Mofa carpet area mentioned as builtup area in agreement

Ganesh (Querist) 02 July 2023 This query is : Resolved
I am planning to buy a flat in a building which is about 20 years old. in the existing agreement documents, builder has mentioned builtup area as 740 sqft.
Can I consider this as a MOFA carpet area?

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Quick Summary

When buying a resale flat, the agreement might state 'built-up area' instead of 'MOFA carpet area'. While MOFA carpet area includes balconies, RERA carpet area is the net usable space excluding walls and other external areas. It's crucial to understand these distinctions to know exactly what you're purchasing.

kavksatyanarayana (Expert) 02 July 2023
Is the agreement registered as Sale or at least the agreement is registered? You can purchase the flat when the built-up area is mentioned as noted in the previous agreement

Dr. J C Vashista (Expert) 03 July 2023
Seek guidance of a local prudent lawyer with relevant documents of property, which cannot be presumed by experts on this platform.

Ganesh (Querist) 03 July 2023
@kavksatyanarayana
its registered as a Sale, it mentions Builtup area as 740 sqft, also its mentioned in previous agreements.
as this is a resale property, and was constructed before RERA act was in place, can I consider the built up area as MOFA carpet area?

T. Kalaiselvan, Advocate (Expert) 08 August 2023
In MOFA, the area including the entire floor area of the property with the area covered by balcony is known as MOFA carpet area. The net usable area excluding walls, terrace, balcony or any other space which lies outside the walls is known as RERA carpet area.
You can ascertain based on the given explanation.

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