Karnataka High Court upholds Premium FAR scheme; says it is not violation of right to property (opens original article in a new tab)

Karnataka High Court ruled that the Premium FAR scheme is constitutional, rejecting claims it violated property rights. The scheme allows property owners to purchase additional construction rights for urban development and revenue generation.

• Karnataka High Court upheld the Premium FAR scheme, stating it does not violate the Constitution.
• The court dismissed petitions claiming the scheme eroded property rights and Transferable Development Rights (TDRs).
• The Premium FAR allows property owners to buy additional construction rights by paying premiums, aiming to boost urban revenue.