What do you mean by covered area
Also known as the net usable area , the carpet area is actually that space in your home which can be used for laying a carpet. The carpet area is the actual usable area you get for use in your home. This then implies that the carpet area of the apartment will not include the space used in building the lobby, the elevator, the stairs, the play area, etc.
Section 4 of the RERA says that every promoter shall make an application to the real estate regulatory authority, for registration of the real estate project, while providing, among other things, the carpet area of apartments for sale in the project, along with the area of the verandahs or exclusive balcony and the exclusive open terrace areas with the apartment.
While the builders are now legally obliged to mention the carpet area to measure and price units, provisions have also been made for the increase and decrease in its measurement, while developing an under-construction project.
If the carpet area is reduced through the course of the construction, the builder will have to refund the excess amount within 45 days, with annual interest, to the buyer. In case of an increase in the carpet area, the developer can also ask the buyer to pay the excess amount. There have been various instances, where the builder increases the overall price of the property, because of some changes in the plan and an increase in the carpet area. Under the provisions of the RERA, the buyer is liable to pay the additional charges.
So, if the built-up area of a property is 1, sq ft, its carpet area would typically be 1, sq ft. If you are buying a project in a mega housing society, the builder will be obliged to tell you the carpet area of the unit under the provisions of the RERA. However, do get a technical expert to visit the flat and calculate the area. If you are applying for a home loan, the bank would send a technical expert to examine the unit. Check with them, if the carpet area, as told to you by the builder, is the same as assessed by them.
In case of any discrepancies, you must point out this issue to the builder and renegotiate the price. Another key thing to remember while purchasing a property, is to not get carried away by the built-up area or super built-up area numbers, in case the carpet area is not to your liking.
At the end of the day, the carpet area is the actual area you would be using in your day-to-day life. Make sure there is a perfect balance among the thee numbers, with the carpet area claiming the highest share.
While buyers of under-construction properties are aided by the RERA in this aspect, buyers who purchase a property in the resale market are on their own, when it comes to calculating the exact carpet area in their prospective homes.
However, since most floor plan drawings are drawn on computer-aided design CAD software, it is actually quite simple to know the exact carpet area of your property. If one is not sure about this, they might also seek assistance from an engineer or architect. Home buyers need to know the difference between carpet area and built-up area.
The built-up area in your flat or apartment, is the carpet area plus the area that is covered by the inner walls and the balcony. This means that if a developer tells you that the built-up area of the units is 1, sq ft, you could assume that the net usable area or carpet area of the apartment will not exceed sq ft. A housing society consists of various common areas. While the buyer has to pay a monthly maintenance charge for the upkeep of these areas, he will also have to shell out money for a proportionate part of these spaces at the time of the purchase.
Builders typically use the loading factor — constructed spaces not exclusively allocated to the buyer — on the carpet area, to arrive at the super built-up area. Keep track of your shortlisted properties here. Shortlist a property to get started. Real Estate Residential Groups About. About us Careers Blog Contact us. You have no new notifications! Difference between covered area and carpet area.
Q: What is the difference between covered area and carpet area. How we can calculate it? Sunil Kulkarni , Pune. Neighborhood Issues in Pune. Follow Discussion. Replies 4. Hi friends!!! The Central government has modified the guidelines of Prime Minister's Awas Yojna Urban which can make housing projects eligible for central assistance.
The updated guidelines state that if carpet area is increased by at least 9 sq-mt in a housing project, will it be eligible for financial aid under the housing mission's Benificiary Led Construction BLC assistance. The govt. Area of the Building : a Covered area — 25, Sq. Ft b Open area — 5,00 Sq. No of days during the Service are required :All days except Sunday and eight, Gazetted holidaysnotified by Govt.
Covered area means the geographical area described in the solicitation from which this contract resulted;. Sample 1.
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