{"id":369076,"date":"2022-04-27T13:59:14","date_gmt":"2022-04-27T13:59:14","guid":{"rendered":"https:\/\/reso.co.in\/?p=369076"},"modified":"2022-06-01T07:48:25","modified_gmt":"2022-06-01T07:48:25","slug":"what-is-rera-act","status":"publish","type":"post","link":"https:\/\/reso.co.in\/what-is-rera-act\/","title":{"rendered":"What is RERA Act"},"content":{"rendered":"

The RERA Act, like other legislation, has some legalese. Certain legal phrases are difficult for the average person to comprehend. We attempt to make these legal phrases as simple as possible for you by providing a ready-to-use explanation.<\/span><\/p>\n

Let us explore some of the real estate jargon in the RERA Act.<\/b><\/h2>\n

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Carpet Area<\/b><\/h2>\n

The carpet area is defined by the RERA Act as the “net usable floor space of an apartment.” External walls, lifts, balconies, and other areas are not included in the carpet area. Internal walls, on the other hand, are included in the carpet area definition. Before RERA, there was no legal definition of carpet area, and as a result, there was a lot of ambiguity. This ambiguity was frequently exploited by the builders. Homebuyers may now feel easy knowing that there is a clear definition in place.<\/span><\/p>\n

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Super Built-Up Area<\/b><\/h2>\n

Before we can comprehend a super built-up area, we must first comprehend the notion of a built-up area. All parts of your unit are included in the built-up area (carpet area + balconies, walls, etc.). The super built-up area of your building comprises the built-up area as well as your proportional part of the shared spaces. If your building contains communal paths, parks, or other amenities, they would be included in the phrase super built-up area in proportion to your share of them.<\/span><\/p>\n

Typical common areas included during a super built-up area are:<\/b><\/h4>\n