Announcement

Collapse
No announcement yet.

Carpet Area vs Saleable Area

Collapse
X
Collapse

Carpet Area vs Saleable Area

Last updated: June 10 2014
27 | Posts
  • Time
  • Show
Clear All
new posts
  • #21

    #21

    Re : Carpet Area vs Saleable Area

    Excel Utility

    Hi
    I have created a simple utility in MS Excel whereby you can enter the dimensions of the room and it calculates the carpet area and compares with the super area.

    Please provide your feedback.

    Prabal

    see attachment: areas.zip --> areas.xlsx
    Attached Files

    Comment

    • #22

      #22

      Re : Carpet Area vs Saleable Area

      Originally posted by prabal View Post
      Hi
      I have created a simple utility in MS Excel whereby you can enter the dimensions of the room and it calculates the carpet area and compares with the super area.

      Please provide your feedback.

      Prabal

      see attachment: areas.zip --> areas.xlsx
      thanx prabal.
      MM

      Comment

      • #23

        #23

        Re : Carpet Area vs Saleable Area

        Hey,

        Just a question.

        When builder says 1050 sqft apartment, is it a salable area or a carpet area?

        Comment

        • #24

          #24

          Re : Carpet Area vs Saleable Area

          Originally posted by nikhilraj View Post
          Hey,

          Just a question.

          When builder says 1050 sqft apartment, is it a salable area or a carpet area?
          By default they mean SUPER area. If its carpet area they will mention very clearly.
          MM

          Comment

          • #25

            #25

            Re : Carpet Area vs Saleable Area

            In India, flats are sold on Super Built Up area, which is also called as Saleable area.

            Super built up area is an imaginary mumber, does not mean anything. In music system, there is a term called PMPO ... like 5000 Watt PMPO. This marketing number is just at the whim of the builder.

            So look practically. What you need to do is, identify the key areas in your flat, like bed rooms, hall, dinning area, kitchen. Exclude all not important areas like balconies, receses, corners, dead ends, passages.

            Now calculate the carpet areas of key areas only. Calculate Total Cost / Key Carpet Area and then compare different project.

            The above calculation depends on you as some of the things are very subjective ... how you define a key area. Balcony may be a key area to someone and someone it is sheer wastage of space.

            Total Cost / Key Carpet Area is the right way to compare cost A'pple to A'pple.

            Comment

            • #26

              #26

              Re : Carpet Area vs Saleable Area

              For some understanding and history, look at here

              https://www.indianrealestateforum.co...?p=277#post242

              http://www.indianrealestateforum.com...3-post282.html

              Comment

              • #27

                #27

                Re : Carpet Area vs Saleable Area

                Pay for the area that you get

                TNS


                Area specifications that decide the total cost of an apartment are nothing less than a puzzle for a first time home buyer. The developers quote the per sq ft price for an apartment and the total area is mentioned initially, but while finalising the deal many buyers find that they have been made to pay for area that they actually do not possess. So this makes a good deal turn into an expensive one. It is important to know about the difference between super area, built up area and carpet area to avoid overpaying for your house.

                Points of difference

                Actually there are three different terms that the builders may use while calculating the cost of a residential unit. These are — super area, built up area and carpet area. For any customer understanding built up area is easier as this is the area which is under the possession of the customer. Built up area means the entire area enclosed by its peripheral walls, including area under walls, area under columns, half of the area of the wall common with the other apartment, area of plumbing / electric shafts of the said apartment, total areas of all balconies and cupboards and 50 per cent area of open terrace attached, if any, which forms integral part of the said apartment.

                Super area means the built up area plus the proportionate area used under common services and facilities like corridors, staircase, lift well, electrical panel and DG rooms etc

                The general practice in the real estate sector that is used while selling property

                If we talk about the NCR region then most of the builders use super area for calculating the cost of a property. But for buyers the built up area deal is the right deal.

                Relation between loading and these areas

                Loading is that proportionate common area that is added to the built-up area to get the super area. Many developers don’t declare the exact loading and mention vague figures like loading of 20 to 30 per cent and the buyer never comes to know how much extra he is paying on hidden loading. The buyers should see that the developer is mentioning an exact and firm loading irrespective of the size of the flat. Like in our case we maintain an exact loading of 20 per cent is maintained in all the sizes of the flats.

                Disadvantages of buying on super area basis

                The chances of overcharging and fleecing are more in this as it is only the developer and his architect who know the exact dimensions and thus there is no transparency for the buyer. So the customer can never imagine or challenge the disparity in the area booked and the area delivered to him.

                Benefits of buying at built-up area basis

                Anyone can easily measure it with just the help of a measuring tape and geometrical calculations. So the customer is sure that he will get what he is actually buying and he is paying for the area that he is actually going to use. So the pricing is more fair in such a case.
                Please read IREF rules | FAQ's

                Comment

                • #28

                  #28

                  Re : Carpet Area vs Saleable Area

                  Originally posted by MANOJa View Post

                  Disadvantages of buying on super area basis

                  The chances of overcharging and fleecing are more in this as it is only the developer and his architect who know the exact dimensions and thus there is no transparency for the buyer. So the customer can never imagine or challenge the disparity in the area booked and the area delivered to him.

                  Benefits of buying at built-up area basis

                  Anyone can easily measure it with just the help of a measuring tape and geometrical calculations. So the customer is sure that he will get what he is actually buying and he is paying for the area that he is actually going to use. So the pricing is more fair in such a case.
                  Thank you for posting this explanation as I have not bought in India before.

                  I am used to seeing floor space shown as a measurement of internal usable area. (Standard in Europe) The property will clearly be bigger externally than the quoted floor space.

                  If I am looking at a property, built up area is a more transparent way of comparing potential purchases?

                  Comment

                  Have any questions or thoughts about this?
                  Working...
                  X