FSI (Floor Space Index) - Calculation, Formula, Concept with Example (Hindi) - YouTube

Channel: Asset Yogi

[0]
Subscribe to the Asset Yogi channel and press the bell icon
[4]
to be the first to watch our latest finance videos
[11]
Namaskar, my name is Mukul, and welcome to the Asset Yogi
[16]
where we won't lock but unlock the knowledge of real estate and investment
[21]
When you are constructing a building, can you add unlimited floors to it?
[27]
Or can you make it as high as you want?
[30]
Can you cover the plot 100% by construction?
[35]
You can get answers to all these questions if you can understand what is Floor Space Index?
[41]
So in this video, I have talked in detail about what is Floor Space Index?
[45]
How to do its calculations?
[48]
What is the difference between Floor Area Ratio and Floor Space Index?
[52]
And How is the Floor Area Ratio decided of any area or any city?
[57]
Watch this video from beginning to the end
[60]
So that you won't miss any point
[62]
let's go straight to the blackboard
[64]
So we will understand what is Floor Space Index in this video
[68]
Whenever you want to construct a building
[71]
on any plot, So how much can you make the total covered area
[77]
Total covered area
[79]
You can find this by FSI
[82]
Now this FSI won't have to be calculated by you. This is generally,
[87]
decided by the government.
[88]
The urban planning department is the one
[91]
that decides any area's FSI or any locality's FSI
[96]
So we will also understand how is it determined and on what factors does it depend
[102]
But before that, we should understand the concept of Floor Space Index
[106]
If we talk about the definition, then Floor Space Index is the ratio of a building's total covered area
[112]
relative to the size of the plot on which it is built
[115]
So the formula for FSI is the Total covered area of the building
[119]
of all floors
[120]
divided by total area of the plot
[123]
So if understand it through a example
[125]
Assume there is a building with 5000 sq. ft. on a floor
[130]
The covered area of a single floor is 5000 sq. ft.
[133]
And assume there are 4 floors similar to this one
[136]
So you will find it out by multiplying it, which will become 20000 sq. ft.
[140]
And assuming the area of the plot is 10000 sq. ft.
[144]
So we divide by it, which gives our FSI as 2
[149]
So our FSI is 2
[151]
But this FSI is not to be calculated by you
[155]
The main objective of FSI is to find out the total covered area
[160]
So the total covered is found out by
[164]
multiplying FSI with Plot area
[167]
So assuming you have to make a building, then how much can we make the total covered area
[173]
this can be known by FSI
[175]
Since you would know your plot area
[178]
and additionally, you would know how much FSI is allowed in that area
[184]
So by multiplying by it, you will find the total covered area
[187]
That is, the total covered area that can be made in the building
[191]
So if we look for the total covered area in our example
[194]
Assuming our FSI is 2 of any area and plot size is 10000 sq. ft.
[200]
So our total covered area would be 20000 sq. ft.
[205]
Now we will understand through an example how can you make this 20000 sq. ft.
[212]
For example, if we look here, there are two FSI's
[215]
Assume the total plot area is 10000 sq. ft.
[220]
Assuming it is 10000 sq. ft.
[222]
and you covered it 100%, so you will do 10000 x 2
[228]
You made this much built-up space, so your FSI will be calculated as 20000
[232]
divided by 10000, which will give 2
[236]
The other option you have is to leave 50% space empty
[240]
Assuming you left the open area of 5000 sq. ft.
[243]
and you made 4 floors in the remaining 5000 sq. ft.
[247]
So, when you will calculate FSI, then 5000 x 4
[252]
This would be your built-up space
[254]
divided by 10000 sq. ft.
[257]
of the plot area, which would be the total plot area if calculated
[260]
Even so, your FSI would be 2 only
[263]
So in this case, you saw that we did a 100% coverage
[266]
And in this case, we covered 50%,
[269]
And in both cases, you are complying with two FSI's.
[274]
Now taking another example, let's assume an area having 0.5 FSI
[279]
So that means, you can't make a very big building in that area, you can't make a big covered area
[284]
So that means, the government is not promoting vertical development in that area.
[289]
For example, if you have the same 10000 sq. ft. plot and you cover it 50% only
[295]
Assume you leave 5000 sq. ft. empty and make 1-story 5000 sq. ft.
[300]
Even so, your FSI would be 0.5
[303]
you will divide the built-up space of 5000sq. ft. by total area 10000 sq. ft.
