Real Estate Regulation Bill: Boon for the buyers

Published: September 11, 2009

Perfidious builders can no longer conceal the real floor area of apartments they are selling to the buyers by juggling them between carpet area and super area. Government is working on a new Real Estate Regulation Bill that will set guidelines for builders and real estate developers. Mulling suitable amendments to the existing Rental Control [...]

Posted under Laws & Regulations

Super built up area & carpet area - What, Why and How!

Published: April 10, 2009

The terms built up area, super built up area, salable area and carpet area pop up again and again for an Indian real estate buyer. The apartment that is sold as a spacious 1500 sqft apartment, is actually not 1500 sqft if you count its actual covered area, or carpet area.
Definitions -
1. Carpet area - [...]

Posted under Buying Property, Indian Real Estate, Laws & Regulations