What is Saleable Area?

01

Definition

This includes the carpet area plus a proportionate share of common areas such as lobbies, staircases, elevators, and other amenities.

02

Measurement

Includes the carpet area, the thickness of outer walls, and a share of common areas. It is often referred to as the "built-up area" plus the common areas.

03

Usage

Used by builders and developers to calculate the price of the property, as it includes the total area for which the buyer is being charged.

04

Pricing

Pricing based on saleable area often appears higher as it includes the share of common areas, which may lead to confusion regarding the actual usable space.

05

Legal Regulations

Often used in marketing and sales materials by builders, but may not always be regulated or standardized, leading to variations in how it's calculated.

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