Buying a home is a dream
for many people. The real estate industry is full of some jargons which put the
home buyers in confusion. Most of the home buyers do not know what these
technical terms represent. Before making an investment in a property, aware of
these technical terms. A property’s cost is based on its super built-up area.
The super built-up area is classified into 3 subdivisions.
• Carpet area
• Built up area
• Super built-up area
The carpet area
represents the area enclosed within the walls of the unit. The carpet area
represents the actual usable area of the unit. The carpet area got its
importance after the implementation of RERA (Real Estate Regulation and
Development Act). After the implementation of RERA, the developers need to sell
their properties based on the carpet area.
The homebuyer should be
known the carpet area of the property before making an investment in. Never get
confused carpet area with the super built-up area. Generally, the carpet area
corresponds to 60-80 per cent of the super built-up area of the property.
Ladder Kerala, the top
builders in Calicut known for constructing premium class flats and apartments in Calicut presents a world-class designed project, flats in Ottapalam named
Ladder Tharavad at affordable prices.
To Know More https://ladderkerala.com/flats-ottapalam-tharavad/
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