Planning to buy a house for long term stay with family across generations or as a
temporary investment to save taxes and confused about the terms used in real estate advertisements? Here is a list of the most common terms that are used in real estate market by all the parties involved which could help sort out basic doubts related to the industry.
Carpet area
This refers to that part of the house which can be actually used, or the enclosed space within internal and external walls of the house that can be carpeted. Carpet area does not include the space used by walls, but it takes into account the area stretching across private terrace and balcony as a part of the main or the actual area.
Built-up area
This term denotes the square inch of the house from the internal and external walls to carpet area, including terrace and balcony. In some regions, this is referred to as plinth area, which is usually around 10-20 percent more than carpet area.
Super built-up area
This comprises of built-up area and common areas of the building like lifts, staircase, corridors, and lobby, which are divided proportionately between all the flats within the building.
