Karnataka has significantly boosted its Floor Area Ratio (FAR) for industrial zones, allowing developers to build taller structures. This move, particularly impactful for Bengaluru's booming real estate market, aims to increase housing supply and potentially ease soaring property prices. However, developers will incur premium fees, which might influence buyer costs.
Karnataka has significantly boosted its Floor Area Ratio (FAR) for industrial zones, allowing developers to build taller structures. This move, particularly impactful for Bengaluru's booming real estate market, aims to increase housing supply and potentially ease soaring property prices. However, developers will incur premium fees, which might influence buyer costs.
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