New name for su­per built up is “Live­able Area”

Now a new cam­paign by L.A.P. (Live­able Area Price) is defin­ing live­able area and ed­u­cat­ing peo­ple of so called new con­cept i.e. Live­able Area.

Accommodation Times - - Front Page - By Dr San­jay Chaturvedi

Car­pet area is de­fined un­der var­i­ous pro­vi­sions of De­vel­op­ment Con­trol Reg­u­la­tion. It is In­ner Wall sur­face to In­ner Wall sur­face. It should not count Lift wells, Stair­cases, Bal­cony, Floor Beds, Com­pound, decks, park­ing, garage and other common ar­eas. The fun­gi­ble FSI given free to ac­com­mo­date all th­ese ar­eas. In Ma­ha­rash­tra Own­er­ship Flat Act , MOFA, (will be re­pealed by Ma­ha­rash­tra Hous­ing Reg­u­la­tory Act 2012 soon after pres­i­dent’s con­sent) it is ex­pressly pro­vided that all the ar­eas in the model agree­ment must be car­pet ar­eas as de­fined DCR, i.e. in­ner sur­face of wall to wall in­ner sur­face of wall and height be­ing 3 mtrs i.e. min­i­mum 10 ft. Now a new cam­paign by L.A.P. (Live­able Area Price) is defin­ing live­able area and ed­u­cat­ing peo­ple of so called new con­cept i.e. Live­able Area. Why can’t we call sped a sped? Why can’t car­pet area as de­fined in law and var­i­ous pro­vi­sions of DCR, MOFA and Stamp Act be trans­acted for a bet­ter trans­parency. Just like May­fair Hous­ing Ltd, the only builder to sell flats on car­pet area, in the name of car­pet area we get cam­paigns to con­fuse our selves by new con­cept. The web­site on LAP says : How can a per­son ac­tu­ally de­ter­mine whether the price of the house per sq. ft. they are buy­ing is rea­son­able?

The def­i­ni­tion of Live­able area is “Mea­sure­ments are taken to the ex­te­rior sur­face of the ex­te­rior walls. Mea­sure­ments are rounded to the near­est foot.” Hence the con­cept of Built up area which in­cludes area be­low wall also counted in

Live­able area.

This is where LAP or ‘Live­able Area Price’ comes in. A house is com­prised of the Liv­ing room, bed­rooms, kitchen, toi­lets, cor­ri­dors, pas­sages, ve­ran­dahs and decks. How­ever, there are many ar­eas in a home that you do not phys­i­cally live in! Th­ese are the pas­sage­ways, cor­ri­dors, decks and ve­ran­dahs. This means that Live­able Area will com­prise of the area of the Hall, Bed­rooms, Kitchen, etc but will not con­sider the pas­sage space in the lobby, or any deck. Thus price per square feet of this Live­able Area is the Live­able Area Price or LAP. Home de­signs that try and re­duce th­ese spa­ces al­low for more live­able area to be avail­able in your homes and hence a lower LAP. So in a home that is LAP ef­fi­cient, a buyer ends up pay­ing for the space he/she is go­ing to Live In and not for space that is wasted be­cause a LAP ef­fi­cient home will have min­i­mum space wastage. So, the next time you or some­one you know is think­ing of buy­ing a house, tell them all about LAP. The def­i­ni­tion of Live­able area is “Mea­sure­ments are taken to the ex­te­rior sur­face of the ex­te­rior walls. Mea­sure­ments are rounded to the near­est foot.” Hence the con­cept of Built up area which in­cludes area be­low wall also counted in Live­able area. Although we have rules to sell and buy real es­tate on car­pet area, as de­fined in DCR and MOFA and also in Bom­bay Stamp Duty Act and In­dian Reg­is­tra­tion Act, we have brand new con­cept of live­able area.

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