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Tag: carpet area

Home ยป carpet area

Taxation
By Anuradha RamamirthamMay 29, 2025

MCGM Property Tax 2025: All you need to know about tax levied in Mumbai by BMC

Property tax has to be paid by all property owners to the local municipal body irrespective of the type of property owned. A key revenue source for the municipal body, this is used to … READ FULL STORY

Must Knows
By Riddhi ChatterjiSeptember 9, 2024

RERA full form: Everything you need to know

The Real Estate (Regulation and Development) Act, 2016, (RERA) is an act passed by the Indian parliament. The RERA seeks to protect the interests of home buyers and also boost investments in the real … READ FULL STORY

Property Trends
By Dhwani MeharchandaniMay 11, 2025

Difference between carpet area, built-up area and super built-up area

Understanding the terms carpet area, built-up area, and super built-up area is essential when purchasing property. These measurements define the actual space you get within your home and how much you’re paying for it. … READ FULL STORY

Current News
By Harini BalasubramanianJanuary 19, 2024

Flats to be registered based on carpet area in West Bengal

January 19, 2024: West Bengal has revised the flat and house registration module according to the Real Estate Regulatory Authority guidelines, according to a TOI report. Houses and flats in the state will now … READ FULL STORY

Current News
By Harini BalasubramanianJanuary 5, 2024

UP RERA directs developers to sell units based on carpet area

January 4, 2024: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed all residential project developers to ensure the sale of apartments based on carpet area only, according to media reports. As … READ FULL STORY

Property Trends
By Sunita MishraOctober 5, 2023

Plinth area: Meaning, calculation, inclusion and exclusion

One of the terms that define the size of a residential or commercial property is plinth area. A proper knowledge of plinth area is important for all prospective homebuyers. What is plinth area? The … READ FULL STORY

Property Trends
By Ravi SinhaJuly 4, 2021

Attached balconies in apartments: Necessity or luxury?

In the post-COVID-19 era, as the concept of cross ventilation, open spaces and wellness gains ground, balconies in apartments have once again become a focus area in urban real estate markets. While individuals from … READ FULL STORY

Must Knows
By Vibha SinghJuly 8, 2023

RERA carpet area: How carpet area definition changes in RERA

The area of a property is often calculated in three different ways โ€“ carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a … READ FULL STORY

Must Knows
By Sunita MishraApril 28, 2022

30 terms all home buyers should know

Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY

Property Trends
By Ravi SinhaFebruary 19, 2021

Pros and cons of opting for projects with amenities

Radhika Mehta, a software professional, bought an upscale 1,500-sq-ft apartment at Vaishali, Ghaziabad, in a project with high-end amenities for Rs 2 crores. Her long-time chartered accountant friend, Sarthak Sharma, preferred to buy an … READ FULL STORY

Property Trends
By Balwant JainFebruary 2, 2021

Budget 2021: Tax holiday for affordable housing under Section 80IBA extended for another year

In a move that could incentivise the construction of affordable homes in India, finance minister Nirmala Sitharaman, on February 1, 2021, extended the scope of the tax holiday provided to affordable housing projects. By … READ FULL STORY

Property Trends
By Housing News DeskNovember 3, 2020

Mumbai DCPR 2034: Can it solve Mumbai’s real estate problems?

As the much-awaited Development Plan (DP) 2034 of Mumbai was unveiled by the state government in May 2018, the ‘Development Control and Promotion Regulation 2034 (DCPR 2034)’ was put up for public suggestions. Now, … READ FULL STORY

Interviews
By Jhumur GhoshDecember 19, 2019

Self-redevelopment puts societies in complete charge: Pranay Goyal, Wedevelopment

Q: What is self-redevelopment? How has self-redevelopment been a crucial aspect for societies, especially in aggressive real estate markets such as Mumbai? A: Under self-redevelopment, the entire redevelopment process is planned, executed and managed … READ FULL STORY

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