Being a potential homebuyer, dealing with real estate builders in Chennai, or any other city for that matter, it’s importatnt to understand certain jargons that are commonly used in the real estate industry. One such term is RERA carpet area.
So, you might ask, just how many square feet is a RERA carpet area? The square footage of the RERA carpet area varies between properties. It all boils down to the design of your property, whether it’s one of the 2 BHK flats for sale in Chennai below 50 lakhs or a high-cost luxury property. The carpet area is typically around 70% of the built-up area. However, be aware that the exact ratio may vary based on the design and layout proposed by real estate builders in Chennai or other locations.
A key aspect that differentiates RERA carpet area from other property measurements is its inclusions.
While RERA carpet area does include a comprehensive list of features, there are some exclusions as well.
To understand the RERA carpet area calculation, you need to know the RERA carpet area formula.
If you are curious about learning more about Real Estate Market, please take a moment to read this blog. – ‘’How much should I invest in buying a Flat in Chennai?’’
The difference between the plinth area and the carpet area is quite significant.
The saleable area, as defined by many real estate builders in Chennai and other regions, is derived from the carpet area and includes the proportionate area under common spaces like staircases, lobby, and elevator shafts.
While they may seem similar, there’s a marked difference between the traditional carpet area and the RERA carpet area.
Understanding the nuances of the RERA carpet area can help you make informed decisions while negotiating with real estate builders. Whether you’re searching for 2 BHK apartments in Chennai, an investment property elsewhere or your dream home, knowing the RERA carpet area guidelines can come in handy to get the best property valuation.
Our expert team of builders and developers in Chennai adheres strictly to these guidelines and ensures that our properties are RERA-compliant. We’re here to help you find your perfect home, without any surprises or hidden factors!
Vijay Shanthi Builders, renowned in Chennai’s real estate, adheres to RERA norms, ensuring transparency and quality. They offer varied properties like 2 BHK flats with compliance, assuring buyers of precise RERA carpet areas. With their commitment to RERA standards, homebuyers can expect trustworthy dealings and accurate property valuations.
With these insights, you’re now better equipped to deal with jargon thrown at you by real estate builders in Chennai and elsewhere. Always remember, being an informed buyer is the first step to secure a rightful home-buying experience! Happy house hunting!
The RERA carpet area is defined as the ‘net usable area’ of an apartment, excluding the area covered by the external walls but including the internal partition walls.
The saleable area, as defined in the RERA Act, includes the carpet area along with the proportionate area of complimentary facilities and common areas.
The saleable area includes the carpet area and the areas covered by walls and other amenities like a balcony, whereas the built-up area includes the carpet area and the wall area but excludes common areas.
RERA carpet area is important as it gives a clear understanding of the actual area that a buyer will get for private use. It helps avoid any malpractices by dubious builders and ensures complete transparency in property transactions.
I'm Chandan Jain, Managing Director of Vijay Shanthi Builders. My journey into the realm of construction and urban development began with a profound passion for excellence and innovation. Join me as we explore the dynamic world of real estate, discovering top properties, understanding market trends, and making informed decisions together.
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