Calculating the Area of the House
In this mad real estate rush, builders often bombard you with brochures, flyers,
flashy presentations and smart sales pitch peppered with some buzzwords. For a new
buyer, all this might be overwhelming and even confusing. One such thing is the
area of the house.
Real estate firms often use three different concepts (carpet area, built-up area
and super built-up area) to convey the area of the house and the buyers must be
aware of what the builder or seller implies when he talks about the area of the
This is the area that is within the walls of your home. It gives you an idea of
how much space is enclosed by the walls of your home. Note that this does not include
the area occupied by the walls. In other words, if you were to lay out a wall-to-wall
carpet in your home, this much is the area you carpet has to have.
Built-up area includes the area enclosed by the walls and the area occupied by the
walls. This would be higher than the carpet area as it is the some of carpet area
and the area of the walls.
Super Built-up Area
Most builders and developers often use this term to convey the area of the house
or apartment. Super built-up area includes carpet area, the area occupied by the
walls and your apartment’s proportionate share of the common spaces of the building
such as the lobby, lift, staircase and corridors.
Some builders even include the terrace, pump house, security room, the area occupied
by the compound wall of the building. The total area of these is divided by the
number of flats in proportion to their size and the result is added to the super
Always check with your builder or seller what exactly he means by super built-up
area and how he calculates that figure. Then make comparisons between various houses
you are considering to buy. Do not compare carpet area to built-up area or built-up
area to super built-up area, etc. To get the best value for your money, stick to
one concept of area of the house.
Also while purchasing lands or plots do not be confused with various units used to measure the area, such as square feet, square yards,
acres and hectares.
Calculators ease the work of property owner while entering
their property details in the forms.
What is an EMI?
EMI (Equated Monthly Installment) is the amount
payable to the lending institution every month,
till the loan is paid back in full. It consists
of a portion of the interest as well as the principal.
How is an EMI calculated?
EMI Formula: l x r [(1+r) n / (1+r) n-1] x 1/12
l = loan amount
r = rate of interest
n = term of the loan
Area Conversion Calculator
Here is a simple calculator to convert the measure of area of a land from one unit
to any other related units.