Delhi RERA to make it compulsory for builder to advertise and sell projects on carpet area only

The Delhi Real Estate Regulatory Authority (RERA) is set to mandate that builders advertise and sell projects based on carpet area rather than super built-up area. This new regulation aims to protect buyers from misleading advertising practices and ensure transparency in the real estate sector. Carpet area is the actual usable area within a property, and this change will help buyers make more informed decisions. The move is part of a broader effort by RERA to streamline and regulate the real estate market, ensuring that buyers receive clear and honest representations of the properties they are purchasing.