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How Would You Buy A Home – With Carpet Area Or Super Built-up Area?
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Are you buying a home? Are you thrilled seeing a big offer for lower price? – Yes, you may find similar prices for a property that is different by area; e.g. 1200 sq ft property and 1000 sq ft property, you will get similar quote for. You will definitely choose a 1200 sq ft scheme; even not bothering to look another one. Days later, it is largely possible that you would feel being duped by your property sellers; complaining them that the property they sold to you is not worthwhile, doesn’t match an overall area they showed to you.
Quite a possible; but you know who is responsible for it? May be, it is you. Because you didn’t know before you actually purchased it and approaching something without knowing it would be a pure risk; was not your lookout. Similar things happen to you – you have bought a property with a super built-up area, not a carpet area.
Highly recommended that you know the difference between Carpet Area & Super Built-up Area;
Carpet Area
“Carpet area is a real diameter of your house that is measured from wall to wall of it and that is what you pay in total – an area ...
... that you actually use within your home”
Super Built-Up Area, what then?
Super built-up area is a sum of carpet area and built-up area with much more space offered. Many real estate companies have made it a trend today to use this term often, relating the home prices to it – even an area to be worth that may not come along with your home frontier unfortunately.
Super built-up area is an area that comes in common share within the whole apartment (flat) with proportionate share being distributed to all the members accordingly. The area may include space for staircase, elevator, common plot, hallway and other joint space. It is also evident that some may also include terrace space, security room or electrical room within the whole price.
Make sure what you buy for,
When it comes to visiting any housing scheme, ensure you now enquire about the total area (to be used within the home; not an extra space) and related prices so far. Paying for super built-up area may possibly end up a house with at least 35% to 40% deduction size contrary to a total price paid for. Confirm paying for home with space that only comes within it, not outside of it.
Be careful…
Yes, when it is about to buying a house; especially enquiring about the carpet area; not a super built-up one. Whether it is an old property or new one, both will have somewhat loss in super built-up area, more or less. There is no fixed ratio for setting up a space management to super built-up area; thus negotiating with your realtors will be a certain benefit to you.
There have been many positive moves from government authorities to practice such housing selling exercises with regulations to have the houses available within the carpet area only. Rules are in progress; may take a bit longer to be completely imposed upon – till then, it is our obligation that we truly understand this issue and approach the market very accordingly; closing the property deal the way you always wished!
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