Sale of apartment or building to be done on basis of carpet

Sale of apartment or building to be done on basis of carpet area, rules HRERA


1058
Tribune News Service
Chandigarh, April 27
The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has termed the sale of property on super area as “fraudulent and unfair trade practice” asserting that the sale of apartment or building would be done only on carpet area.
Addressing a press conference, KK Khandelwal, Chairman of HARERA, asserted that the definition of super area as provided in various builder-buyer agreements was vague and there were wide variations in the definitions. “The practice of sale of real estate on super area basis is misleading, ambiguous, opaque and gives rise to confusion and complexities and at times result into avoidable litigation,” he said.

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