All you need to know about carpet area, builtup area and super builtup area

Many of us are perplexed by the different terms used by realtors and agents about the carpet area and the built up area. The right attitude is not to get intimated by these terms and instead understand them for what they are so that you do not get taken for a ride in your house search.

These are the detailed explanations of what comes under Carpet, Built up and Super Built up areas:

THE CARPET AREA

The Carpet area is the area which you can actually use in the apartment. It is also the area where you can cover the floor with the carpet. 

Now what does this area exclude:

• Common area

• Lobby

• Lift

• Playground

• The thickness of the inner walls

• Stairs

This is the actual area which you get for using in the housing unit. Your decision while buying a house should be based on the carpet area as that is the only area which you will be able to use in the apartment. This way you can focus and understand how much space you will actually get in the kitchen, living room, bathrooms and bedrooms.

The amount of carpet area is about 70 per cent of the built-up area and thus many builders try to charge you on the basis of built up or super built up area.

BUILT UP AREA

You get the built up area by adding the carpet area and the wall area. Here the wall means the thickness of the inner walls and not just the surface. Around 20 per cent of the built-up area is taken by the walls.

Also built up area includes:

• Dry balcony

• Flower beds

• Roof gardens etc.

These add up to about 10 per cent of the built up area. Thus you can use only 70 per cent of the built up area.

SUPER BUILT UP AREA

This is the total area which includes the built-up area and it also includes:

• Common area

• Corridor

• Lift

• Lobby

• Pool

• Garden

• Club house and more.

A builder usually charges you on the basis of the super built-up area which is also called the saleable area. Thus while shopping for a house you should consider all these different areas and be sure that you get the maximum carpet area as that is the actual area which you will get for you living.

Also Read - How Bayaweaver is taking the lead in The Future of Real Estate in India?

Published: By: Bayaweaver - November 25, 2018

THINKING HOME LOANS? READ THIS FIRST

You have had your dream house in your head for years, but never could find the right neighbourhood or nobody could ever put it to paper. But, just when you your finances have gone haywire, you FOUND the one. Imagine it is in Noida, totally random. But that city is pretty good, come to think of it - tagged the new Electronics hub of the country, IT companies moving in and  big developers rushing in to build houses for the millennials. With so many options, you can get pretty confused, a property hunter can slim down the options for you; if you are thinking about Noida, you can try BOP – the best real estate solution provider in NCR. Anyway coming back to house loans. No more digressions – Promise.

Now, you amble towards the bank to borrow some cash, but life isn’t that simple! Read the following points you should keep as a reckoner of sorts before walking up to your bank for that loan.

•  LOAN ELIGIBILITY AND AMOUNT

 Well, first the bank sees whether you are capable of paying off the bank or not, they scrutinize your bank account balance and other collaterals and see if you are aiming too high or the house sits well within your budget. Generally the bank gives you 80-85% of the property value, also RBI sanctions upto 90% of the money required if the house you want is below 30 Lakh. Keep all your paperwork ready and go for it.

• INTEREST RATE

Banks charge processing fee for processing the loan. This is approximately 0.25%-2% of the loan amount. There are pre-payment guidelines too which are different for different lenders.

• DOCUMENTATION

Generally similar documents are sought by the lenders - age, income proof, address proof; there might be slight variation. But all documents should be attested and verified.

• TURN AROUND TIME

This is the time taken to sanction and disburse loans.

If you people have any more queries regarding real estate. Feel free to use the comment section below and we will get back to you. Till the next post take care.

Read More - Noida powers up for take off with the Jewar Airport Project.

Published: By: Bayaweaver - September 05, 2018

Noida powers up for take off with the Jewar Airport Project.

After receiving the nod of approval from the Centre, Greater Noida is all set to make way for country’s largest airport, expected to be functional in the next 5 years. Jewar Airport is expected to absorb quite a large portion of the heavy passenger footfall which, currently, is handled by the Indira Gandhi International Airport in Delhi.

As per sources, the process of earlier stage clearance has been granted and the construction is slated to commence in October this year. This will be followed by facilitation of Metro rail, confirmed to be extended to the airport, consequently handling around 3 million passengers in the area every year. 

The airport is likely to manage a capacity of upto 50 million passengers, per year. The footfall is going to be an advantageous opportunity for Noida’s real estate sector, greatly shaping the magnitude of investment for many. 

