Purchasing a beautiful home is undoubtedly the most emotional aspect of anybody’s life and the joy that comes with the anticipation of buying your slice of paradise on earth is incomparable. However, the practical task of purchasing a property or a home can be a challenging endeavour, given the enormous mountain of statutory requirements and myriad terminologies related to it.
As the best flat promoters Chennai, we assure that this article will enable you to understand the complexities of home buying and the best way to do so, while minimizing, to a considerable degree, the inevitable feeling of being burdened by the processes!
How about we begin
Realizing what’s in store, particularly in case you’re a first-time homebuyer, will go a long way – so let’s get started now! Knowing what to expect, particularly if you’re a first-time homebuyer, will enable you to make sound choices about your home buying. The initial part, as they claim, is the toughest and preparing yourself with the appropriate knowledge ought to never be belittled.
Ask questions – lots of them and don’t hesitate to request for a thorough house examination by a civil specialist when purchasing an old or new home. This will make it possible to locate issues that may require costly repairs or to fix any unnoticed faults in the house and save money and effort in the coming years.
Next up, do remember that when you’re checking out flats in Anna Nagar or flats in Ayapakkam, ensure that you enquire about the saleable area.
As is known, the cost of an apartment is typically dependent on its area of sale. However, there are a plethora of methods to understand and measure the saleable area. Understanding this clearly can have a major effect on
- the specific area you are provided by the developer, and
- the final sale price
It may sound convenient to rush into the decision to purchase the house immediately, but remember to examine every aspect related to home buying- It will have a huge role to play later on.
Let’s examine the other equally important terms-to-remember, shall we?
– Built-up area
– Carpet area
– Loading
– Per square foot rate
– Super built-up area
The built-up area
Several flat promoters Chennai prefer to describe the built-up area as the overall area that is calculated based on the exterior of the apartment, along with the patio, veranda, and so forth.
This alludes to the accessible area (or carpet area) of the house and the space bounded by the pillars and beams of the house and then some more. Remember, the built-up area will typically also comprise a proportion of:
- Veranda and/or patio
- Portion of the rooftop
- The floor of the upper deck or mezzanine
- Separated usable spaces, including the spaces for house help and staff
- Beams and/or Partitions
The Carpet area
Carpet area is the space between the walls of the apartment. It relates to space within the apartment where one can spread a carpet. Yet that’s not the half of it.
The carpet area also represents a significant proportion of several areas – including patios, balconies and verandas – something that a lot of people don’t include in their cost estimates.
Contingent on the developer, the carpet area of the apartment can range anything between 50-80 percent of the super built-up area as specified by the builder. Consequently, you must still inquire with the developer about the proportion of the carpet area to the super built space. The greater the proportion of the carpet area to the super built-up area, the more area you will have within the apartment.
Super built-up area
The Super built-up area or saleable area is the actual built-up area of the apartment and the commensurate portion of the general facilities in the property. Flat promoters Chennai also often refer to this as the saleable area.
It is worth remembering that the proportional distribution here pertains to the overall amount of all common spaces calculated with the overall number of apartments in the society.
