Understanding Carpet Area and Super Built-up Area

December 4th, 2011 Posted in Investments, Real Estate

There are many jar­gon being used in the real estate mar­ket which are con­fus­ing and mis­lead­ing. Most of us are unaware of these terms and end up pay­ing more than what we are actu­ally sup­posed to pay while buy­ing a property.

We will dis­cuss only three impor­tant terms – Car­pet Area, Built-up Area and Super Built-up Area.

Car­pet Area

Car­pet area is the actual usable space in a house.

Built-up Area

It is the total space a house con­sumes which includes the car­pet area and the area of the walls put together. It is approx­i­mately 10% more than the car­pet area. The area of a ter­race is usu­ally con­sid­ered as half of the built up area.

Super Built-up Area

The Super Built up area includes built up area plus com­mon usable spaces like stair cases, pas­sages or lifts. This is usu­ally 25% more than the Built up area. The Super built up area is also known as the Saleable Area.

Let us see how these cal­cu­la­tions are done through an example:

Sup­pose the saleable area of a prop­erty given in an adver­tise­ment is 875 Sq.ft. How much is the actual car­pet area?

To arrive at the car­pet area, mea­sure the area of each bed room, din­ing room, liv­ing room, kitchen and toi­lets and add them up. Now add half of the area of the ter­race and area of any com­mon pas­sage to this total. This is the actual usable space or car­pet area of the house you are buying.

Sup­pose the car­pet area that you arrived at is 700 feet. But sup­pose the super built up area shown in the adver­tise­ment is 875 sq.ft. How did they arrive at this fig­ure? As men­tioned above, the Super Built up area includes built up area plus com­mon usable spaces like stair cases, pas­sages or lifts. This is usu­ally 25% more than the car­pet area. The Super built up area is also known as the Saleable Area. As a sim­ple mode of cal­cu­la­tion, mul­ti­ply the car­pet area by 1.25 to arrive at the Super built up area or saleable area. Thus 700 * 1.25 = 875 sq.ft. So the total area for which you are required to pay is 875 sq.ft. The rate payable is per square foot decided for the prop­erty accord­ing to the loca­tion and ameni­ties provided.

In short, effec­tively, you get only 700 sq. feet of actual usable space when you pay for approx­i­mately 875 sq. feet of prop­erty because of this dif­fer­ence in car­pet area and super built up area. When­ever you are in doubt, you can apply the thumb rule of mul­ti­ply­ing the car­pet area by 1.25 to arrive at the super built up area and with the same method, you can com­pare the prices of var­i­ous prop­er­ties avail­able for sale and go for the best deal among them.

Hid­den Costs

Some builders, mis­guide peo­ple and show only the basic price of the prop­erty and they inten­tion­ally hide var­i­ous other charges payable like main­te­nance charges, cost of power gen­er­a­tor, lift charges, car park­ing, cost of fur­nish­ing of kitchen, elec­tri­cal fit­tings etc. The total cost of the prop­erty may over­shoot your bud­get when you pay for these ameni­ties sep­a­rately. There­fore, it is quite essen­tial to check what all facil­i­ties are included in the quoted price of the property.

It is bet­ter to put all facts and fig­ures on paper and cal­cu­late the area, price, ameni­ties, facil­i­ties, ROI due to cost appre­ci­a­tion and rental income, tax lia­bil­i­ties etc. before decid­ing on pur­chas­ing a property.

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Related posts:

  1. How big is your flat? Do you know?
  2. Real Estate Terminologies
  3. Check­list before buy­ing a property
  4. Things to know before buy­ing a flat
  5. How to assess and pay prop­erty tax in Mumbai

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