The state law mandates that builders must sell apartments on the actual carpet area. However, when it comes to commercial premises, developers charge for the super built-up area. Whats more, the difference between the carpet area and the super-built up area in office buildings comes to a phenomenal 45% to 50%.
So, if a corporate buys a 10,000 sq-ft office, it actually gets to occupy only about 5,000 sq ft of the space. Carpet area is the total usable area within the four walls of an office building. The super built-up area includes other spaces such as corridors, lift rooms, motor rooms, meeting halls, lobby areas and staircases. In the Bandra-Kurla Complex, all swanky commercial buildings have this huge difference between the two areas and in other upcoming commercial projects too, developers quote rates on the super built- up area but offer a space half the size.
Some of the landmark commercial buildings include the IndiaBulls tower at Parel, Raheja Universals Chromium at Prabhadevi, Peninsula Towers at Lower Parel and Wadhwa Developers upcoming project in the BKC.
More : timesofindia.indiatimes.com
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