Carpet is a term commonly used by civil engineers, architects, buyers and sellers. The problem occurs when the builders sell their property to the buyers revealing a false carpet area. To clear this confusion the Maharashtra Ownership of flat (MOFA) has come up with its own definition of carpet area. Let me share with you the guidelines for the MOFA carpet area.Hire lawyers at NoBroker to run due diligence!
What is MOFA carpet area?
The Government of Maharashtra introduced the MOFA act in 1963. It is one of the key regulations governing the real estate industry in Maharashtra. It has shared some guidelines for both promoters and buyers. And one of them is the MOFA carpet area.As per the MOFA carpet area, the area that includes the entire floor area of the property along with the area covered by the balcony is known as the MOFA carpet area.As per the RERA definition, the internal ‘usable area’ of the property excluding areas such as walls, terrace, balcony or any other space which lies outside the walls is the carpet area.If you find any discrepancies in the carpet area after following the definition you can always file a complaint against the builders to safeguard your property. This was all about the MOFA carpet area. I hope you find this helpful.Read more:What is MOFA act?What will be RERA carpet area for 585 MOFA area?
While buying my property, I wasn’t aware of the term MOFA carpet area. I learned about it and the process of MOFA carpet area calculation from one of my builder friends. I’ll be happy to share the same here.
What is the MOFA Carpet Area Meaning?
MOFA carpet area includes the entire enclosed floor area of an apartment unit in a building, which comprises the balcony and the space bounded by external walls.
The purpose of MOFA's definition of carpet area is to encourage fairness and transparency in real estate transactions, particularly in the sale of flats.
For over 60 years, MOFA has been an integral part of Maharashtra's real estate industry, serving as a valuable resource for apartment owners. I hope this helps you understand the MOFA carpet meaning.
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What is MOFA carpet area?
Mitali
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November 3, 2022
2022-11-03T08:34:19+00:00 2023-09-21T14:48:34+00:00Comment
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