If you are a first-time homebuyer, navigating conversations with real estate agents and companies can be daunting. There are certain terms that can seem similar, but in reality, mean very different things. For instance, if you are looking for apartments in Chennai, builders may give you varying figures for carpet area, built-up area and super built-up area of a house.
We break down these terms so you are not left scratching your head at the builder’s office.
According to the provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), the carpet area of a property is defined as “net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area.”
In simple terms, it is any part of the house that can be covered with a carpet. Carpet area includes the area of the inner walls of the house but excludes balconies, gardens or the terrace. Ideally, the sale deed of a house should specify the price of the property based on the carpet area.
The built-up area of the house is usually about 10-15% greater than the carpet area because it includes the exteriors as well such as the balcony, verandah, servant quarters, etc. It is important to note that the walls shared with other units are factored in at 50% while the others are included at 100%.
In simpler terms: Built-up Area = Carpet Area + Inner and Outer Walls + Balconies or Verandahs
Super Built-Up Area
Super built-up area includes the built-up area along with a proportionate share of the corridors, staircases, entrance lobby, lift shafts and lobbies, club house, generator rooms, etc. However, there are some exclusions. Water tanks, walkways, swimming pools, weather sheds, open sports facilities, etc., are not included in super built-up areas.
Ideally, the super built-up area of a house should not matter because builders are not allowed to charge you for these common facilities. Before RERA, many builders tried to recoup their cost of construction and make a profit by selling homes on the basis of the super built-up area. Now, it is illegal to do so.
Appaswamy Builders in Chennai are 100% RERA-compliant. Be sure to ask our agents about the different areas, just so you know what comes included in your new home.