Are You Paying For the Usable Area of Your House?

Are You Paying for the Usable Area of your House?

Many times the builder will say you that the carpet area is 40% less than the super built-up area. And that’s why the buyer thinks that there is only 40% loading on the cost.

In real terms, the loading goes as high as 65% if you calculate the loading on the base price.

Banks and Financial Institutions love to fund by this route. This is because this gives both the buyers and lenders the greater comfort levels.

What Matters is Interiors -

Most developers who have construction linked target, link the installment to casting of slab. Over 80% of the payments are required to be completed by the time the slab structure is in place. In reality, given the technology used today, the slab casting gets completed in no time. while 80% of the construction time is taken in doing up the rest of the work.