SIGNIFICANT REAL ESTATE JARGON | EIPL INFRA HYDERABAD IN HYDERABAD

Though a significant jargon, the word ‘area’ is used in real estate in different ways and each one has a different meaning. ‘Car pet Area’ is the net usable floor area of an apartment and it does not include the external walls, areas under service shafts, balcony or verandah and open terrace area. This definition of Car pet Area is as per RERA. Car pet area includes the area covered by the internal partition walls of the apartment. It is the area of the apartment that can be covered by a carpet. ‘Built-up Area’ is the entire floor area of the apartment. It includes the car pet area, internal and external walls and the balcony. Built-up area is the actual area of the apartment. It is the area that is covered by the outer line of the apartment. More info https://eiplinfra.com/significant-real-estate-jargon/