Know the Difference between Carpet Area vs Built-up Area vs Super Built-up Area

What is the Built-Up Area?

The built-up area is the total area of a property that includes the carpet area plus the space occupied by walls. It's the sum of all areas enclosed by the outer walls of a property, including the carpet area.

This area is another essential aspect to consider when evaluating a property's value, as it directly impacts the price per square foot. We at Hero FinCorp use the built-up area to calculate the loan amount, making it an essential metric for those seeking Property Loans.
 

What is the Super Built-Up Area?

A super built-up area is the total built-up area of a property plus additional common spaces such as elevators, lobbies, staircases, and corridors. It's the area that's proportionally distributed among all building residents for common use.
 
The super built-up area is calculated by adding a certain percentage of the built-up area, which varies from project to project, to account for the shared spaces. Understanding the super built-up area is essential when evaluating and comparing a property's value to others.
 

What is the Loading Factor?

Loading factor is a percentage added to the carpet area of a property to arrive at the built-up area. It's the proportion of the common spaces, including lobbies, elevators, and staircases, shared among all building residents.
 
Depending on the property's location, the loading factor can vary from 15% to 50%. Understanding the loading factor is essential when evaluating and comparing a property's value with others in the market.


 

How is Calculation done for Carpet Area, Built-Up Area, and Super Built-Up Area?

Calculating carpet area, built-up area, and super built-up area is easy. Let’s understand with some examples below:
 

• Built-up Area

  The built-up area of a flat includes the carpet area and the area occupied by the walls. If an apartment has a carpet area of 750 square feet and the walls occupy an additional 50 square feet, the built-up area would be 800 square feet.

• Carpet Area

  The carpet area of a flat is the liveable space inside the walls. It excludes the area occupied by the walls. If an apartment has a built-up area of 800 square feet, including 50 square feet occupied by walls, the carpet area would be 750 square feet (800-50).

• Super Built-Up Area

  Suppose the loading factor for the project is 25%. In that case, the super built-up area for the flat would be 1000 square feet (800 + (25% of 800)), which includes the built-up area and the proportionate share of common areas, such as lobbies, elevators, and staircases shared by all residents of the building.

Important Factors included in Carpet Area, Built-Up Area and Super Built-Up Area

As the table shows, the carpet area includes only the usable floor space, while the built-up area includes the usable floor space, balconies, kitchens, bathrooms, walls, and other structures. The super built-up area includes everything in the built-up area plus the proportionate share of common areas like lifts, staircases, lobbies, and other shared spaces.
 

Factors Included	Carpet Area	Built-up Area	Super Built-up Area
Usable Floor Space (Living Room, Bedrooms, etc.)	✔️	✔️	✔️
Balconies	✔️	✔️	✔️
Kitchen	✔️	✔️	✔️
Bathrooms	✔️	✔️	✔️
Walls and other structures (e.g., ducts, shafts)	❌	✔️	✔️
Proportionate share of common areas (Lifts, Staircases, Lobbies, etc.)	❌	❌	✔️

Difference Between Carpet Area, Built-Up Area and Super Built-Up Area

When buying a property, understanding the different types of areas involved, such as carpet, built-up, and super built-up areas, is crucial for making informed decisions.
 
The carpet area represents the actual usable floor space within a property. In contrast, the built-up area includes the carpet area and the area occupied by walls. The super built-up area includes everything in the built-up area and the proportionate share of common areas, like lobbies, lifts, and staircases.

Here's a table summarising the carpet area vs super area and built-up area vs super built-up area:
 

Factors	Carpet Area	Built-up Area	Super Built-up Area
Area Included	Usable floor space	Usable floor space + area occupied by walls, balconies, etc.	Built-up area + proportionate share of common areas
Calculation	Measured wall-to-wall	Carpet area + 25-30% loading factor	Built-up area + proportionate share of common areas
Purpose	Determines the actual usable floor space	Used to calculate the selling price and for property taxes	Used to calculate the selling price, for property taxes, and to divide common expenses among residents

Conclusion

Knowing the differences between carpet area, built-up area, and super built-up area is crucial when buying a property. Now that you understand built-up area vs carpet area and built-up area vs super built-up area, it is essential to consider these factors when buying a property or applying for a loan from Hero FinCorp.  
 
These factors can impact the selling price and property taxes and determine the loan amount and Property Loan interest rate. Being informed about these aspects can help you make better decisions and ensure you get the most value for your investment.