The Calcutta Municipal Corporation will provide 10 per cent additional floor area ratio (FAR) to commercial establishments to enable them to create more built-up space, Firhad Hakim, the chairperson of the civic body’s board of administrators, said on Friday.
He told Metro the CMC had amended its rules to provide the benefit to all commercial establishments.
“We will give 10 per cent additional FAR to all commercial establishments. Earlier, we gave 10 per cent less FAR to commercial establishments compared with residential properties. Now, both residential and commercial properties will be given the same FAR.”
“The additional FAR will allow commercial establishments to construct more space. More space can employ more people. This is being done so that more employment is generated,” he added.
