In Chennai, the Floor Space Index (FSI) determines the maximum floor area that can be built on a plot. The Tamil Nadu government has allowed an FSI of 2 for non-high-rise constructions. So for example, on a 1,000 sq. ft. plot with an FSI of 2, you can construct up to 2,000 sq. ft. of total floor area.
Areas near commercial zones or railway hubs might have higher FSIs but you better verify it. The higher the FSI, the better the investment potential will be due to increased construction and higher property value. A higher FSI means more built-up area and hence both rental income and demand increase for such properties, thereby increasing their value.
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What is the FSI in Vanagaram, Chennai?
Prema
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6 months
2024-12-27T10:49:51+00:00 2024-12-30T08:07:45+00:00Comment
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