Common use of Carpet Area Clause in Contracts

Carpet Area. according to the context shall mean the net usable floor area of any Flat / Apartment, excluding the area covered by external walls, areas under service shafts (if any), exclusive balcony or verandah or exclusive open terrace area, but includes the area covered by the internal partition walls of the Flat / Apartment;

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement