Carpet Area vs. RERA Carpet Area: Know the Key Differences

When buying a home, you often hear terms like "carpet area" and "RERA carpet area." While they may sound similar, these terms have distinct meanings. Knowing the difference can save you from surprises and help you make informed decisions. Let's dive into what these terms mean and how they affect you as a homebuyer.

What is carpet area?

The carpet area is the usable floor space within your home. Simply put, it is the area where you can lay a carpet, excluding walls, balconies, and other non-usable spaces.

Here is what the carpet area typically includes:

• Bedrooms
• Living rooms
• Kitchen
• Bathrooms
• Hallways inside the flat

Builders often calculate the carpet area based on their own definitions, which may or may not include certain spaces. This lack of standardisation has led to confusion among homebuyers.

What is RERA carpet area?

Under the Real Estate (Regulation and Development) Act (RERA), RERA carpet area refers to the net usable floor area of an apartment, calculated based on a clear and uniform definition.

Here is what it includes:

• The entire area within the walls of the flat, excluding external walls.
• Internal partition walls, which separate rooms within the flat.

However, it does not include the following:

• Balconies
• Terraces
• Common areas like staircases or lobbies

RERA ensures that all builders use the same formula to calculate carpet area, which promotes transparency and protects homebuyers.

Key differences between carpet area and RERA carpet area

Aspect	Carpet area	RERA carpet area
Standardisation	No standardised method; definitions vary by builder.	Defined and regulated under RERA, ensuring consistency.
Inclusion of walls	May or may not include internal walls.	Includes internal partition walls but excludes external walls.
Balconies and terraces	Builders sometimes include balconies or terraces.	Excludes balconies and terraces completely.
Transparency	Prone to manipulation due to varied calculations.	Transparent and clearly defined, leaving no room for misinterpretation.

Why these differences matter to homebuyers

When buying a home, understanding these differences helps you:

• Avoid overpaying: Builders often quote a higher carpet area to justify the price. With RERA carpet area, you get a clear picture of what you are paying for.
• Make better comparisons: RERA carpet area allows you to compare properties easily since all builders follow the same rules.
• Plan your space better: Knowing the exact usable area helps you plan your furniture placement and home layout more effectively.

Making the right choice

When selecting a property, always ask for the RERA carpet area. It is a reliable and regulated figure that gives you a clear idea of the usable space in your home.

Here are a few tips to ensure you make the right decision:

• Verify RERA registration: Check if the project is RERA-registered.
• Ask for breakdowns: Request detailed plans showing carpet area and other dimensions.
• Compare wisely: Use RERA carpet area for fair comparisons.

Why choose Bajaj Housing Finance Home Loan?

Now that you understand the difference between carpet area and RERA carpet area, it is time to think about financing your home. Buying a home is a major milestone, and the right financial support can make all the difference.

Bajaj Housing Finance offers tailored home loan solutions to meet your needs, whether you are purchasing a RERA-compliant property or planning to renovate your current home. With competitive interest rates, flexible repayment options, and high loan-to-value ratios, we ensure your home buying journey is smooth and stress-free.

Here are a few benefits of opting for a home loan with us:

1. High loan amount: Secure a home loan of up to Rs. 15 crore* to bring your dream home to life.

2. Low interest rates: Enjoy interest rates starting 8.25%* p.a, and EMIs as low as Rs. 741/lakh*.

3. Quick approval: Get approved within 48 Hours* of applying – sometimes even sooner.

4. Flexible repayment tenure: Choose a repayment term of up to 32 years for comfortable EMIs.

5. Simple application: Take advantage of doorstep document collection for a smooth process.

6. Balance transfer facility: Move your existing home loan and get a top-up loan with better terms.

Take the next step toward owning your dream home. Apply for a Bajaj Housing Finance Home Loan today and experience hassle-free home financing like never before.