Jewar’s airport construction has spearheaded road-construction, road authorities having advanced multi model transport facilities. The Yamuna Expressway Industrial Development Authority has been sanctioned the widening of now-six-lane Yamuna Expressway to eight lanes to smoothen traffic to the Jewar Airport. A decision of great foresight as a round figure of five million passengers is expected with the airport construction—causing plenty of real estate ventures to happen around the Yamuna Expressway corridor. One such project, X Noida by Bayaweaver, a reputed realtor, with retail, entertainment, studio apartments and even a hotel is expected to cater to the footfalls and investment potential arising from the airport inception. Conceptualised by the world's finest minds in architecture and real estate, X Noida, promises to be the showstopper of Noida's skyline in the near future. 

As Greater Noida prepares the biggest runway for millennials into the future, will you be onboard?

Read More - 5 REASONS WHY STUDIO APARTMENTS ARE SO ‘OMG’ IN THE FUTURE!

Published: By: Bayaweaver - August 20, 2018

OMG! This is what peak patriotism looked like!

On 15^th August 2018, Bayaweaver hosted a flag-hoisting ceremony that wasn’t just a ceremony but a significant moment in the history of Noida’s realty scene. Bayaweaver, a renowned real-estate builder with several master projects under its hat showcased patriotism via a 110 feet tall National Flag that waved enthusiasm and pride for one’s nation in undivided proportions.The ceremony was witnessed by hundreds of enthusiasts who seemed like their chests have been filled with contagious doses of patriotism. The ceremony took place at OMG Noida, Sector-129, also pitched as Delhi-NCR’s retail destination and up and coming hotspot for global and national investors who are keen on expanding their investment in the next 5 years. Flag-hoisting served as the biggest national mouthpiece for the project as it charts India’s retailing future through a millennial-infused sentiment that seems to run parallel to the Make In India initiative that’s sole purpose is to empower Indians of the future. The project takes inspiration from the nation itself. The flag-hoisting ceremony was followed by a spirited kite-flying session, quintessential to our traditional Independence Day celebratory spirit. Amid the kite-flying and the flag-hoisting, Noida experienced a hopeful proceeding of revolutionary lifestyle and retail project that’s bound to bring a lot of energy to the city. In the spirit of independence and development of the country, Bayaweaver is riding ahead of its contemporaries to give Noida’s its best-ever retail destination that will cater to free spirits of many.

Read More - Noida powers up for take off with the Jewar Airport Project.

Published: By: Bayaweaver - August 16, 2018

5 REASONS WHY STUDIO APARTMENTS ARE SO ‘OMG’ IN THE FUTURE!

When working for an MNC that makes you shift cities, you can get tired of paying the rent for the flat that you have rented, and you really do want to save money for a trip to the Zanskar valley. But, with the landlord ringing you up on every first for rent, you have been shelving that trip of yours. Studio apartments being the new future of real estate might help you board that bus to Leh, sooner than you think!

• Flexibility

Studio apartments are basically a big well managed space designed for small families or working singletons.Their average size is about 600sq.ft. You can put up temporary partitions and personalise this functional unit as you please.But future facing realtors like Bayaweaver in Noida are actually designing New York loft style studio apartments that have been built keeping a fluid space in mind – one that can function as your working zone, hangout zone or even just the sleeping quarters. 

• Changing Lifestyles

With rapid urbanization millennials are hurrying to the big cities and landing some really plum jobs in large multinationals. These ‘early investors’ have high spending power and are looking for compact and cozy apartments where the upkeep and maintenance would be minimal. Buyaweaver is planning additional features like Concierge Services, laundry service and retail space in the same building to cater to all the lifestyle needs a happening young millennial could have. This mixed use approach allows young couples to party in nightclubs in the same property, knowing their apartment is just a short elevator ride away.

• The economies of it all

The biggest win in studio apartments is the price point; leading a bachelor or a student life can be tough, and it might just work out in the long run to invest in a studio apartment for your young kids working in the city, and let it save you rent and grow as an investment over time. Moreover, the registration and stamp duty on these apartments is lesser than large size flats. All amenities are provided and round the clock security is provided in the mix. No need to visit an electronics store to purchase a cctv, unless of course, you’re a tiny bit paranoid.

• Great Connectivity

Noidais one of the biggest industrial and IT hub. It is packed with working professionals for whom a studio apartments is the perfect match. Hence, this region has witnessed a boom in studio and serviced apartments. Bayaweaver, a big shot in realty is coming up with some of the fanciest studio apartments right across the Noida expressway, with good connectivity to schools, hospitals, bus stand – all in the vicinity.

• Investment Guarantee

Stay away from the volatile share market and sure-invest your money.Most Indians regard real estate a safe investment option, and studios are more affordable for a young ambitious Indian; home loans are easy and EMI for studios ranges from INR 6,000-10,000. Studios are a safe bet for people looking to invest in real estate and an affordable option for young people.

