Real Estate: How do builders mislead buyers by including common areas in the flat's total area?
If you are planning to buy a flat, this information is for you. Builders often include common areas in the flat's total area and charge buyers based on this inflated figure.
Everyone saves a portion of their salary alongside their job to meet future needs. Investing hard-earned money is a significant step; while some choose to buy a home, others invest their savings in gold or silver. For the average person, buying a home is a major life decision. Consequently, many focus primarily on the price when buying a flat, often ending up with less usable space than what was originally promised.
In reality, when buying a flat, you should look beyond the price and consider the actual amount of space the builder is providing for that cost. Builders frequently charge higher prices by claiming that common areas are part of the flat's total area.
Keep these points in mind when buying a flat:
1. Understand the rules regarding terraces and balconies
Before purchasing, verify the rules and conditions regarding terrace usage. Also, since many builders include the balcony area in the flat's total size, check beforehand whether the balcony space has been factored into the overall square footage.
2. Get clear information about the space
People often make buying decisions based solely on the advertised size of the flat. However, you should verify the actual usable space available to you. Be sure to ask the builder for details regarding areas occupied by pillars, walls, and utility shafts.
3. Pay attention to parking details
Builders sometimes demand extra payment for open or stilt parking. Therefore, check the type of parking provided and determine—based on regulations—whether charging separately for it is justified. 4. The 'Super Built-up Area' Factor
If you are planning to buy a flat, be aware that builders often include common areas—such as lifts, staircases, clubhouses, and corridors—in the total size of the flat. While this makes the flat appear larger to buyers, the actual living space is often smaller.
Get these details from the builder:
Many people blindly trust everything stated in advertisements when buying a flat.
Before purchasing, you should verify certain key details:
First, determine the actual usable space inside the flat.
Check whether the area occupied by lifts and staircases has been included in the flat's size.
Find out how much extra area the builder is adding to the calculation.
Inquire about the charges being levied for parking.
Read all documents thoroughly before finalizing the deal.

