Tag Archives: Business

Night Life in vadodara will be more interesting with Ratri Bajar

Posted by on August 1, 2010 1 comment
Ratri Bajar in Vadodara

Ratri Bajar in Vadodara

Vadodarians, If you are missing spicy food and entertainment in night, just wait some time, VMC is all set to launch Ratri Bajar, an all-night market in the city near Vuda Circle. It will provide citizens entertainment, food and shopping options all through the night.  According to this article, Tender process just has been completed, design is ready and work will be started soon.

It is still not clear how many shops and till when it will be completed, but if it created and managed well, surely it will enhance vadodara night life to great extent and will be opportunity for lots of new employment.  So if you thinking to start new food shop or something related, think about ratri bajar.

We assume that it will be in the line of of Khau Galli  in near Anand or Law Garden in Ahmedabad.

What are you expecting from this Ratri Bajar, Let us know in your comments.

Vadodara for real estate property investment

Posted by on July 19, 2010 2 comments
A stretch of the Ahmedabad-Vadodara expressway
Image via Wikipedia

Real estate is always one of the most attractive investment for everyone. Vadodara is emerging as real estate investment hub due to following points

  • Rates in Vadodara are still much more reasonable compare to near by city like Ahmedabad and Surat
  • Vadodara could well be the next IT hub of the state after Ahmedabad/Gandhinagar
  • Anand and Surat fairly near by as well as the Express highway connecting Ahmedabad and Vadodara , is doing wonder.
  • It’s home town of numbers of Gujarati NRI
  • Mumbia is saturated and large number of investor thinking investment in gujarat

In a way Vadodara has capability to do well in residential and commercial property segment both and thus it is attracting large number of foreign and Indian real estate investors.

Please comment, if you have some other strong point to agree or disagree on this.

FSI – floor area ratio – floor space index

Posted by on June 6, 2010 2 comments

FSI

In the series of Real-Estate Jargon , This is second blog, you might interested in first blog of the series abut definition of different kind of area  (Definition Of Carpet Area , Built Up Area , Super Built Up Area)

Floor area ratio is very commonly known as floor space index (FSI) also in India. In laymen language it is indicator that shows how many numbers of floor can be build in certain area, it is the ratio of the total floor area of buildings to the size of the land of that location.

Municipal corporation or urban development centra set the norms for FSI and builders/constructor has to follow them strictly. so anyone can not construct building which is very tall and does not provide enough space for surrounding buildings.

In nutshell FSI restricts that taller buildings should have better space at ground so it does not impact surroundings.

As a formula: Floor Area Ratio = (Total covered area on all floors of all buildings on a certain plot)/(Area of the plot).

Let’s take an example, if FSI is 3 for any city, and plot area is 3000 sq. meter,In this case builder can construct

  • 5  floor of  1800 sq meter (60% of 3000)  covered area in each floor  = 5*1800 = 9,000 /3 = 3,000
  • 10 floor of 900 sq meter (30% of 3000) covered area in each floor = 10*900 = 9,000/3 = 3,000
  • 20 floor of 450 sq meter (15 % of 3000) covered area in each floor = 20*450 = 9,000/3 = 3,000

Normally FSI varies according to city and area, In vadodara it is between 2 -3 .

Reference:

http://www.carfree.com/far.html

http://en.wikipedia.org/wiki/Floor_Area_Ratio