If you people have any queries about real estate, hit us up in the comment section below. We will be sure to clear away your doubts. :)

Read More - Why Buy An Apartment in Noida

Published: By: Bayaweaver - July 25, 2018

Reasons why Gurgaon Sohna Road is the best Real Estate Hotspot

Gurgaon real estate is the key aspect why people are investing in areas around. Gurgaon and its outskirts like Noida are becoming the top real estate space. With a number of infrastructural projects taking up in the form of commercial and residential projects, investment in Sohna Road is the best thing you can have. Sohna Road, also known as South Gurgaon is becoming the most prominent location in NCR, especially because of the upcoming KMP Bypass and other such projects. Moreover, top real estate agents including Bayaweaver and others are coming up with some real estate projects.

Let us now explore, why Sohna Road in Gurgaon is becoming the top investment location:

·         Booming Economy:

As a part of investment, location is becoming the big attraction. Numbers of commercial and residential projects are coming up helping to increase the economy of the region. This has also increased the employment opportunities.

·         Finest Infrastructure and Good Connectivity:

Connectivity is what makes Gurgaon and its nearby regions worth and investment. Sohna Road is wisely connected with National Highway-8, Huda City, Sikanderpur Metro Station and others. Furthermore, it has good access to Gold Course and other connectivity regions.

Along with connectivity, the place is also known for its infrastructure including GD Goenka, Delhi Public School, Home Mall, and others.

·        Diverse Options in Realty:

With different real estate developers including Bayaweaver are coming up with their commercial and residential project, investors will have diverse realty options. From high-end villas, retail cum housing, and other options are coming up to make the region worth an investment.

Sohna Road in Gurgaon is certainly the best investment option for both home buyers and real estate developers. If you are looking for some new investment options then this is right investment region for long-term high return.

Published: By: Bayaweaver - May 10, 2018

Bayaweaver Projects in Delhi NCR

The real estate industry in India is taking a quantum leap in terms of consumer attitudes and industry organization. Gone are the days where people wanted to stay away from real estate because of slow movement and low return, the world has changed and so has the real estate sector in India. It has become a completely different ball game altogether. Multitudes of projects are mushrooming all across Delhi NCR and many builders are venturing into world class construction of residential and commercial properties.

The major change that has come in the sector, recently in India is that peoples attitude towards real estate has changed. Now there is a demand for luxury apartments providing all different amenities. With the rise of the per capita income of individuals in Delhi ncr, there has been a surge in demand for residential as well as commercial real estate.

There are a few fixed cities where the construction of major projects has come up. This includes cities like Mumbai, Delhi, Noida, Ghaziabad, Bengaluru, Chennai, Kolkata, Hyderabad, Pune etc.

A number of premium developments which are coming up in these cities are by a number of major names in the Indian realty industry, this includes names like Supertech Limited, Logix Infrastructure, Ansal, SRS, etc. Now a new name is being added on to this list, Bayaweaver Limited.

The developer is offering a number of premium developments like Oh My God in Noida and another one in Lucknow named H.M.O.E.

OMG in Noida is one of the finest example of global world class construction in India and is strategically located in sector 129 near the Noida-Greater Noida Expressway.

The USP’s of this project are:

• One of the finest and world class construction in India
• Studio apartments, super studio and retail spaces available
• 200 meters high structure with an open air infinity pool
• A state of the art clubhouse, a relaxation area, a premium food court, multiplexes etc
• Its location in the sector 129 of Noida which allows the project to be reachable from a number of major destinations in Noida
• The developer is offering 12% assured annual returns
• 5 star hospitality services to its residents

At Bayaweaver we believe in customization and actualization of your dream of your perfect home. We make your house into a home with step by step individualized customization. If you are looking for a nest in Noida or Lucknow, Bayaweaver is the way to go.

When you choose us we deliver a comfortable home fitted with all modern amenities. That’s what Bayaweaver stands for- Trust and Quality 

For more information visit - www.bayaweaver.in

Published: By: Bayaweaver - April 30, 2018

Listing Down the Best Residential Areas of Noida | Bayaweaver

Property investment is a huge decision you can have in your life. Primarily, you're investing your hard earned money into it for long term return. Location, the reputation of the builder and type of the property matters when you buy an apartment. Be it Noida or Gurgaon, each city has its own specialty and areas which make it to the top list. Noida, one of the happening cities is close by to Delhi and is known for good connectivity, rapid development and IT hub.

In recent years, this NCR location has boosted the residential apartment property rate. Luxury apartments, spacious areas and modern amenities have attracted home buyers to invest in Noida. Let us now check top areas in Noida good for property investment:

•  Yamuna Expressway: One of the prolific locations to invest, Yamuna Expressway has a good connectivity to Delhi with Mahamaya Flyover and is close to F1 Track, Noida International University and much more. Top real estate developers have come up with luxury residential apartments that can see a good investment for the long term.

