Buying a home is an exciting as well as time-consuming task. To find a home that matches individual desire, one must consider the basic necessities with overall desires for purchasing a home which is a priority for every individual. Being a customer or a purchaser, understanding the language used by house agents is essential to avoid mistakes that hamper your chances of getting the right residential property in Mohali as per your choices.
So before going for a home purchase one must have the knowledge and should know the difference between the 3 jargon which are commonly used by all brokers:
Carpet Area –
It is the inner distance from the wall to wall inside the house i.e. the net usable floor area. It is essential for home agents to disclose the carpet area for each apartment based on which the sale price is to be calculated. It does not include those areas that are covered by external walls like balconies or terraces. The carpet area includes almost 70 percent of the built-up area that comprises of living room, bedrooms, other rooms, kitchen, bathrooms, and the inner staircases if any.
It also excludes the verandah area, which is pertinent to the accessible floor area that is only meant for the entire use of the customer. Similarly, an open terrace area consists of that area that is collateral to the floor area and is meant for the privileged use of the purchaser. So overall carpet area only includes the inner area of the house in which the open terrace, balcony, and open verandah are not covered.
Built-Up Area-
The built-up area is the total area which includes the carpet area and the thickness of the walls of the house. The areas including the balcony or terrace also come under this. It includes the inner areas within the house like the balcony, terrace, etc. Mainly, it includes about 70 to 80 percent of the super built-up area of the apartment or house. However, this percent count varies from time to time depending on the project or the housing developer. Contrarily, in some cases, 10 to 15 percent of the space added to the carpet area also becomes the built-up area.
Super Built-Up Area –
The super built-up area is that area that is occupied by the built-up area and the space including areas like lobby, staircase, elevator, shafts, clubhouse, etc. Usually, home agents charge the customers for this area to cover their construction costs. It also includes certain portions of the common areas like a corridor, lifts, lobby, etc. Overall it is the total of the common area and built-up area.
Frequently numerous terms like carpet area, built-up area, and super built-up area usually depict the areas of a home.
Conclusion
Having basic information regarding the carpet area, built-up area and super built-up area makes purchasers more decisive regarding cost while buying a home on Beverly Golf Avenue. Before going for a home purchase, one must know the difference between carpet area, built-up area, and super built-up area. Also, the spaces and areas which are covered under these depend on the size of the project.