ARL-40 JARGONS... which you come across while buying a Flat Built-up Area This includes the carpet area and the area occupied by the walls, corridors, basement, lobbies, lift area, staircases, etc. When purchasing the property, you pay for the built up area but occupy only the carpet area. For example, in case of a terrace, usually half of the terrace area is considered as chargeable area for different purposes. In this case the built-up area is carpet area + area of walls and ducts + half the area of the terrace. Built-up area is normally 10% more than the carpet area.
Posted on: Sat, 29 Nov 2014 06:14:11 +0000
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