Guidelines for premium FSI
The premium FSI will now be permitted within Chennai Metropolitan Area and the guidelines for availing it have been approved by the State Government.
The premium FSI will be permitted in relation to the Road width parameters as shown in the table.
Premium FSI is the additional FSI permitted over and above the normally allowable FSI for a fee.
The additional benefit by way of premium FSI accrued to the developers is related to the proportionate land extent.
For example, in case, where normally permissible FSI is 1.5, for every one sq.m of additional floor area constructed availing premium FSI, proportional land required will be 0.66 sq.m.
In case where normally permissible FSI is 2.0 to 2.5 for every one sq.m of additional floor are constructed availing premium FSI, proportionate land required will be 0.5 to 0.4 sq.m respectively.
The amount to be paid for availing premium FSI will be equivalent to the cost of the proportionate land stated above as per the Guideline value of the Registration Department.
The premium FSI charge has to be remitted in full before getting planning permission.
The applicant should have absolute right over the property to make development in the plot. Retention of undivided share of land will be recognised for award of premium FSI.
The applicant at the time of filing planning permission application should state his or her willingness to avail the premium FSI and give an undertaking to pay the charges before getting the planning permission
Source: G.O. No 163. Dated 9/09/2009
Housing and Urban Development Department.
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