What is Carpet Area as per RERA? Definitions and Importance
What is RERA Carpet Area? The Indian real estate industry has seen tremendous transformation as a result of the Real Estate (Regulation and Development) Act, or RERA. One of the key aspects it addresses is the definition of carpet area. Definition: The net usable floor area of an apartment is the definition of carpet area under RERA.It is the area enclosed within the walls, where a buyer can actually lay a carpet. This includes spaces covered by internal partition walls, but excludes external walls, balconies, verandas, and common areas like lobbies and staircases. Inclusions: Under RERA, the carpet area includes all rooms, such as the living room, bedroom, kitchen, and bathrooms, but it does not cover the external walls, balcony, terrace, or any common areas shared among residents. Accuracy: RERA ensures that homebuyers have a precise and standardized understanding of the actual living space they are purchasing, eliminating any ambiguity. Why is RERA Carpet Area Important? Uni...