What is the meaning of Carpet Area?
Carpet Area as the name suggests stands for the area where one can spread a carpet. The (RERA) Real Estate ( Regulation and Development) Act, 2016 it is defined as the ‘net usable floor area of an apartment excluding area covered by external walls, under service shafts, balcony or verandah, terrace etc. However, the internal walls partitioning the rooms and walk-in closet area are included in the same.
The real estate developers will have to clearly disclose the carpet area to the buyers as per the new mandate of the RERA Act.