What is the Gross Floor Area (GFA) and why is it important for developers?

GFA is the total buildable area of a project, calculated using the plot size and the Floor Area Ratio (FAR). It is the most critical metric for a developer's feasibility study as it determines the maximum amount of sellable space.

The full explanation

GFA is the total buildable area of a project, calculated using the plot size and the Floor Area Ratio (FAR). It is the most critical metric for a developer's feasibility study as it determines the maximum amount of sellable space.

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