Essentially, the plot ratio is the total gross floor area of the building, divided by the size of the area on which that building has been built. For a simplified example, that means if there’s a plot ratio of 1:10, a 1,000 sq ft plot could be developed into 10,000 sq ft of floor space.
How do you calculate plot ratio?
For example, if a developer is determining the potential value of a piece of land with a GPR of 2.8 and a land size of 100,000 square feet. The GFA is simply 2.8 * 100,000 = 280,000 gross floor area. So the higher the number, the more units that can be built on that piece of land.
What plot ratio means?
Plot ratio is the ratio of the total floor area of a building to the area of the site. For example a plot ratio of 1.0 means that the floor area is equal to the site area. Some areas of the building are excluded from the calculation of plot ratio including lift shafts, machinery rooms and bin storage areas.
Can plot ratio be increased?
Plot Ratio and space efficiency
A plot ratio increase is very likely to turn some developers’ heads in your direction. This is because it means that the land-use can be intensified, allowing the developer to build more on the land (which will, in turn, mean more profits for them).
What is the ideal plot ratio?
A 1:10 plot ratio would enable the construction of 200 units of 1,000 sq ft condo units (gross floor area of 200,000 sq ft) whereas a 1:5 plot ratio would make it possible for only 100 units.
How is storey height calculated?
The height of each storey is based on the ceiling height of the rooms plus the thickness of the floors between each pane. Generally this is around 14 feet (4.3 m) total; however, it varies widely from just under this figure to well over it.
How is website coverage calculated?
Calculate the maximum site coverage in square metres using the following formula (Site coverage percentage x actual allotment area = maximum site coverage in m2 ). Existing allotment contains a dwelling of 250m2 and outbuilding of 24m2 .
Is higher plot ratio better?
The plot ratio determines the maximum gross floor area (GFA) of any development on that land parcel. That’s why plot ratios can be a useful indication of potential developments in an area. … This is basically the plot ratio of the parcel of land. The larger the number’s value, the more intensively the land can be used.
What is baseline URA?
The value of the proposed development which received planning permission from URA. Development Baseline. The value of the approved development based on the approved use and intensity of the site. It also considers whether a development charge was previously paid, exempted, cancelled or not required.
What is Bala table?
SLA’s Leasehold Table (or Bala’s Table) compares values across different tenures and land valuation. It also computes the differential premium for change of use or increase in intensity, and land premium for upgrading of lease tenure.
How do you calculate land?
Hectares, acres, square meters, and square yards (Gaj) are some of the common land measurement units used across India.
List of some of the common land measurement units:
|Unit of Area||Conversion Unit|
|1 Acre||4840 sq yd or 100.04 cents (standard unit to measure land)|
|1 Hectare||10000 sq m or 2.49 acres approximately|