[309]
So 0.5 will be obtained
[311]
and the other option you have is if you
[313]
leave 75% empty
[315]
So assume you left 7500sq. ft. empty
[319]
Then you can make two floors of 2500sq. ft. from the remaining 25%
[325]
So in this case also, 2500 x 2
[329]
divided by 10000
[331]
will give you the same 0.5 FSI
[333]
Now if we talk about our previous example
[336]
Assuming you can make the total covered area of 20000sq. ft.
[340]
then it is not necessary that you can cover the plot area 100%
[345]
because you have to follow other regulations also
[349]
For example, you may have to leave set back in some area
[352]
you may have to leave space in the front
[354]
you may have to leave space in the sides for driveway
[357]
So we will talk about these regulations also
[359]
but before I will tell you about the term which is used alongside Floor Space Index
[365]
Which is FAR Floor Area Ratio
[368]
Floor Area Ratio
[370]
This Floor Area Ratio is the same as FSI
[376]
But sometimes Floor Area Ratio is denoted as a percentage
[380]
For example, if I talk about Delhi
[383]
So the FAR in Delhi varies from 120 to 400
[389]
Which means it is 120%
[393]
and this is 400%
[395]
So this means it varies from 1.2 to 4
[400]
So FAR in many areas is denoted as a percentage
[405]
And FSI is a single number, a single ratio
[408]
For example in Bangalore, FSI is used
[412]
The FSI of Bangalore varies from 1.75 to 3.35
[419]
These higher values of FAR and FSI are usually in areas with very good infrastructure
[426]
They may have metro connectivity
[429]
Or it may have high growth corridors and high population density
[434]
In such areas, FAR and FSI values are kept high.
[437]
So I think you must have understood a broad concept that what is the concept of Floor Space Index
[442]
how is it calculated
[444]
And how is it compared to FAR
[447]
Now we will talk about the regulations except FSI which you have to follow when you are constructing a building
[455]
You have to follow all the zoning and planning regulations in your locality
[461]
The first one in it is FSI
[463]
you have to follow the FSI and FAR in the area.
[468]
Aside from FSI, you have to follow other regulations also like there are setback requirements such as
[474]
You would have to leave some space in the front, some in the back
[477]
You may have to leave some space in the sides for driveway
[480]
So you should know
[483]
then how much ground coverage is possible, in how much area can you construct your building
[488]
It can be required.
[490]
then, how much area is to be left for parking?
[493]
There are height restrictions at some places
[496]
For example, if we talk about Delhi
[499]
In residential areas, there is a height restriction of 15 metes up to date
[503]
So you should know all these regulations when you do the construction of a building
[508]
If you are making a very big building, then you should consult your architect, he would know these regulations
[517]
So now we will talk about how Floor Space Index is determined and on what factors does it depend
[524]
So, FSI depends upon the current population of the city
[530]
Assume that the population is very high
[532]
So you also have to keep the FSI high
[536]
And assuming the population has been growing in any area
[540]
assuming population growth is very high
[543]
A lot of jobs are being created and industrialization is happening in any area
[547]
So the government can keep FSI high at such a place.
[551]
then assuming the infrastructure is quite high at a place
[555]
So the FSI can be high there as well
[557]
but assuming a place with low infrastructure
[560]
then FSI shouldn't be high at such a place
[563]
FSI should be low at that place, otherwise
[565]
transportation network, power, and water infrastructure would be under stress as well.
[571]
So, in a nutshell
[573]
If your FSI increases, then population density of that area increases as well
[581]
what does an increase in population density mean
[583]
it means that more people will live in less space
[586]
since more people are there, then obviously it would put more stress on infrastructure as well.
[591]
And this is why it becomes important to improve the infrastructure of that area
[595]
the other meaning for an increase in FSI is
[597]
that the vertical development is being promoted there
[601]
that means the government is trying to make high buildings
[605]
instead of spreading the development and making smaller buildings in the larger area
[611]
So when FSI is high, then vertical development is promoted there
[616]
Like in Bombay, FSI is very high in some areas
[619]
Cities like New York have a very high FSI
[623]
FSI is very high in some areas of London
[626]
there you will see very tall buildings are built
[630]
but the population density of that place increases a lot
[632]
and the infrastructure suffers a crunch
[635]
So in those areas, it becomes evident to improve the infrastructure.
[640]
So I think after watching this video, you would have gotten the whole idea of the Floor Space Index and Floor Area Ratio
[645]
If you have some comments, then do comment below and if I missed some points then you can add them also
[653]
If you found this video good, then like and share it
[656]
If you want to suggest a topic and please comment below
[660]
I bring financial and investment-related informative videos like these every day
[665]
If you still haven't subscribed to this channel, then do subscribe to it
[669]
and also press the bell icon
[671]
So let's meet in our next video. Till then
[673]
Keep learning, keep earning and keep smiling.