Buying a home is fun and key. Above all, one big thing to look at when you buy a home is its size. You may hear words like "carpet area" and "RERA carpet area." What do these mean? Furthermore, why should you, as a buyer, know the gap between the two?
If you're new to real estate, these two terms may sound alike but mean two types of space. Consequently, this mix-up can hurt your buying choice. You might not get the real size of the home you want.
This guide will clear things up. Therefore, we'll show why you need to know the carpet area and the RERA carpet area difference when you buy a home.
First, let's define "carpet area." It's the space in your flat or house you can use — the floor where you can put a carpet. Additionally, it has all rooms but no outer walls, decks, or other spots like stairs or lifts.
In the past, this had no clear rules. As a result, this made space hard to count. Some builders put in walls or shared spaces like lifts as part of the area. Hence, this made the space look big. So, home buyers thought they had more space than they did.
This fuzzy way of size made it hard to see what was what. Meanwhile, it was tough for buyers to check homes side by side. This is why RERA (Real Estate Rules and Growth Act) came in to help make things clear.
In 2016, the Indian law made RERA rule real estate. Notably, one big help was to set up one way to count carpet areas. It made sure all builders used the same clear way to count space.
So, what is the RERA carpet area? According to RERA, it's the net floor space you can use in a flat. In addition, it has inner walls that split rooms but no outer walls, decks, or shared spaces like lifts or stairs.
The main gap between these two is that RERA adds inner walls. By adding these walls, RERA gives a more true view of the space you can use. Generally, RERA carpet is 5-10% more thanthe old carpet area as it adds inner walls.
To help you see the gap, let's break down key ways carpet area and RERA carpet area difference:
Inner Walls Count: RERA carpet has the inner walls that split rooms, but the old carpet area does not. Consequently, this makes RERA more true and set.
Clear and Same Rules: RERA set clear, same rules for how to count carpet areas. Subsequently, all builders now use the same rules. This set way means you can trust the size and check homes side by side.
No Shared Space: Both the old carpet area and RERA area have no outer walls, decks, or shared space like lifts. However, the old carpet area was not the same from place to place. Thus, this made it hard for buyers to check space in homes side by side.
Knowing the gap between the two types of carpet area is key for these facts:
1. True Price Check
Real estate carpet area is used to set home prices. If you don't know if the size is the old way or RERA way, you might pay too much or guess too low. When builders use a RERA carpet area, you can trust that the size is set and clear. As a result, this makes it easy to check prices for homes side by side.
2. Good Space Plans
Knowing the right RERA area helps you plan how to lay out your home. Since RERA has inner walls, it shows a more real view of the space you can use. With this, therefore, you can plan where to put your couch, how to set up rooms, and how to use all space well.
3. No Fake Sales Talk
Before RERA, some builders bent size rules by adding walls or shared space. Accordingly, this made homes look big. With RERA, you can trust that the size is set and true. In effect, this cuts the risk of fake big size.
4. Smart Cash Choice
For folks who buy homes to make cash, knowing old vs. RERA carpet areas helps you see the true worth of a home. Ultimately, you can make good moves on sales or rent.
To count the RERA area is easy. Specifically, it's the net space you can use plus the space of inner walls. Here's the calculation:
RERA Carpet Area = Net Space You Can Use + Space of Inner Walls
Let's see this in real life: If the net space you can use in a flat is 800 square feet, and the inner walls take up 40 square feet, then the RERA carpet area would be:
= 800 + 40 = 840 square feet.
Overall, this math gives a more true and full size of the space you get.
Tips for Home Buyers: Make the Right Choice
Check What Size Is Used: When you talk to builders or sales folks, ask if the size is old real estate carpet area or RERA area measurement. Eventually, this small task can help you dodge mix-ups down the road.
Ask for Floor Maps: Get floor maps with clear sizes. Likewise, this helps you see how the space will work for you. It also lets you see how much space the inner walls take up.
Think of Your Life Needs: While the RERA area gives a clearer view of the home side, it's key to think of your life needs too. Simultaneously, think of your things, how you plan to use each room, and how you want to set up your space.
The RERA carpet measurement changed the home sales world. It gives clear, set rules. Home buyers can now trust that the size they are told is true. Therefore, this cuts the mix-up that was there in the past. By knowing the old carpet area from the RERA carpet area, you can make smart moves, get good value for your cash, and plan your space well.
When you check homes side by side, ask if the size is based on old or RERA size. In conclusion, this will help you shop with trust and make the right pick for your home.
By knowing these key facts, you'll be in a good spot to make moves that fit your cash, life, and space needs. Finally, have fun house hunting!
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