UNDIVIDED SHARE OF LAND
But, each Apartment Owner has his share of land. This is proportionate to the super built-up area of his/her Apartment. This Undivided Share of the Land (UDS) is registered in the name of the apartment owner. Thus, each Apartment has an associated UDS.
The sum total of all registered UDS in a Complex should be equal to the total extent of the land in which the complex. If this total falls short of the total land area, it means the builder retains some part of the UDS to himself. This will enable the Builder to Build more in the future. A look at the Approved Plan and will show how much the Approved Plan allows the Builder to Build.
On the other hand, let us assume that the total of all the UDS registered in a complex is above the total area of the land. Then the Builder would have violated the Rules on more than one ground. In such cases it will be difficult to get the Completion Certificate from the Local Bodies.
How much should be the UDS that must be associated with your flat?
It’s the land component of an Apartment ie the UDS that appreciates in value. But, the building component depreciates in value over a period.