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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.

PSF full form in Real estate :-

per square foot,” or PSF

Per Square Feet (PSF)

BSP full form in real estate :-

Basic sale price (BSP) is the basic price of the property. This cost does not include other charges like EDC/IDC/IFMS/EEC/PLC/Club membership and car parking.

Frequently Asked Questions Real Estate :-

BSP

Basic sale price is the basic price of the property. This cost does not include other charges like EDC/IDC/IFMS/EEC/PLC/Club membership and car parking.

PSF

Per Square Feet.

BWSSB & KPTCL (WATER & ELECTRICITY CHARGES)

BWSSB stands for Bangalore Water Supply and Sewerage Board and KPTCL stands for Karnataka Power Transmission Corporation Limited.

Development Charges

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.

PLC or Preferential Location Charge

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

IFMS (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.

EEC and FFC

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

CAM

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

FAR or 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.

Sale Deed

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

Built Up Area:

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

Carpet Area

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

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.