RERA identifies ‘Carpet Area’

RERA identifies ‘Carpet Area’
  • General
  • Monday 22nd January 2018
  • Author: Jyoti Sharma

Highlights

  • The balloon of uncertainties has been burst out as RERA explains the ‘carpet area definition’.

  • Real Estate Regulatory Authority made it compulsory for developers to make the customers aware of the land area and stated that “henceforth, developers are legally bound to disclose that how many units of carpet area will be sold and what quote price will be decided on the basis of carpet area”.

  • ‘The carpet area is defined as The net usable floor area of an apartment, excluding balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment”.

  • UP RERA rules’ clause 4(3) says that “builders can’t do registration on basis of the super area even if they are doing so, earlier”.

The balloon of uncertainties has been burst out as RERA explains the ‘carpet area definition’. Lately, homebuyers were suffering because developers were not disclosing about carpet area and what quote price would be based on this (carpet area). This led to numerous problems which were faced by homebuyers. They were paying hefty amount without even knowing the exact area. This whole thing was ended up in consumer courts for legal action because no one wants to pay what one is not getting. To minimize these kind of cases Real Estate Regulatory Authority made it compulsory for developers to make the customers aware of the land area and stated that “henceforth, developers are legally bound to disclose that how many units of carpet area will be sold and what quote price will be decided on the basis of carpet area”. 

Now “carpet area” definition has been fixed and builders can’t make any excuse. As per the guidelines, which has been directed by RERA, ‘the carpet area is defined as the net usable floor area of an apartment, excluding balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment”. However, Carpet area definition can easily understand by one-liner definition which is, it is a net usable area in which one can spread a carpet. Basically, there are three different ways to understand the categorization of the area. First is Carpet Area, second is Built-up area and last is Super built-up area. Carpet area, or the net usable area, is the space where one can spread a carpet. The built-up area includes the carpet area, plus the extra areas certified by the authorities, such as the area of the outer and inner walls, dry balcony area, etc. Super built-up area includes the carpet area, the built-up area, as well as a share of the balance area, such as the stairs, lobbies and galleries, which can be used by the entire building. Although RERA has decided the standard area (carpet area) at which builders should register the apartments for customers, builders from many states are on the mission to register the buyers’ request for flat on the super area which is not authentic. This is the sole reason that buyers are paying the colossal amount in stamp fee to the government as well as the respective builders and getting less area. Also Read:- No loans for builders not registered with RERA

Mukul Singhal, the chairman of Uttar Pradesh real estate regulatory authority (RERA), talked about present day scenario in Noida that how builders are doing the registrations on super built-up area without even letting the buyers know about the authentic area which is “carpet area” and how the projects are getting delayed because of this. But now, UP RERA rules’ clause 4(3) says that “builders can’t do registration on basis of the super area even if they are doing so, earlier”. Buyers are complaining that authorities are still registering on builders’ proposal without scrutinizing official documents. The President of the CREDAI, Getamber Anand stated that “builders are taking advantage of RERA negligence by not mentioning that registration should be done on the carpet area, anywhere in India.

TAGS:- RERA    UP RERA rules    CREDAI

 

 

More Blogs

Have Questions on RERA ? Have free discussion on email .