Premium FAR now open; GBA eyes Rs 2,000 crore annual revenueA maximum of additional 0.4 FAR can be obtained based on road width. 
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A representative image.
Credit: Special Arrangement
Bengaluru: The Greater Bengaluru Authority (GBA) has opened doors for landowners and builders to apply for premium Floor Area Ratio (FAR).
The development comes after the Karnataka High Court on Friday dismissed petitions challenging zoning regulations.
The GBA is eyeing Rs 2,000 crore annually from the premium FAR fee.
“The premium FAR helps better utilisation of high-value properties and will act as a new source of revenue for the corporations...,” said Tushar Girinath, Additional Chief Secretary, Urban Development.
A maximum of additional 0.4 FAR can be obtained based on road width.