Buying a house is an important decision in one’s life, and a lot of time is spent mulling over it. The process may seem daunting, especially for a first-time homebuyer, and it is necessary to familiarize yourself with oft-used terms. Home investors familiar with the terms built-up area, super built-up, and carpet area can make clear decisions when buying property.
Built-up Area – The built-up area comprises 70 to 80% of the super built-up area of a residential property. This is the total of the carpet area and the area of interior and exterior walls, staircases, and other areas. The area of terraces is also included in the built-up area. The built-up area is usually 10 to 15% more than the carpet area of a property. This is calculated by adding the carpet area, area of walls, balcony, terrace, and corridor if present.
Super built-up Area – Super built-up area is the area that homebuyers are usually charged for when they buy a property. Also known as the saleable area, it is the sum of the built-up area and the common areas. The common areas will include corridors, lifts, staircase, and indoor amenities provided in the development. This does not include the compound walls, parks, gardens, driveways, swimming pools open to the sky, and open sports amenities. This value is calculated by adding the built-up area and the common area.
Carpet Area – The net usable area in a residential property, which can be covered by a carpet, is called the carpet area. This is the area between inner walls and includes the area of all the living spaces within the property. This does not include the area of interior and exterior walls, amenities, common areas, or staircases. This is calculated by subtracting the thickness of the walls from the total living area of the property.
The Prestige City new launch township at Sarjapur Road, East Bangalore.
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