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Good news for homebuyers! Noida homes to be sold on carpet area now
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financialexpress.comThe Noida Authority has issued an order mandating that the registry of flats will now be on the ‘carpet’ area — much to the relief of countless homebuyers who have long been demanding that the registry of a flat should not be determined by the ‘super area’ — a factor that gives scope to developers to escalate the cost of apartments.
Hailing the order, industry experts said the move will reduce registration fee cost for the flats and lower the overall property acquisition cost of homebuyers.
Santhosh Kumar, Vice Chairman, ANAROCK Group, said, “This order by the Noida Authority will bring much relief to homebuyers as it will reduce their registration fee cost for the flats and thereby lower their overall property acquisition cost. Already RERA
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