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“Premium FSI” means the FSI that may be available on payment of premium as may be prescribed under these regulations.
Premium FSI is decided basis the following regulations in UDCPR:
Reg 6.1 – Table 6A for Development in congested areas
Reg 6.3 – Table 6G for Development in non-congested areas
Rate of the premium ranges between 10% to 15% of ASR land rates depending upon the type of city/area “
Simply put, FSI is the ratio that determines how much can be built on a plot”