Apartments Related IssuesBuying Chennai Properties


How the Saleable Area of an Apartment is Calculated

It is better for a prospective buyer to understand the meanings of the terms, Carpet Area, Plinth Area , and Super Built-Up Area.
While there is not much difficulty in understanding the meanings of Carpet  Area and Plinth Area, it is the concept of Super Built-up area that is causing heart burns and misunderstandings.
Carpet Area 
Carpet area is defined as the area within the walls of your home. In simple terms, if you have to lay out a wall-to-wall carpet in the en­tire home, the area covered would be the carpet area. This of course includes the Balconies and Sit-outs that are accommodated within the home or flat. In other words, it is the area within the main door of the flat.
Plinth Area
The built-up area or Plinth area is inclusive of not only the Carpet Area but also the area being occupied by the walls of your home.
Super Built-Up Area
The super built-up area takes into account the area under the common spaces, which is the apart­ment’s proportionate share of the lob­by, staircase, elevator and the corridor outside the apartment. When it comes to the super built-up area, there is confusion about what all can be in­cluded in it. Some builders may even include the terrace, security room, elec­trical room and pump room. The proportionate share of the Common Areas is added to the Plinth Area of an Apartment to arrive at the Super Built-up Area for that particular Apartment. Since the buyers are charged for the Super Built-up Area, it is necessary to clarify even before paying the advance the bifurcations for the Super Built-up area.
Enquire with other Sellers
You can calculate the percentage that is added to the Carpet Area as Super Built-up Area. There is no hard and fast rule about how much and what are the areas the builder can charge their customers. It all depends upon the market forces, in the last count.Make enquiries with other builders in the area to get an idea about the practices prevailing in that area.
Request for Area Statement
Before entering into an Agreement, ask for a detailed Area Statement from the builder which will show the break-up.

The Real Estate Regulation Act

The Real Estate Regulation Act that is recently passed by Parliament, proposes to put an end to this practice, by making it compulsory for the builders to charge only for the Carpet Area and not for the ambiguous Super Built-up Area. 

By John das

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