Real Estate Development
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Unraveling the Dynamics of Carpet Area Measurement: Implications for Real Estate Development and Urban Planning
Abstract: Real estate development and urban planning depend on carpet area measurement for property valuations, regulation compliance, and buyer’s decision-making. In the past, the absence of a standard definition of carpet area often resulted in varying calculations of area and gave the buyers a short end of the stick as a product of mistrust. In India, the introduction of the Real Estate (Regulation and Development) Act (RERA) brought in a standardized …
Published in International Journal of Rural and Regional Development · Vol. 2, Issue 2, 2024 · pp. 21–30 Read article
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Super Built-Up Area: Examining Its Role in Real Estate Development and Urban Planning Strategies
Abstract: The concept of Super Built-Up Area (SBA) has become pivotal in contemporary real estate development and urban planning strategies. Defined as the total area encompassing the built-up area of an apartment along with common areas like corridors, staircases, and amenities shared among residents, SBA influences both the economic viability of real estate projects and the spatial dynamics of urban landscapes. This study investigates the multifaceted role of SBA in shaping …
Published in International Journal of Urban Design and Development · Vol. 2, Issue 2, 2024 · pp. 01–15 Read article