PLOT AREA: 64887 m2<strong>Plot Parameters and Planning Restrictions</strong><strong>Option 1 - Hotel Development</strong>Maximum allowable Density 45% X 120% = 54%Maximum allowable Coverage 20%No. Of floors 3 - Maximum height of building 13. 10 meters<strong>Option 2 - Tourist Village Development</strong>Maximum allowable Density 40% X 120% = 48%Maximum allowable Coverage 20%No. Of floors 2 - Maximum height of building 8. 30 meters<strong>Option 3 - Residential Development</strong>Maximum allowable Density 20%Maximum allowable Coverage 20%No. Of floors 2 - Maximum height of building 8. 30 meters<strong>.</strong> The Hotel or Tourist Village Development (options 1 &amp; 2 above) are considered the most desirable and cost effective because of the additional 20% density concession that has recently been announced by the government.