Ramesh Kini
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How is balcony calculated in sale amount according to new RERA
Q: According to rera, if all flats are sold on purely carpet area basis, how will balcony or pocket terrace be sold to owner? How will that be calculated legally?

Latest Answer: As stated in the circular, the terrace, veranda, external wall and the balcony will not come under the carpet area even it is exclusively dedicated to the flat owner whereas the internal partition wall will be included in the carpet area. This move by the Maharashtra RERA will bring consistency in the real estate sector and will bar developers from selling flats on the basis of the built up area.

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