FLoor Space Index( FSI ) / Floor Area Ratio ( FAR ) IN MAHARASHTRA

Floor Space Index( FSI) or Floor Area Ratio (FAR)

FSI is the ratio between  the total built-up area and  the size of plot. It can be expressed in % or number. In MIDC Maharashtra it is called as FSI and expressed in number. i.e. 1.0 is termed as 100% = Size of the plot For  MIDC Leasehold land, the Permissible FSI & additional FSI depends on the type of Land and its usage i.e. Industrial, Commercial, IT / ITES etc. In other words FSI for Industries in Maharashtra differs from Commercial activity.

 FSI for Industries in Maharashtra

Permissible FSI is 1.0 in Developed Areas &  1.5 in proposed developed, redeveloped or partially developed in terms of infrastructure less than 50% of the Notified area. Addition FSI up to 0.5 can be purchased from MIDC by paying a premium amount @ 25 % of prevailing ready reckoned rate. (Required FSI  X  25% of MIDC Industrial Rate). Please refer MIDC Circular No A65142 dated 10 March 2014 for more details.

FSI Available to  IT/ITES

Permissible FSI is 1.0.  Additional FSI up to 2 (0.5 from MIDC and 1.5 from Urban Development Department) can be purchased by paying a premium amount @ 30 % of the prevailing ready reckoned rate.  (Required FSI X 30% of MIDC Industrial Rate). Please refer IT & ITES Policy- 2015 of Maharashtra and MIDC circular No. 1366599 dated 21 October 2015.

FSI Available to Hotels

Hotels fall under Commercial activity. Permissible FSI for a hotel on MIDC Plot  is 1.0. Addition FSI up to 1.0 can be purchased from MIDC by paying 40 % premium of the prevailing ready reckon rate for 2 to 4 Starred and 50% premium of the prevailing ready reckon rate for 5 Starred category hotels.  Please refer MIDC Circular No. A84481 dated 21 March 2016 and 303256 dated 06 April 2016 for more details.

FSI Available to Residential

Permissible FSI for a residential on MIDC Plot is 1.0. Addition FSI up to 0.5 can be purchased by paying 30 % premium of the prevailing ready reckoner rate.  Please refer MIDC Circular No. B66599 dated 21 October 2015 and A84481 dated 21 March 2016 respectively for more details.

FSI Available to Educational Institute

Permissible FSI for educational institute on MIDC Plot is 1.0. Addition FSI up to 1.0 can be purchased by paying premium of  20 % for Primary and Secondary School, 30% for College & Educational Institutions & 10% for Special Educational Institution for physically handicapped / Mentally ill of the prevailing ready reckoner rate.  Please refer MIDC Circular No. A84481 & 303256 dated 21 March 2016 & 06 April 2016 respectively for more details.

FSI Available to Medical  Institution

Permissible FSI for a residential on MIDC Plot is 1.0. Additional FSI up to 1.0 can be purchased by paying premium of 30 % for registered Public Medical Trust and 40% for Private Medical Institutions of the prevailing ready reckoner rate.  Please refer MIDC Circular No. A84481 dated 21 March 2016 and 303256 dated 06 April 2016 respectively for more details.

Ground Coverage and Height of the Building

The MIDC normally allows maximum 50% of the ground utilization on its plot. There is also restriction on the height of the Building. The height exceeding 5 Mtrs would consume additional FSI. For details please read DC rules.

However, Data Centres and Pharma Industries required minimum floor height requirement is more than 5 Mtrs. hence Floor height more than 5 Mtrs. is allowed without counting extra height area in FSI and without charging of premium. Please refer MIDC Circular No. D58870 dated 16 October 2017 for more details.

Higher Transfer Charges of MIDC Plots if minimum  FSI not consumed by the Plot Holders

Due to unavoidable reasons, if the plot holder of MIDC plot is not able to carry out its activity and wants to transfer the lease hold rights of the same to any third party, the plot holder is required to pay the transfer charges of 10% or 30% of differential premium depending upon the utilisation of FSI.  To know the salient features of transfer guide lines on transfer charges please Click here

ASCC Analysis

The MIDC FSI policy offers significant opportunities for growth and development across various sectors. However, it introduces financial considerations for businesses, with premiums for additional FSI influencing the affordability and feasibility of expansion. While it promotes efficient land use, careful planning is required to balance costs and development potential, especially when transferring leasehold rights or expanding vertically.

FSI Articles

We recommend you to go through following blogs written by ASCC to get the holistic view on FSI of Industrial Plot.

About Us

We are a well-established industrial broking company operating across India, offering a comprehensive one-stop solution for all industrial consultancy services. With in-depth knowledge of industrial policies and regulations, we have successfully closed over 550 industrial transactions. Our expertise has earned us the trust of more than 50 large multinational corporations, including 22 Fortune 500 companies. We pride ourselves on providing clear and marketable titles, ensuring time-bound and hassle-free transactions. Additionally, our dedicated legal and liaison teams work meticulously to support each transaction, guaranteeing smooth and efficient processes for our clients. We also assist in getting the Industrial Permits and Licenses which are required to run any industry.

Contact Us

Ascent Supply Chain Consultants Private Limited (ASCC),
406 Raheja Arcade, Sector-11, CBD Belapur,
Navi Mumbai – 400614, MH – India.
Tel: 022-4897-4888
Email: info@ascc.in

Disclaimer

Our company has neither been appointed nor authorised by MIDC to make this blog. However, we have done in-depth study of various MIDC circulars and provided information on this blog in the public interest especially for the people holding MIDC Plots. While every effort has been made to ensure the accuracy of the information provided by us but we still advice you to kindly go through the relevant MIDC Circulars or seek professional guidance before taking any decision. The information provided on this blog should not be construed as legal advice or a substitute for professional consultation.