Real Estate Forum on Built Up Area

Latest Answer: Hi Mallikarjun, Carpet area - Carpet area is the area that can be used to spread a carpet inside the house. It is the net usable area of the apartment. It includes the thickness of the internal wall but excludes balcony or terrace. Built-up area - built-up area is the carpet area plus the area covered by walls. The built-up area includes balconies, terraces (with or without roof), and other detachable habitable areas such as servant room, etc. Super built-up area - Super built-up area is the built-up area in addition to the proportionate share of entrance lobby, corridors, stair cases, lift shafts, lift lobby, generator rooms, club house, security room and any other common areas in the complex. These rules are applicable most parts of India including Hyderabad too.

Latest Answer: Carpet area - Carpet area is the area that can be used to spread a carpet inside the house. It is the net usable area of the apartment. It includes the thickness of the internal wall but excludes balcony or terrace. Built-up area - built-up area is the carpet area plus the area covered by walls. The built-up area includes balconies, terraces (with or without roof), and other detachable habitable areas such as servant room, etc. Super built-up area - Super built-up area is the built-up area in addition to the proportionate share of entrance lobby, corridors, stair cases, lift shafts, lift lobby, generator rooms, club house, security room and any other common areas in the complex. These rules are applicable most parts of India including Hyderabad too.

Latest Answer: Thanks a lot Abhijit, We often see the advertisements flashing something similar to, Buy an apartment at just Rs 3500/sq-ft.!! but when we registered the flat the @3500/sq-ft. then it come to know that it is just the basic price, the actual price is much more than that. Is it true?

Latest Answer: Some developers in Mumbai especially are planning to shrink the size of the apartments because smaller and cheaper apartments always generate fast cash flow in compare to luxury apartment.

Latest Answer: Hi friends!!! The Central government has modified the guidelines of Prime Minister's Awas Yojna (Urban) which can make housing projects eligible for central assistance. The updated guidelines state that if carpet area is increased by at least 9 sq-mt in a housing project, will it be eligible for financial aid under the housing mission's Benificiary Led Construction (BLC) assistance. The govt. has initiated this change in rules to all the states so that they may be able to enjoy the benefit of the BLC.