Vinod Jaiswal
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Why the builder has calculated the Super Build-up Area as 1.6?
Q: I am buying a newly constructed flat in Naigaon East in Mumbai. To calculate the cost of the balcony area, the builder has given me a formulae which is as below: Cost of area = Area x 1.6 x 50% x Per sq.ft rate Can anyone please help me with this 1.6? I really can't understand this calculation. Thanks, Vinod

Latest Answer: Thanks for the explanations Sir.

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