RERA full form means Real estate regulation act. This bill is actually pass by central government of India. And then every state govt. regulate with minor modifications as per their suitability in their states. There is a specific carpet area definition in RERA.
Carpet Area as per Real Estate (Regulation and Development) Act
The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can lead to a lot of disconnect between what you pay and what you actually get.
With REAR coming into the picture, it is now mandatory for the developers of all ongoing projects to disclose the size of their apartments on the basis of carpet area (i.e., the area within four walls). This includes usable spaces, like kitchen and toilets. This imparts clarity, which was not the case earlier.
Must Read: Understand Carpet Area, Build-up Area & Super Build-up Area
According to the RERA, carpet area is defined as ‘the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment’.
As per the RERA guidelines,
- Builders must disclose the exact carpet area to ensure transparency for buyers.
- This helps customers understand what they are paying for.
- However, RERA does not mandate builders to sell flats based on carpet area.
Conclusion
Under RERA, the carpet area refers to the net usable floor space within the apartment’s internal walls, excluding external walls, balconies, and service shafts. This regulation brings clarity to homebuyers, ensuring transparency in property transactions.
Understanding these details can help buyers make informed decisions when purchasing property.
Frequently Asked Questions
1. What is the carpet area as per RERA?
Carpet area is the net usable floor space inside an apartment, excluding external walls, balconies, and open terraces.
2. How does carpet area differ from built-up and super built-up areas?
Carpet area is the actual usable space; built-up area includes walls, and super built-up area also includes shared spaces like lobbies and lifts.
3. Is it mandatory for builders to sell flats based on carpet area?
No, RERA only requires builders to disclose the carpet area, but it does not mandate sales based on it.