If you find a property ad that mentions "1,200 square foot," do you really know what this number actually means? Many prospective buyers are unaware of this, and such misunderstanding could lead to payment for something that cannot be put to good use. Whether shopping for a apartment in Thoraipakkam or any part of Chennai, knowing the following terms can help in comparing houses more comparatively and more justly.
The carpet area refers to the actual usable area within the flat or house occupied by the people living in it which means that it refers to the net floor area within the walls which includes living rooms, kitchens, and bathrooms. RERA states that carpet area does not include the thickness of the outer walls, service shafts, as well as exclusive terrace and balcony areas.
It is very simply defined as the area where you can lay a carpet touching the walls at both ends.
The term "built-up area" represents the combined measurement of the carpet area and the thickness of all the walls (interior and exterior) along with any terrace or utility area. Built-up area is greater than carpet area as it includes the construction of the flat, not just the floor space you walk on.
The super built-up area is calculated as the built-up area together with other spaces that the residents of the building use. Various shared spaces namely the lobby, elevators, staircases, hallways, and the club house can be classified as super built-up areas.
This is one of the three areas that builders talk about, and it is the biggest of those three. The difference between carpet area and super built-up area is referred to as the loading for the buyers. The loading usually ranges from 20% to 35 % depending on the building.
Take the case where an apartment has been listed for sale, stating its size as 1200 sq ft with a super built-up area of 30%. This means you would have space of about 920 sq ft to live in the flat.
Check the carpet area. It’s possible for two flats to share the same super built-up area while having completely different carpet areas. Always request for the carpet area and compare the flats based on this factor.
Confirm the price per sq. ft. A super built-up rate that is lower than the competition could still be hiding higher rates on a carpet area basis. So, for example, while comparing a flat in West Mambalam to a flat in another region, examine the cost per sqft of the carpet area instead.
Make sure to check the RERA registration. The Real Estate Regulatory Authority makes sure that the carpet area calculation is being used while selling flats so the registered details are completely reliable. In case you are not sure about the carpet area, get it confirmed in writing.
Take into account the loading percentage. High loading means that customers will pay more than usual for common spaces. It can be justified in case the project is well-equipped with many amenities; it’s important to be aware of this factor though.
What is the super built up area, built up area and carpet area of flat?
What is the loading percentage?
Is the balcony included in the carpet or is it counted separately?
What area is the price based on?
If you're thinking of purchasing Navalur apartments for sale, you should keep the following questions in mind as there are many new developments with a number of facilities being hosted in this area leading to high occupancy rate.
The carpet area is the actual space available in the house; the built-up area is the total space under construction for which the buyer is paying and the super built-up area is the usable area plus the area of common areas. Knowing the differences will serve as a basis for comparison when buying a house, it will help you to negotiate better and it will save you surprises in measure at the time of registration.
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