asd
Wednesday, November 20, 2024

UPRERA Mandates Sale of Apartments Based on Carpet Area, Not Super Area

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has mandated that builders should sell apartments based solely on the carpet area, rather than the super area, as per officials.

Selling units based on super area is deemed unjustifiable under the law and may result in legal consequences. UPRERA emphasized that the legal buying and selling of flats or houses must be conducted exclusively on the basis of their carpet area.

UPRERA Chairman Sanjay Bhoosreddy highlighted the necessity for allottees to consider the carpet area as the actual area of the unit and make payments to the promoter accordingly.

According to the Real Estate (Regulation and Development) Act, 2016, builders are required to specify the number and types of units, along with details such as floor, balcony, terrace, and other spaces, while registering a project. This includes mentioning the actual carpet area on the portal.

Instances of builders unlawfully selling units based on super area have been reported, contrary to the provisions of the RERA Act, officials noted. The UPRERA has warned that violating this provision may lead to legal action.

While developers can advertise their projects based on the super area, the sale of apartments must adhere to builder-buyer agreements executed on the basis of carpet area, according to UPRERA officials.

Buyers are advised to consider the carpet area when making purchases, and a model agreement for sale based on carpet area has been provided on the UPRERA portal for reference by both buyers and builders.

Carpet area represents the usable floor space within an apartment, while super area includes common spaces such as lifts, lobbies, staircases, and community centers.

Related Articles

Latest Articles

MOST POPULAR