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Gross leasable area (GLA) is the amount of floor space available to be rented in a commercial property. Specifically, gross leasable area is the total floor area designed for tenant occupancy and exclusive use, including any basements, mezzanines, or upper floors. It is typically expressed in square metres (although in some places such as the ...
Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. [ 1 ]
In the United States, the creation of a subdivision was often the first step toward the creation of a new incorporated township or city.Contemporary notions of subdivisions rely on the Lot and Block survey system, which became widely used in the 19th century as a means of addressing the expansion of cities into surrounding farmland.
On April 29, 2013, the Residential Properties (First-hand Sales) Ordinance practice came into effect, banning the term "gross floor area" in advertising flats in new developments; developers must henceforth specify the size of flats in terms of "saleable area" – the usable space within the flat – in sales brochures for new residential projects.
Property sales by floor area in January-April logged a 20.2% slide year-on-year, while new construction starts fell 24.6%. Funds raised by developers were also down 24.9% year-on-year.
Area or basement area In Georgian architecture, the small paved yard giving entry, via "area steps", to the basement floor at the front of a terraced house. Arris A sharp edge created when two surfaces converge; this includes the raised edge between two flutes on a column or pilaster, if that edge is sharp. Arris Rail
Last month, housing contract activity rose in all regions of the country except for the Northeast. The South saw the largest month-over-month increase, improving 5.2% from October and 8.5% from a ...
Interactive maps, databases and real-time graphics from The Huffington Post