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What is the Super Built Up Area :-

Super built-up area includes common amenities, such as the area of lift shafts, lobby, and corridor, proportionately divided among all flats. The common usable areas, such as a swimming pool, garden and clubhouse may also be included in it.

What is the Carpet Area in real estate :-

The actual usable area within the walls of the unit is Carpet area.

What is the Built Up Area in Real Estate :-

Built-up area denotes to the entire area of the floor including carpet area, walls, lobbies/corridors, atrium areas and basement.

What is the Sale Deed in Real estate :-

Sale Deed provides the buyer an absolute and undisputed ownership of the property.

What is the FAR Full Form in Real Estate :-

FAR full form is Floor Area Ratio

The maximum amount of construction allowed on a given plot of land. This is purely dependent on the plot area and would vary from one locality to another based on different factors.

What is the CAM Full Form in Real Estate :-

CAM full form is Common Area Maintenance which includes hallways, pathways and utilities. CAM fees is accumulated by the landlord from tenants to cover maintenance.

What is EEC and FFC in real estate

EEC and FFC

EEC full form is external electrification charge and FFC full form is fire fighting charge and these are levied for obvious reasons.

IFMS Full form in Real estate :-

IFMS full form is Interest Free Maintenance Security

One time charge levied by developer to maintain the society. This is a common pool of funds which works as a maintenance charge.

PLC Full form in Real estate ;-

PLC full form is Preferential Location Charge.

Is the extra charge paid to a unit which has a better location within a particular layout or complex.

What is the Development Charges in Real Estate …?

Developers have to pay these charges to the government for civic amenities such as roads, water/electricity supply, sewerage and drainage. The development charges are fixed by the local authorities and are passed on to buyers in proportion to the built-up area of their properties.