How Floor-to-Area Ratio (FAR) influence urban Development and Property Value?

Floor Area Ratio (FAR) is a key urban planning metric that defines the relationship between a building's total floor area and the size of its land parcel. By regulating building density, FAR significantly influences urban development patterns, affecting infrastructure demand and community services. Higher FAR values permit denser construction, leading to increased property values due to the potential for more profitable developments.

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