When you are in the process of availing a loan to buy your dream home, financial institutions or banks usually use a number of technical terms which may sound new to you. The below article provides a list of number of technical terms used by banks when you avail a home loan. 1) Margin When you take a loan, the…
Month: July 2017
What is Jantri(જંત્રી)? – By Autoscale.
What is Jantri? Jantri rates are the minimum price of land / building in a particular area or Jantri is the government document which specifies the market price of the land and buildings. On the basis of Jantri rates government decides stamp duty to be collected in any sales deed of land or building. In…
What is Carpet area, Built-up area & Super built-up area? -By Autoscale.
What is meant by carpet area, built-up area and super built-up area? Carpet area is the actual usable area of an apartment, office unit, showroom, etc minus wall thickness. Carpet area is the area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. …