The area of an apartment or building, not inclusive of the area of the walls is known as carpet area. This is the area that is actually used and in which a carpet can be laid. When the area of the walls is calculated along with the carpet area, it is known as built-up area or plinth area. The built-up area along with the proportionate area under common spaces like lobby, lifts, stairs is called super built-up area/p>
b. If Purchaser still fails to pay the installment, The Developer can terminate Agreement. The Developer shall return the balance money (after deduction of the Transfer fee, cost of modification as requested by the Purchaser/s and any other deductions, as may be applicable), if any, within 30 days from the date of resale & receipt of payment from the intended Purchaser.