When FSI equals floor space increase

“Hence, a competent architect needs to be employed to correctly assess whether or not there is enough space available for a self-supportive structure to come up as an extension of the existing structure,” Rastogi says.

He gives the example of a housing society next-door that wanted to go for extension, but was unsuccessful in getting the requisite approvals as the structure was not self-supportive.

HIGH RETURNS

Sociologist Harshita Sinha is of the opinion that an urge to upgrade the two- or three-bedroom flats stems from the fact that a large section of residents who moved to Dwarka a decade ago from various other localities in Delhi belonged to the middle-income group who now like to see themselves bracketed in the upper income group living in large flats. However, Sinha adds, this may lead to some changes in the demographic details of the area, with some of those with an extra room taking in paying guests, particularly students enrolled in the three universities located in the area.

Finally, as Rastogi sums up, the reason for some housing societies proposing extension projects is more to do with economics. “After all, a four bedroom flat in Dwarka costs nothing below Rs 2 crore and if you can convert your three bedroom flat – which is currently valued at Rs 1.5 crore – to a four bedroom accommodation by paying around Rs 4 lakh for the extension, you are bound to see it as a good investment,” says Rastogi.

THREE ASPECTS

For such

... contd.