FAR or FSI, Built-up Area and Carpet Area are commonly used terms in real estate to describe different measurements of space within a property. Here we take a look at what these terms actually mean, and also which of these measurements you should consider when engaging the services of an architect or designer.
FAR
Carpet Area vs. Built-up Area vs. Super Built-up Area
When calculating the rental or sale price of a property, one generally considers the Super Built-up or Built-up area of a property (depending on whether it is part of a building with shared resources, or an independent free standing unit.)
When you are engaging the services of an architect or designer however, to remain fair to both parties, it is best to consider total BUA (not Super Built-up area) when you need consultancy on greenfield designs or renovations, and only carpet area when you need interior design consultancy.
We hope this article helped you understand the significance of FAR, Carpet Area and Built-up Area and how these terms are relevant to you when you’re looking to do up a new space or renovate an existing one.
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