Summary:
In 2006-2007, it was raised to 125 against augmentation charges of Rs 500/sqm. For industries in Udyog Vihar, especially in the MSME sector, this came as a huge setback “HSIIDC has unilaterally raised augmentation charges without consulting the industries. A couple of years ago, FAR was again raised to 150, for which augmentation charges were fixed at Rs 4,000/sqm.Six months ago, HSIIDC again revised the charges. While industry members are saying the charges were increased arbitrarily, HSIIDC officials say the increased charges are required to offset additional pressure on infrastructure.Initially, FAR in Udyog Vihar was 75. GURUGRAM: Augmentation charges — money charged from an industrialist for additional floor area ratio ( FAR ) — has become a bone of contention between industrialists and HSIIDC (Haryana State Industry and Infrastructure Corporation)..