The Gurugram-based regulatory notified that breaching the guidelines will result in legal action being taken against the developer or real estate agent.

The Haryana Real Estate Regulatory Authority announced on Tuesday that it has released carpet area-based regulations for both the selling of an apartment or a property in any real estate project.

The Gurugram-based regulatory notified that breaching the guidelines would result in legal action being taken against the developer or real estate broker.

The developer will treat the selling on a super area basis as false and misleading trade practice, according to a statement quoted by Chairman K.K. Khandelwal.
The conveyance deed would only be performed on the basis of the carpet area. Only the carpet area is used in the selling of an apartment or a home. As a result, it stated that the selling of super area or some other basis is unlawful.

“The concept of super area as given in different builder-buyer agreements is ambiguous, and there are broad variations in the definitions,” according to Mr. K.K. Khandelwal.

“In real estate developments, the property is not adequately defined by referencing super area without actually describing and breaking down the components used in the super area. The practice of selling real estate on a super area basis is fraudulent, confusing, and unclear, and it causes uncertainty and uncertainties, as well as unnecessary litigation “he said

These rules were adopted by the authority to ensure the effective and transparent selling of a plot, apartment, or house, as the situation may be, or the selling of a real estate project, and to protect the interests of consumers in the real estate industry, he said.

Indicating that there had been no legal meaning for the term ‘carpet area’ before the Real Estate (Regulation and Development) Act of 2016, he said the Act has given a clear and meaningful definition of carpet area, which has now resolved the lack of clarity and ambiguity in this regard.

Source: Indiatimes