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calculation of carpet area

Last updated: September 6 2013
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  • calculation of carpet area

    Does the carpet area calculated by the builder vary from the carpet area as measured by the bank valuer.
    ajit
  • #2

    #2

    Re : calculation of carpet area

    No rules are there to calculate carpet area....every builder has his own rule.....so it should differ

    Comment

    • #3

      #3

      Re : calculation of carpet area

      Originally posted by kothrud_pune View Post
      No rules are there to calculate carpet area....every builder has his own rule.....so it should differ
      Are you sure? As per my understanding, carpet area can be physically measured by anyone, by simply measuring the inner area of all the rooms. Is my understanding correct? If so, how can the carpet area vary? In any case, builders say anything. To translate from hindi "what their father goes?".
      Last edited December 2 2009, 04:09 PM.

      Comment

      • #4

        #4

        Re : calculation of carpet area

        Carpet area is area which can be covered by carpet in an apartment or house

        Total area is plinth or built up area.

        Is Terrace / balcony included in carpet area ?

        Comment

        • #5

          #5

          Re : calculation of carpet area

          /* Definition */
          Built-up area: The built-up area refers to the entire area of the floor including carpet area, walls, lobbies and corridors, atrium areas and basement. In Delhi, the lift areas and staircase areas are included in the built-up area. In Mumbai, the basement, staircase, lift, and utility rooms like generator and electricity rooms are also taken as built-up area. In Bangalore, the basement is not included in the built up area and in Chennai, the basement and atrium areas are excluded. As always, check with your builder/broker on what definition they are using.
          Carpet area: It is the actual usable area within the walls of the floor.
          Super area: This generally refers to the entire area of the building including carpet area, walls, lobbies and corridors, lifts, staircases basements, and other atrium and utility areas. In Delhi, the basement is not included in super area unless it is being used for commercial purposes. In Mumbai, the area under water tanks and other utility rooms are included in the super areas. In Chennai, the basement and atrium areas are included in the super areas whereas in Bangalore, the basement is not included in the super area.
          Efficiency ratio: Efficiency ratio is generally expressed as a percentage of carpet to super areas of the property
          Floor Space Index (FSI): Floor space index is the quotient of the ratio of the combined gross floor area of all floors excepting areas specifically exempted under these regulations to the total area of the plot.
          Maintenance charges: These are charges taken by the maintenance society towards the maintenance of the property which includes costs of generator sets, security, landscaping, and common areas.
          Market value: Valuation process evaluates the market value of the property. Demand and supply forces in the market and factors like type of property, quality and construction, its location, infrastructure and available maintenance are taken into consideration. Market value of the property is the price that the property commands in the open market.
          Stamp duty: is a type of tax collected by the Government of India. Stamp duty is based on the market value or the agreement value whichever is greater.
          Sale deed: The sale deed gives the buyer the absolute and undisputed ownership of the property. By executing this, the seller transfers his right of property to the buyer. It is executed subsequent to the execution of the sale agreement and after compliance of various terms and conditions detailed in the agreement.
          Registration charges: These are the fees associated with getting the legal title registered in your name. This legal activity is conducted in the sub-registrar’s office in your local court.

          Comment

          • #6

            #6

            Re : calculation of carpet area

            Originally posted by asliarun View Post
            Are you sure? As per my understanding, carpet area can be physically measured by anyone, by simply measuring the inner area of all the rooms. Is my understanding correct? If so, how can the carpet area vary? In any case, builders say anything. To translate from hindi "what their father goes?".
            What I mean to say is ,there are no rule for carpet to built up area ratio.Builder generally mention built up area in agreement while carpet can be measured easily as mentioned by other.50% of terrace is calculated in area.

            Comment

            • #7

              #7

              Re : calculation of carpet area

              Thanks guys for all the reply.
              My problem is that the builder has said that the carpet area in 860.00 sq ft.

              Bank valuer says its 706.00 sq ft

              my measurments is 844.00 sq ft

              there is a huge difference between what the builder says and the bank valuer, why???

              Comment

              • #8

                #8

                Re : calculation of carpet area

                Yes , true there is no firm formula for the carpet area. Builders charge from 25 % to 30 % based on their own calculations. In Mumbai it is even more.

                Comment

                • #9

                  #9

                  Re : calculation of carpet area

                  Originally posted by jigarshah View Post
                  /* Definition */
                  Built-up area: The built-up area refers to the entire area of the floor including carpet area, walls, lobbies and corridors, atrium areas and basement. In Delhi, the lift areas and staircase areas are included in the built-up area. In Mumbai, the basement, staircase, lift, and utility rooms like generator and electricity rooms are also taken as built-up area. In Bangalore, the basement is not included in the built up area and in Chennai, the basement and atrium areas are excluded. As always, check with your builder/broker on what definition they are using.
                  Carpet area: It is the actual usable area within the walls of the floor.
                  Super area: This generally refers to the entire area of the building including carpet area, walls, lobbies and corridors, lifts, staircases basements, and other atrium and utility areas. In Delhi, the basement is not included in super area unless it is being used for commercial purposes. In Mumbai, the area under water tanks and other utility rooms are included in the super areas. In Chennai, the basement and atrium areas are included in the super areas whereas in Bangalore, the basement is not included in the super area.
                  Efficiency ratio: Efficiency ratio is generally expressed as a percentage of carpet to super areas of the property
                  Floor Space Index (FSI): Floor space index is the quotient of the ratio of the combined gross floor area of all floors excepting areas specifically exempted under these regulations to the total area of the plot.
                  Maintenance charges: These are charges taken by the maintenance society towards the maintenance of the property which includes costs of generator sets, security, landscaping, and common areas.
                  Market value: Valuation process evaluates the market value of the property. Demand and supply forces in the market and factors like type of property, quality and construction, its location, infrastructure and available maintenance are taken into consideration. Market value of the property is the price that the property commands in the open market.
                  Stamp duty: is a type of tax collected by the Government of India. Stamp duty is based on the market value or the agreement value whichever is greater.
                  Sale deed: The sale deed gives the buyer the absolute and undisputed ownership of the property. By executing this, the seller transfers his right of property to the buyer. It is executed subsequent to the execution of the sale agreement and after compliance of various terms and conditions detailed in the agreement.
                  Registration charges: These are the fees associated with getting the legal title registered in your name. This legal activity is conducted in the sub-registrar’s office in your local court.
                  Got a general drift but how to identify if the builder is quoting the correct figure as carpet area or not. Is there any way to check what is being stated by builder as carpet area with the actual approx figures. Many a times, rival brokers and builders state that other party is giving false infromation and carpet area as stated is incorrect leading to doubts in mind of buyer.

                  Comment

                  • #10

                    #10

                    Re : calculation of carpet area

                    Some builders are double crooks

                    Carpet area is same irrespective of the builder, it's the built-up area which changes based on loading factor & the salable differs based on terrace/balcony area as some builders charge right from 30-100%.

                    You can simply take a tape & measure the carpet area. It has to be same as those dimensions shown on the floor plan. However, I have come across many builders who just show built-up & salable area though carpet area needs to be mentioned in the brochure/floor plans.

                    Mittal builders, Paranjape schemes do show carpet area but several others don't have carpet included though it is rule bound to disclose carpet area.

                    Those builders who don't mention carpet area, it is best to avoid them.
                    If you are happy, you are successful.

                    Comment

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