Like this post? Above the calculation is right as builder? Right formula is, Carpet area * 1.25 = Saleable Area. As a rule of thumb, the super built up area can be calculated by adding a loading factor to the carpet area, which may vary from 15% to 50%. Your email address will not be published. FROM THIS THEY ARE DEDUCTING BALCONY AREA OF 40 SQ FT . Browse through more than 121,000 verified real estate properties with accurate lowdown on amenities, neighborhoods and cities, and genuine pictures. It is part of common area. Right method for carpet area calculation. Tamil Dictionary definitions for Area. A 67% loading, a complete rip off considering the facilities they were offering. Hi Malik, must accurate the terms in realstate business, specially super build up area which is unknown to all. Floor Area Meaning In Tamil. These articles, the information therein and their other contents are for information purposes only. Carpet area. This category only includes cookies that ensures basic functionalities and security features of the website. kris. More than information, your explanation in an interesting way and in an easily understandable way is very good. On the contrary, if the actual carpet area is 1125 sqft (can be calculated from the layout in brochure), the super built up area will work out to be 1125 * 1.25 = 1406.25 for which you should be paying, whereas the builder charges you for 1500 sqft. rate and not super built up area rate. Dear Mukul, The inclosed space on which a building stands. What Is Plinth Area Quora. This term is not so important while buying a property as almost all developers sell the property on super built up area. The inclosed space on which a building stands. It is not part of super built-up area. Sir, I’m little bit confused about that loading percentages that are added to the areas……..could you please elaborate that with some examples? These cookies will be stored in your browser only with your consent. The built-up area is the comprehensive area which is the sum of the carpet area and the thickness of walls of the housing unit. Does this leads any legal issue? I calculated the carpet area using the actual dimensions mentioned in the floor plan and the carpet area comes to 644 sq. on 8 Pics Two Robins In My Garden Meaning And View, 5 Images Sanchai Meteor Garden Tattoo And Description, 7 Images Garden Tiller Parts List And Description, 7 Photos Caterpillars In My Herb Garden And View. As a prospective homebuyer, understanding the terminologies used by real estate agents is vital to avoid costly mistakes that might hamper your chances of getting the right property of your choice. In this post, I present to you the most logical definitions and analysis on the subject, so that you are much more confident when you go property hunting next time. As long as the layout is approved, there should not be any legal problem. within any given lines; superficial extent; as, the area of a square or or is it a typo?? But opting out of some of these cookies may have an effect on your browsing experience. As you know there are different building plans. 1. Moreover, in your sale deed, built-up area must be mentioned and you must be paying property tax on the built up area. | AssetYogi, https://assetyogi.com/circle-rates-in-delhi/, https://assetyogi.com/property-tax-online-payment-delhi. Area: துறை,பரப்பு. We need to wait and watch how effective is the implementation of Real Estate Bill. my land area is 200 yard (30′ x60′) how i calculate the column how many i need and how i make plinth Hi Sir, The area is mentioned in a letter addressed to INCOME TAX AUTHORITIES in reply to query by IT AUTHORITY ON PURCHASE OF FLAT. Built-up area = Carpet area + area of walls + area of balcony. 2.
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