Updated On: 12 January, 2013 06:42 AM IST | | Varun Singh
Reason: Farmers and landlords are now selling their land at the market price, making it difficult for developers; builders are asking government to increase FSI in existing areas
Builders in the city are suddenly growing quite concerned over the depleting agricultural land in the state.
Earlier, builders were always pushing for agricultural land to be converted into Non-Agricultural (NA) and then turning it into housing or commercial developments, but now they are pushing to reduce the loss of agricultural land and are focusing on saving the economy. And how do they intend to make up for the loss of land and business? Simple: By asking the government to raise the Floor Space Index (FSI) at existing places.