Members of NCR Homebuyers Association met Kamini Chauhan Ratan, IAS Inspector General/Commissioner Stamp UP, to ask her to stop charging stamp duty on the super built-up area.
Members of NCR Homebuyers Association met Kamini Chauhan Ratan, IAS Inspector General/Commissioner Stamp Uttar Pradesh, in Lucknow to discuss the flat registration issues.
Rashesh Purohit, the founder of the association, told City Spidey that as per the new RERA guidelines (under both central and state government), the carpet area of a flat is to be considered for its registration. Until now, the registry was done based on the super built-up area. “We met Kamini Chauhan Ratan, and asked her to stop charging stamp duty on the super area,” he added.
According to RERA, carpet area is defined as "the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment". As per RERA guidelines, a builder must disclose the exact carpet area, so a customer knows what he is paying for. The super built-up area is the built-up area including the common areas such as the lobby, lift shaft and stairs.
"She told us that the registry of flats will be done as prescribed in the RERA rules," Purohit added.
Shailendra Baranwal, a resident of Supertech Capetown, said builders cheated buyers by asking for extra money by increasing the super built-up area — the space reserved for lifts, balconies and passageways in a building. For example, if one buys a 1,000 sq ft apartment at the rate of Rs 5,000 per sq ft (Rs 50 lakh), the actual covered area or the size of the apartment would be just about 750 sq ft (carpet area), with no exact specification of the "super built-up area" for which one has paid Rs 10 lakh. As per RERA, a builder cannot use the term super built-up area during registration.
