
When we generally speak about finding an apartment on Lease we tend to say, "We
are looking for a 2 bedroom or a 3 Bedrooms apartment." Compared to what is
available in other parts of India, the 2 bedrooms and 3 bedrooms space could be
quiet deceptive in Mumbai as there are various definitions an apartment is sold
at the first place.
A 2 BHK (The Commonly used term BHK – Stands for Bedroom, Hall
(Living and Dining) & Kitchen.)
typically can be as small as 700 sq.ft in carpet
area and can be as large as 1200 sq.ft in Carpet area. Hence, we usually recommend
our clients to look at apartments from the perspective of space and they should
typically discount around 30% from the quoted Built Up Area to derive at the Carpet
area. Newer buildings in Mumbai have a higher built up to carpet ratio and the older
buildings have a better area efficiency.
In Commercial and Retail property the differences
range from 30% to 50% . But for Call Centers and large floor plates above 25000
sq.ft types can have a difference of around 20% depending on the developers and
location.
In Mumbai, the apartments generally Built up area is the stand measure
considered in most of the casual discussions.
Typical Apartments available in Mumbai
are 1, 2, 3, 4 bedroom apartments.
There are also buildings and pent houses available
with 5 and 6 Bedrooms with Terraces, Balconies etc. Finding a spacious Bungalow
with a Garden is a dream in Mumbai and even if you find one they are always surrounded
with tall buildings and thus defeating the purpose of living in one. A lot of Expatriates
when they come to Mumbai ask for Bungalows and Villas to live in and they are disappointed
to see only a handful. Most of the Bungalows are available in Andheri West, Juhu,
Bandra and Goregaon East barring a few in South Mumbai which are extremely expensive
and difficult to maintain.
Typical Apartments available in Mumbai are 1, 2, 3, 4
bedroom apartments. Usually the 1 BHK apartments have 1 Bath and Toilet (they could
be separate in select cases). The 2 BHK apartments have 2 bedrooms, one of them
mostly is a Master Bedroom and the other one has a Common Bath. The Larger 3 Bedrooms
may have large living rooms, store or service area and separate exits for maids
etc. There are other properties like small 1 Room Kitchen average size 400 sq.ft
and Bungalow, Villas, Pent Houses, Row Houses, Duplexes, Triplexes etc. These are
in any case rare to find and are the privilege surely of the Page 3 people of Mumbai.
Some average Sizes in Builtup areas are:
|
1 BHK |
2 BHK |
3 BHK |
4 BHK |
5 BHK |
|
400 – 700 |
800 – 1300 |
1200 – 3000 |
1500 – 4500 |
2200 -5000 |
If you look on the Internet and especially
when you will do a search on the keywords as “built up area” on Google you will
get several links only coming from the Indian Sub Continent as this is the most
common way the apartment sizes are measured in Metros and other II tier and III
tier cities in India.
There is no set rule or regulation set or any industry standard
set up. A difference upto 25% is considered fantastic and that is given by Top of
the Line Builders only, of course at Price which is premium which compensates the
difference in any case.
Only Stamp Duty department has a set rule to it. The Stamp
Duty is charged on Carpet Area + 20%.
Here are a few so called “Definitions” which
will help you understand the various differences between Built up, Carpet and Super
Built up Areas.