Step 1: Understanding the Concept:
FAR is a critical urban planning metric used by local governments to regulate building density and population load on urban infrastructure.
Step 2: Key Formula or Approach:
The Floor Area Ratio is calculated as follows:
\[ \text{FAR} = \frac{\text{Total Floor Area of all floors}}{\text{Total Area of the Plot}} \]
Step 3: Detailed Explanation:
FAR limits how much built-up space you can have on a specific piece of land.
For example, if the FAR is 2.0 and your plot is 1000 sq. m., you can build a total of 2000 sq. m. across any number of floors allowed by height regulations.
Step 4: Final Answer:
FAR stands for Floor Area Ratio.