The permitted construction density on a plot of land, or how much a developer can build on a piece of land, is determined by the FSI parameter in urban planning. Out of 138 projects that were launched in the city in H1 2023, 33 (or 24%) are high-rises (G+10 Floors or above), according to data from real estate consultant ANAROCK. This is a significant increase from 2019 when 27 or (51%) of the 53 projects launched were high-rises. In 2006, the andhra pradesh government introduced government Order 86 that scrapped the FSI policy for real estate buildings, thus promoting high-rises in Hyderabad.
However, unrestricted FSI also raises building costs, adding to the burden on developers and landowners, especially in a market that is experiencing a global slump. According to experts, this might have also discouraged developers who were prior to the pandemic riding their boom on limitless construction.
Building height has been restricted by a number of government orders, including GO 168 (in 2012), depending on the location or the road. For instance, developers who want to construct along the 100-feet road must abide by the building ordinances, said Samson Arthur, branch director for Knight Frank india in Hyderabad.
The minimum site area for every high-rise construction must be at least 2,000 square meters, according to GO 168. Additionally, it says that structures closer than 30 meters to main roads must have black-topped service roads with two lanes and a minimum width of 7 meters before they may be approved. Additionally, it places the developer's own costs associated with supplying such service roads on them.
Experts demand FSI to regulate real estate
For real estate to avoid floods and other infrastructure problems like those Bengaluru is currently experiencing, it is essential to analyze the carrying capacity of the land and implement a sustainable design, he noted. hyderabad municipal corporation-Latest Updates, Photos, Videos are a click away, CLICK NOW'>greater hyderabad municipal corporation representatives told Moneycontrol that while the administration had considered introducing some regulations, nothing had yet developed.