Buying a home can be an intimidating process; you have to choose the right locality, have to find the correct square footage for your needs and you also have to deal with a lot of paperwork. In all of this, the real estate terms and terminologies used can be confusing, especially if you are buying a home for the first time. So, without further ado, here’s a list of 10 important real estate words used in India that’ll make your home buying experience a smooth one: Built-up Area - The built-up area refers to the total area of your apartment. It includes the entire floor area of the flat, plus the internal and external wall thickness, the carpet area, the dry balcony, attached balcony, verandah etc. Carpet Area - C arpet area refers to the actual usable floor area of your apartment. This measurement excludes the area covered by the external walls, attached balconies, verandahs etc. However, the carpet area includes the area covered by internal walls, the ones located within th...
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