Flats will now be cheaper for Noida home buyers.
There is good news for home buyers in Noida. Noida Authority has issued an order saying that now the registry of the flat will be done on the carpet area only. This order of the authority has given relief to countless home buyers of Noida, who have been demanding for a long time to register the flat not on the super area but on the carpet area. Developers have been increasing the prices of flats in the name of super area.
What are experts saying?
Real estate industry experts say that this will reduce the cost of flat registration of people. With this, property will become affordable for homebuyers. ANAROCK Group Vice Chairman Santosh Kumar says that orders have already been issued by RERA that developers should sell flats only on the basis of carpet area. They should not sell flats on the basis of super built-up area. Although according to this order the developers have started mentioning the carpet area but they maintain confusion and take money according to the super built area at the time of registration. Now with this order of the authority, complete transparency has been restored. This will greatly benefit the homebuyers.
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What are carpet area and super area?
The area of the apartment or flat in which you will be able to lay the carpet is called carpet area. This means that the carpet area is the only space that you will be able to use in your home. The carpet area of the apartment or flat does not include the thickness of the interior walls, the space used in the lobby of the building, elevators, stairs and play area, etc.
Super area is the area which includes things of common use within that project such as generator room, park, gym, stairs, lift, lobby, tennis court etc. Usually all builders flat on the basis of super area. sell.
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