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Does the cost of property changes if verification takes place


17-Apr-2023 (In Property Law)
I would like to know the cost per sq. ft charged by the builders on a Villa project is based on built up area or carpet area or super built up area? If I have to go for property verification, as per the new RERA act, does this carpet area charges fall under the scope of Villas also, or just apartment?
Answers (2)

Answer #1
661 votes
The buyer will pay only for the carpet area (area within walls). The builder can’t charge for the super built-up area, as is the practice at present as per the RERA Act which will be enforced from 1st of May, 2017.
Answer #2
613 votes
I hope there is a fixed price for each and every property. You will get price of the land for each area in the near by sub registered office. The price of the land is different in all places.

you can also get information in the web site also.

Better You approach near by sub register office and make inquiries. They will inform you the exact value of the land.

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