E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

Developers To Sell Units On Carpet Area Basis Only As Per UP RERA

Developers To Sell Units On Carpet Area Basis Only As Per UP RERA

BY Realty Plus
Published - Friday, 05 Jan, 2024
Developers To Sell Units On Carpet Area Basis Only As Per UP RERA

According to the RERA Act 2016, promoters mention the number of units, and their types along with floor, balcony, terrace and area of other spaces while registering the project on the portal. In this, they mention actual area of floor space among internal walls (Carpet Area).

For an agreement for sale between a promoter and an allottee, a model agreement for sale has been provided on the UP RERA portal. This model agreement for sale is also based on carpet area. In this way, selling apartments or units on the base of 'Super Area' is contrary to the provisions of the RERA Act, according to the statement.

The sale of apartments on this basis will be considered illegal and according to the provisions of RERA Act, buying and selling of apartments is legal only on the basis of carpet area, it said in a statement.

"There is no abbreviation or definition of Super Area in the RERA Act. It is indeed necessary for allottees to consider Carpet Area as the actual area of the unit or apartment and pay the promoter according to this area," UP RERA Chairman Sanjay Bhoosreddy said.

"Hence, promoters must ensure the sale of units according to the Carpet Area only. Violation of this provision may cause legal action," the UP RERA added.

The Uttar Pradesh Real Estate Regulatory Authority directed housing project developers in the state to sell units or apartments as per carpet area only.

As per the provisions of the RERA Act and pursuant to other legal agreements and contracts, there is no justification of 'Super Area', UP RERA said.

RELATED STORY VIEW MORE

Malabar Gold & Diamonds Opens its Largest Manufacturing Site In Hyderabad
Navi Mumbai Major Milestone: Raheja Universal Rs 1,726 Cr Sales of Solaris Project
BASIC Home Loan Partners With Emperium Pvt Ltd In Haryana

TOP STORY VIEW MORE

Samruddhi Mahamarg: Catalyst for Economic Transformation

As per Aayush Madhusudan Agrawal, Founder & Director Inspira Realty, the 701 km six-lane expressway is not just a road, but an economic corridor.

04 July, 2025

Malabar Gold & Diamonds Opens its Largest Manufacturing Site In Hyderabad

04 July, 2025

Navi Mumbai Major Milestone: Raheja Universal Rs 1,726 Cr Sales of Solaris Project

04 July, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website