## Description
Fixes #`Issue Number`
_or_
Fixes `Issue URL`
> [!WARNING]
> _If no issue exists, please create an issue first, and check with the
maintainers if the issue is valid._
## Automation
/ok-to-test tags="@tag.Sanity"
### 🔍 Cypress test results
<!-- This is an auto-generated comment: Cypress test results -->
> [!TIP]
> 🟢🟢🟢 All cypress tests have passed! 🎉🎉🎉
> Workflow run:
<https://github.com/appsmithorg/appsmith/actions/runs/11596803399>
> Commit: 7f833e9e29b8df5023709f7238d2c9bccdde489c
> <a
href="https://internal.appsmith.com/app/cypress-dashboard/rundetails-65890b3c81d7400d08fa9ee5?branch=master&workflowId=11596803399&attempt=1"
target="_blank">Cypress dashboard</a>.
> Tags: `@tag.Sanity`
> Spec:
> <hr>Wed, 30 Oct 2024 16:28:12 UTC
<!-- end of auto-generated comment: Cypress test results -->
## Communication
Should the DevRel and Marketing teams inform users about this change?
- [ ] Yes
- [ ] No
<!-- This is an auto-generated comment: release notes by coderabbit.ai
-->
## Summary by CodeRabbit
- **New Features**
- Enhanced visibility logic in the FormControl component based on
feature flags.
- Improved configurability of the component's rendering based on
application state.
- **Bug Fixes**
- Updated memoization logic to prevent unnecessary re-renders when props
remain unchanged.
- **Refactor**
- Adjusted internal state management to incorporate feature flags for
better performance and responsiveness.
<!-- end of auto-generated comment: release notes by coderabbit.ai -->
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