allows the Pune government to keep the maximum floor space index in the city at 4. The floor space index in Pune in 2022 is 1.10. The FSI score of the areas of Pune can be categorised as:
| Width of the road (in meters) | Minimum size of the plot (sq. m.) | Maximum FSI Permissible |
| 9 – 12 m | Below 1,000 | 2 |
| 12 – 18 m | Above 1,000 | 2.5 |
| 18 – 24 m | Above 2,000 | 3 |
| 24 – 30 m | Above 3,000 | 3.5 |
| 30 m & above | Above 4,000 | 4 |
Area-wise FSI in Pune 2023
Here is the floor space index in Pune for some of the top areas:
- FSI in Baner: 1.10
- FSI in Kotrud: 1.10
- FSI in Lohegaon: 1.10
- FSI in Wagholi: 1.10
- FSI in Hadapsar: 1.10
- FSI in Hinjewadi: 1.10
What is the Most Significant Benefit of the FSI?
The FSI may be regarded as a major real estate limitation but it has many benefits for a progressing city like Pune:
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- Managing the ratio between open space to developed space to an optimum level.
- Managing the city’s ecosystem and space.
- Measure a project’s stable development
- Managing the right balance between the supported, planned growth & development is very necessary
Ancillary FSI in Pune
Ancillary FSI, or ancillary area Floor Space Index, refers to an additional floor space allowance beyond the basic FSI (Floor Space Index) granted for a construction project. In the context of Pune, ancillary area FSI is allowed up to 60% of the proposed FSI in the development permission, with the possibility of an extension to 80% for non-residential use. This additional FSI incurs a premium payment, which varies based on the local authority or area.
The Ancillary FSI charges in Pune differs across regions, such as 15% for Pune and Thane Municipal Corporation, 10% for Nagpur, Nashik Municipal Corporation, and others.
Ancillary FSI is integrated into the overall FSI calculation, including permissible FSI, premium FSI, TDR, and additional FSI. The purpose of ancillary FSI is to provide flexibility for certain constructions, allowing for increased floor space beyond the basic limits, subject to premium payments and local regulations.
With so many developing areas, Pune has emerged as one of the most preferred cities to live in. FSI in Pune is the maximum permissible area allowed by the Municipal Corporation for development. Based on the guidelines set by the government, these parameters keep changing from time to time.
Therefore, navigating FSI nuances alone can be challenging. NoBroker, with its legal expertise, simplifies the complexities, ensuring a smooth journey through Pune’s real estate landscape. Consult NoBroker today to experience a hassle-free approach to all your property concerns.
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Frequently Asked Questions
Q1. How can I buy FSI in Pune?
Ans. Paid FSI in Pune is available with the Planning Authority. At present, Pune’s paid FSI charges are calculated depending on the ready reckoner rates of a plot. Based on the higher scope of work, the premium FSI rate in Pune is also charged. Paid FSI in Pune is almost equal to 50% value of ready reckoner of a land.
Q2. What is the FSI for redevelopment in Pune?
Ans. FSI for redevelopment in Pune is the same as regular FSI, i.e. 1.10
Q3. Are balconies and common spaces included in FSI?
Ans. No, FSI only considers the gross floor area and hence doesn’t include any balconies, exterior spaces, common areas and driveways.
Q4. What is meant by permissible FSI?
Ans. Permissible FSI refers to the maximum floor area that is officially permitted to bedeveloped. The permissible FSI varies for different properties based on the location.
Q5. What is FSI in Pune?
Ans. Currently, FSI in Pune is set at 1.10.
