How is carpet area calculated? Why is it a mandated reference while selling?
The carpet area of a flat, etc is net usable floor area of flat + internal walls. But excludes external walls, balcony, terrace or verandah.
To curb the industry practice of charging more on additional area of flat, etc and as prescribed in incumbent legislation of MOFA (Maharashtra Ownership Flat Act, 1963), flat, etc are to be sold on carpet area only.
But MOFA also allowed to charge for common area which is incurred to the Promoter.
So what to do while buying a new flat, etc? Don’t compare oranges to apples, compare only carpet area or corresponding built-up/saleable area or rate per sq. ft. of flat, etc of the projects buyer would like to buy.
Looking for more such advice? Or, RERA consultation on your new home? Contact us today!
The information relayed in this blog should not be construed as legal advice. The applicability of information varies on the basis of the circumstances of each case. But feel free to call us for similar advice.
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