What is Carpet Area, Built-Up Area & Super Built-Up Area?

Q: How can knowing the Carpet Area, Built-Up Area & Super Built-Up Area of a flat help me in purchasing a flat?

James, Delhi

30th September 2014

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Replies (4)

Hi James,
As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.

Raj Roy, Delhi

19th August 2015

Comment

Normally most of the builders or developers will not say the loading factor of a property while discussing with property buyers. This is because, the loading factor gives the real esteem for your investment. For an example, a builder offers a super built-up area of 1000 sq-ft and, the carpet area is 700 sq-ft. The additional that the builder is charging is equivalent to 300sq-ft. This is said to be the loading factor of the unit.

Sujan Mitra,

20th August 2015

Like Sujan said, now let's calculate using the equation which is said to be correct where carpet area is utilized for calculation.

Carpet area x Loading Percentage = Loading Factor x 100,
Loading Percentage = (Loading Factor x 100)/ Carpet Area,
Where Loading Factor = Super built-up area - Carpet area,
Loading Percentage = (300 x 100)/ 700 = 42.85%.

Veena K,

21st August 2015

The formula which is most common in the country, considers the super built-up area as against Carpet Area. And this brings down the Loading Percentage to a large extent which the buyer might feel is favorable to him. Using the same numbers given by Sujan previously, let's calculate:

Super built-up area x Loading Percentage = Loading Factor x 100
Loading Percentage = (Loading Factor x 100)/ Super built-up area,
Where Loading Factor = Super built-up area - Carpet area,
Loading Percentage = (300 X 100)/ 1000 = 30%.

Bulbul Verma,

22nd August 2015

Hey Guys,
I am planning to buy an apartment. I want to know some basic things like loading factor, whats it? How to calculate it? Kindly give an example for better understanding.

James, Delhi

19th August 2015

Comment

Hi James,
Basically loading factor makes a relationship between the super built-up area as well as the carpet area. It is the factor which when added with 1 and then multiplied by the carpet area gives the super built area. The right equation for figuring loading factor is:

Super built-up area = Carpet area (1+ loading factor)

Richa, Delhi

19th August 2015

@ James,
You must understand that the outset of Loading for a builder is to recover the expense of extra facilities that he is giving, for example, terrace lobby, generator room, lifts, Parking & maintenance room. Builder needs to recover the cost of area used.

Jeet Bhaskar, Delhi

19th August 2015

For example, in high-end projects, the builder gives facilities that are significantly more superior than the recommended standards and consequently therefore the possibility of using the available FAR for developing to an sale-able unit.

So,the developer puts finance pressure on buyers in the form of an increased base price and higher loading.

N.Mathur, Delhi-NCR

19th August 2015

Hello Everyone,
I am going to invest in real estate market. This is my first ever. So I want to know, who is the appropriate authority for knowing the market value of the property? What is meant by the market value of the property and is Stamp Duty payable on the market value of the property or on consideration as stated in the agreement?

Nikhil Agarwal, Delhi

30th September 2014

Comment

As per my knowledge , the Sub-Registrar of the area, in whose jurisdiction the property is located, is the appropriate authority for knowing the market value of the property.

Market value of the property as ascertained by the stamp duty authorities on the basis of a ''Ready Reckoner'' which gives the per sq. mtr. value of each village, zone and sub-zone .

Praveen P, Delhi

30th September 2014

@Nikhil,
Yes Mr Praveen, I agree with you. As per my knowledge, The ready reckoner is normally published on 1st January of every year. The Stamp Duty is payable on the agreement value of the property or the market value which ever is higher.

Jeet Bhaskar, Delhi

30th September 2014

Hi Mr Agarwal,

Usually different rates for stamp duty are applicable for residential and non-residential property. In Maharashtra, the rate of stamp duty is 5% for both residential and commercial property. However, for residential property there is a slab wise concession.

Raj Roy, Delhi

30th September 2014

Hi Mr James,
As per my knowledge, Carpet Area is the area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. It is the actual used area of an apartment/office unit/showroom etc. Built up Area is the carpet area plus the thickness of outer walls and the balcony.

Richa, Delhi

30th September 2014

Comment

@james,
Super Built Up Area is the built up area plus proportionate area of common areas such as the lobby, lifts shaft, stairs, etc. The plinth area along with a share of all common areas proportionately divided amongst all unit owners makes up the Super Built-up area. Sometimes it may also include the common areas such, swimming pool, garden, clubhouse, etc. This term is therefore only applicable in the case of multi-dwelling units.

Richa, Delhi

30th September 2014

@ James,

This break up is extremely essential as builders can place anywhere from 65% to 85% per cent of the super built area as carpet area. That means, if the price is quoted as 1,000 sq ft super built up area, the carpet area could be anywhere from just 650 sq ft to 850 sq ft. If this break up is not mentioned in the agreement, demand that the vendor/ builder mention it in the sale deed.

Vibhor, Delhi

30th September 2014

Hi Guys,
Thank you all for providing valuable information. May I know What is meant by valuation of property? kindly share some info. Thanks

James, Delhi

30th September 2014

Hi Mr JAMES,
The valuation process evaluates the market value of the property. Demand and supply forces operating in the market, as well as other factors like type of property, quality of construction, its location, the local infrastructure available, maintenance, are all taken into consideration before the market value is decided.

Pranab Malakar, Delhi

30th September 2014