•  Sector 1 and Sector 150: Tata Destination 150 and AEC City are the two major residential projects built in these two locations. These projects are spread over 20 acres and 15 acres respectively, offering 2BHK and 3BHK apartments with modern amenities and spacious areas.

•  Greater Noida Expressway: The location has witnessed plenty of residential projects and has a great connectivity to Sector 18 which is also the corporate hub of Noida. If you have a business in and around this area, then investing in Greater Noida Expressway is an ideal option. Bayaweaver and other reputed real estate developers have their project nearby.

Sector 32- Lies in the heart of the city, Sector 32 has an excellent connectivity to other parts and has a good transport system. Wave City Center, DLF and others have a good number of projects.

If you're planning to invest on residential apartments, then Bayaweaver Noida having OMG Project in NCR is the right one to invest.

Published: By: Bayaweaver - August 25, 2017

Important Areas to Focus When Developing a House | Bayaweaver

Developing a house is not as easy as it is imagined to be. It requires a lot of planning and understanding of the entire process to come up with an expected result which satisfies the user. Though a house is seen as a complete picture, it is built by putting dedicated efforts on different areas which in together make a house.

To match up with the expectations of the users and to give them the desired result, a service provider has to focus on a number of specific areas. If any home-building company fails to put these different aspects into consideration then it becomes really hard for them to sustain in the market.

The various areas on which equal efforts should be made to be able to turn a dream house into reality are:

1.  Architecture: The very basic step is to pay sufficient attention to the architecture of the house. If the architectural design is not built properly, it will result in a big failure.

2. Interior Designing: With the outer design of the house, its inner beauty is also important. A dedicated focus on designing the interior of the house better will make it easier to come up with a unique and innovative design.

As these are the requirements that are essential to make a perfect house, the client's requires someone that is an expert in delivering these qualities. Here in Bayaweaver our team that holds expertise in the specific domain of architecture and interior designing have always been able to deliver the exact required specifications of the users.

Bayaweaver has always made this as their priority to keep their client's requirements and needs on top. The Bayaweaver team has always tried to understand the details of the clients and then has worked creatively in delivering the required result.

If you are looking for nothing less than perfection then contact Bayaweaver immediately at www.bayaweaver.in

Published: By: Bayaweaver - July 15, 2017

Let us Weave Your Family Nest | Bayaweaver

They say house is wherever the center is! Is yours in Noida or Lucknow? Whichever place you select, you stand to achieve a snug home fitted with all trendy amenities, must you select Bayaweaver.

Noida says, “Oh My God” 

It is tasking to seek out befittingly spacious business or residential area in quickly developing Noida. However, Bayaweaver Ltd. looks to own managed the not possible. The ‘Oh My God’ (OMG) project in Noida is ready to go away you enchanted. The buildings and dwellings square measure magnificently designed and splendidly luxurious, meeting and sometimes surpassing international standards.

Even the valuation is affordable, considering that you just would be sinking down within the heart of Noida City’s main road. What’s even higher is that you just would end up quite near larger Noida, urban center and Ghaziabad. Yes, every place could be a vacant quarter-hour away, whether or not you travel in your own vehicle or via conveyance. and extremely before long, you'd be near Faridabad and Gurgaon too, due to the FNG passageway changing into operational by March 2018, barely a metric linear unit away.

Bayaweaver Noida is that the outcome of determined diligence and master coming up with. the wants of everyone, that's kids, senior voters, young couples and folks forced to be faraway from home on the excuse of study/work, were all thought of throughout the launching stage. that's why there square measure cool Clubhouses, improved Greens, Food Courts, Retail Havens, looking Arcade, Sky Bar, Children’s Pool, babysitting Facilities, three Tier Security, Access Management Systems, Key Card Operated Lifts etc as accessories for well-fitted and fantastically well-found Studio and Super Studio residences.

Baya Weaver Home Lucknow

You may belong to relatives or a joint family, however, you'd prefer to have your terribly own roof over your head. you may even want a healthy mix of the normal and therefore the trendy. Bayaweaver Home Lucknow has simply the factor for you, within the variety of innovatively chequered and splendidly hued, nonetheless easy and chic structures with facilities like Congregational Lawns, Reflexology Park, Aromatic Gardens, Meditation Greens, rink, court, Cricket web, Fitness path and plenty of additional options to supply you the standard of life you merit.

Do not be below the impression that simplicity indicates an absence of amenities or privileges. It will not! As per Bayaweaver Reviews, the corporate takes pride in creating the most use of each little bit of area out there, thereby rendering your Abode associate degree discipline Marvel.

Published: By: Bayaweaver - May 26, 2017