Real Estate Definitions
Plain-English definitions of the terms that decide what you actually pay for — carpet area, RERA, price per square foot and loading factor — each with the formula, Kolkata benchmarks and the pitfalls agents gloss over.
What is Carpet Area?
Carpet area is the net usable floor area of an apartment, measured from the internal faces of its walls — including internal partition walls and exclu…
Full definitionWhat is RERA?
RERA (the Real Estate (Regulation and Development) Act, 2016) is India’s central law that regulates residential and commercial real estate. It require…
Full definitionWhat is PSF (Price Per Square Foot)?
PSF (price per square foot) is a property’s price divided by its area in square feet — the standard unit metric used to compare value across projects …
Full definitionWhat is Loading Factor?
Loading factor is the percentage by which a property’s super built-up (saleable) area exceeds its carpet (usable) area — the share of walls, balcony a…
Full definition