Rera Carpet Area Pdf

Rahul shah ceo of sumer group points out that as per the rera guidelines a builder must disclose the exact carpet area so that a customer knows what he is paying for.

Rera carpet area pdf. A lower price does not necessarily mean a better deal. What is carpet area as per rera. The more saleable area does not necessarily mean more carpet area. On 14 june 2017 maharera official website has notified a circular on calculations of carpet area as defined under the section 2 k of the real estate regulation and development act 2016.

The higher the ratio of carpet area to the super built up area the more space one will get inside the flat. 2 the rate of interest chargeable from the allottee. K carpet area means the net usable floor area of an apartment excluding the area covered by the external walls areas under services shafts exclusive balcony or verandah area and exclusive open terrace area but includes the area covered by the internal partition walls of the apartment. And has been allotted apartment no.

According to rera carpet area will include the area covered by the internal walls of the apartment along with the net usable floor area. The balloon of uncertainties has been burst out as rera explains the carpet area definition. Real estate regulatory authority made it compulsory for developers to make the customers aware of the land area and stated that henceforth developers are legally bound to disclose that how many units of carpet area will be sold and what quote price will be decided on the basis of. However the act does not make it mandatory for the builders to sell a flat on the basis of carpet area impact of rera on real estate industry.

Whereas under section 2 k of the rera act 2016 carpet area of the apartment to be sold by the promoter is defined as carpet area means net usable floor area of an apartment excluding the area covered by the external wall area under services shafts exclusive balcony of verandah area and exclusive open terrace area but including the. Area calculation method can seriously affect the buying price. Having carpet area of square meters square feet type on floor in tower block building no. Some of the essential tips.

Carpet area usually means anything inside the outer walls of an apartment but excluding the balconies verandah wall thickness or open terrace and shafts. Whereas under section 2 k of the real estate regulation and development act 2016 carpet area of the apartment to be sold by the promoter is defined as carpet area means net usable floor area of an apartment excluding the area covered by the external walls area under services shafts exclusive balcony or verandah area and exclusive. Building along with garage covered parking no. Do consider all.