Investment in real estate is currently one of the most lucrative modes of investments. Dahisar is a suburb of Mumbai and is one of the upcoming real estate hubs in the city. Dahisar East has all the ingredients that any home buyer wishes for. It has the best connectivity, social infrastructure and a thriving urban life in the heart of the metropolis. Investing in a property in Dahisar East would be a lucrative decision assuring excellent returns. But before investing, investors must know basic real estate terms without which it would be very difficult to make informed decisions.

Carpet Area

The definition of carpet area remains the same for all the flats in Dahisar East.

It includes:

1. The complete floor area covered in a carpet was to be laid on it.

2. The thickness of the walls between the rooms.

3. Staircase, if any, only inside the property.

It does NOT include:

1. Area covered by the external walls.

2. Areas under service shafts.

3. External areas like the Balcony, veranda, terrace, and flower beds

Built up Area.

The Built Up area is the sum of the carpet area and the area covered by the separating walls and the balconies. The builtup area is usually 20% to 30% more than the Carpet area.

An easy formula to calculate the Built Up Area can be: 

Built Up Area = Carpet Area + Thickness of the external walls + Balcony area + Exclusive Corridor area

Super Built Up Area or Super Area

A Super Built Up or super area is a total saleable area that includes the built up area and common areas like the staircase, lobby, corridors, lifts, and amenities like gardens and a clubhouse within the confines of the building property.

So if you were to invest in 2 BHK apartments in Dahisar East the carpet area, built up area and super built up area are important terms to know.

Loading Factor

The difference between the propertys super builtup and carpet areas is known as the loading factor. To calculate loading factor, we use the formula:

Super built up area = Carpet area *(1 Loading factor)

So, if the loading factor is 1.3 then the 0.3 component of the loading factor constitutes the outer walls and amenities of the building.

To make it simpler, it is also expressed as a percentage. If for instance, the loading is said to be 30 percent, it means the developer has added 30 percent of the carpet area to the construction.

As per RERA (Real Estate Regulatory Act), the property prices should be based on the carpet area and not on built up or super built up areas. Developers often confuse property buyers with jargon. By understanding the key terms and their usage, investors can be assured of their investments in the upcoming property in Dahisar East.