Prospective homebuyers also need to have their papers in order. Photo: Shutterstock
Buying property is a massive financial decision. So, to be able to make an informed choice, it is a good idea for homebuyers to get familiar with property jargon.
Here we explain key terms you must know if you plan to buy a home.
Carpet area is the actual habitable area measured from the inner faces of walls, including the balconies. It is now mandatory for developers to disclose the carpet area of all units in brochures and websites.
First Published: Jun 20 2022 | 09:33 AM IST