Know The Difference Between Built Up And Carpeted Area

If you are new in this business of investing with regards to the Real Estate sector then, there are a few basic terminologies which you have to be familiar with before dealing in real estate.
These terminologies are used in the market of Real Estate Industries, and it is vital to know the meaning of each of them. It is crucial, especially for buyers, so that the real estate agents do not take advantage of you.
The primary measuring mediums in the Real Estate Industry are Carpet area, Built-up and the Super built-up. These are applied to calculate the area of any plot that you are thinking to settle for.

Carpet Area

As the very name suggests, Carpet area is nothing but the field of a house in which a full-fledged carpet can be laid. In more simple words, carpet area covers the entire floor area between the inner walls of the house. To make it even easier to understand this, it is the total area in a room which is usable. Please note that the carpet area is not inclusive of the area covered by stairs, floor corridors, play zones, lobby, community hall area, & so on.  It has presently become a trend among realtors to only mention the Built-up or super built-up area and charge for the same. A total of around 70 % of the built-up area is carpet area. So, always base your decision on buying a house in the carpet area, as it gives you a fair idea about the available usable space. For homes with great carpet area in Ahmedabad visit our website.

Built-Up Area

The built-up area is more than the actual carpet area by a minimum of 10 %. In simpler terms, the built-up is the total of carpet area and the amount of area covered by inner walls as well as the space covered by balconies, lawns, and terrace.
So, in conclusion, only 70% of the total built-up area (approximately) is the usable space of one unit. For instance, if the total built-up area is 900 square ft., it will leave you with the remaining or Carpet area of 630 sq. ft. which can be utilized by you. Luxurious homes at affordable rates are available at Silver Brook in Ahmedabad.

Super Built-Up Area

It is calculated by adding the markup for common spaces to the built-up area. These common spaces include the ones on the floor (lifts, staircases etc) and those in the building (entrance lobby, electrical room, pump room, flower beds etc). Basically, it includes all the common amenities that are built, but not directly charged to the customer.

Source from Difference Between Built Up And Carpeted Area.

Tips for First time Home Buyers - Gujarat

Ahmedabad metro to push city’s real estate market

Buying a home is always a crucial decision, and not one that can be made without due consideration to several factors. While budget usually comes up on the top, the strategic location and physical infrastructure are also contributors.

If we look at the city of Ahmedabad, the approval of the Ahmedabad Metro Rail Project Phase 1 is expected to lift the face of real estate in Ahmedabad. The metro phase 1 stretch covers two corridors – the North-South corridor starting from APMC, Vasna to Motera Stadium followed by the East-West corridor starting from Thaltej Gam to Vastral Gam.

If you are planning to buy a house in Ahmedabad, then localities near the upcoming Ahmedabad to Gandhinagar metro belt can be considered for good returns.  With metros having mushroomed in all major cities of India, prices of the properties around the metros’ have escalated.  In Ahmedabad too, real estate around the proposed metro line is expected to rise. The most popular of places to investment in real estate in Ahmedabad would be around SG Highway.

Connectivity directly affects a buyer’s decision of selecting a locality. The upcoming metro belt will pass through the main city of Ahmedabad to the hub of IT and electronics industry (Gandhinagar). It will decongest some of the traffic marred areas of the city and will also ensure rapid connectivity to commuters.

Would the new metro lines affect property prices?

While the rental property is unaffected, the metro stretch has already started witnessing a rise and in future is expected to go further. The middle class is expected to invest in these areas as home buyers from this segment prefer to live in areas having good metro connectivity. Not only does it makes commuting easier, but it also increases the cost of properties, status and general infrastructure around.

Would the metro line bring new construction plans?

The upcoming Thaltej Gam Metro Station is close to some of the upcoming real estate projects offering residential and commercial options.

Prior to the announcement of the metro, these areas had a sizable demand for housing but with the coming of the metro, the area is expected to witness more development and investments.

Areas such as Hebatpur, Sindhu Bhavan Road and 5 km from Thaltej metro station Avirat Group has some of its commercial and residential projects coming up. Not only are these in the vicinity of the metro lines but are also great properties to invest in.

All these areas are within 3-6 km radius from the new coming up metro station.

Localities to become accessible due to the upcoming metro are Motera Stadium, Sabarmati, AEC, Sabarmati Railway Station, Ranip, Juna Vadaj, Usmanpura, Ashram Road, Nava Gandhigram, Madalpur, Paldi, Anjali, Vasna, APMC, Thaltej, Doordarshan Kendra, Gurukul Road, Commerce Six Road, Stadium, Ashram Road, Shahpur, Gheekanta, Kalupur Railway Station, Kanakaria East, Apparel park, Amraiwadi, Rabri Colony, Vastral and Nirat Cross Road.

Both buyers and investors have ample reasons to invest in Ahmedabad, with the new metro line set to bring enhanced connectivity and might work as an added reason for investment.

Source – The Economic Times 2017