General Real Estate

FAR

Floor Area Ratio

The ratio that determines the maximum permissible total floor area relative to the plot area.

Detailed Explanation

Floor Area Ratio, commonly abbreviated as FAR, is a planning control that determines the relationship between the total permissible floor area of a building and the size of the plot, subject to applicable regulations.

In Plain Terms

FAR basically tells you how much construction you may be allowed to build compared with the size of your plot. A higher FAR can generally allow more total floor space.

FAR is a ratio rather than a measurement unit. Permissible FAR depends on applicable planning regulations.

Related Terms

This definition is provided for general informational purposes only and is not legal, financial or tax advice. Property rules and authority policies can change — verify current requirements with the relevant authority or a qualified professional.