It is important to familiarize yourself with basic real estate terms when you are entering into a property buying or selling experience. You’ll be dealing with a lot of information, trust me. FSI is one such term and we are going to talk about it here. I will cover what is FSI, how is FSI calculated and I will also give you an example to calculate FSI for building. So read on and don’t forget to leave a thumbs up :)
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FSI is Floor Space Index, also known as Floor Area Ratio. It is the maximum area which can be constructed on a piece of land. FSI is determined by the local municipal bodies. It is important to follow the guidelines and determine FSI in order to determine land capacity, safety, ventilation, adequacy of water supply, sewerage system, etc.
How to calculate FSI?The formula to calculate FSI is simple.
FSI = Total Built up area / area of plot
Let us understand this better with an example. Suppose you have a property where total built up area is 1500 sq ft and area of plot is 1000 sq ft. then FSI will be
FSI = 1500/1000
FSI = 1.5
The FSI according to this calculation is 1.5.
I hope now you know how is FSI calculated.
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How is FSI calculated?
Parvesh
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3 Year
2021-09-03T18:10:34+00:00 2021-09-03T18:14:14+00:00Comment
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