Posts

Showing posts with the label Property Guides

Carpet vs Built-Up vs Super Built-Up Area Guide

Image
Carpet Area vs Built-Up Area vs Super Built-Up Area: How to Calculate the Real Price of a Flat in India India | October 26, 2026 Two builders in Hyderabad advertise three-bedroom apartments. Builder A offers a flat for ₹90 lakh at ₹6,667 per square foot. Builder B quotes a higher price per square foot. At first glance, Builder A appears to offer better value. But the first builder's advertised area is 1,350 square feet of super built-up space, while the apartment's RERA carpet area is only 900 square feet. The buyer is paying ₹90 lakh for a home with 900 square feet of RERA-defined private usable area. That works out to ₹10,000 per carpet square foot. The price has not changed. The area used to calculate the rate has changed. This is one of the most important distinctions to understand before buying an apartment in India. Developers and sales advertisements may refer to carpet area, built-up area, super built-up area, saleable area or chargeable area. These terms do not mean th...

Gajam to Guntha & Acre Conversion Telangana 2026

Image
Gajam, Square Yard, Guntha and Acre Conversion in Telangana 2026: Complete Guide Telangana | October 23, 2026 A family is planning to purchase a 200-gajam residential plot in Hyderabad. The seller quotes the price per square yard. The building contractor asks for the plot area in square feet. Meanwhile, another family member compares the property with agricultural land measured in guntas and acres. Everyone is discussing the same concept—land area—but using different units. This situation is common in Telangana. Residential plots in Hyderabad, Secunderabad, Rangareddy, Medchal-Malkajgiri and other developing urban areas are often advertised in square yards or gajalu. Agricultural land is commonly described in acres and guntas. Building drawings and approvals may show square metres, while construction estimates frequently use square feet. A simple conversion mistake can affect a plot-price comparison, building budget or land-document review. The most important starting points are: 1 gaj...

How Much House Can I Afford in 2026? Income Needed at 7.28% Mortgage Rates

Image
  How Much House Can You Afford in 2026? Income Needed at Today’s Mortgage Rates — With $250K to $1M Home Price Table United States | October 7, 2026 A $400,000 home does not cost a buyer what it did when mortgage rates were near 6%. And a $500,000 mortgage approval does not necessarily mean a household can comfortably afford a $500,000 house. With U.S. mortgage rates back above 7%, the amount of income needed to buy a home has become one of the most important calculations for buyers in 2026. The latest Freddie Mac Primary Mortgage Market Survey available as of October 7 puts the average 30-year fixed mortgage rate at 7.28% , up from 7.03% a week earlier. The average 15-year fixed rate is 6.60%. Mortgage Bankers Association data tells a similar story. Its latest published weekly survey put the average contract rate for a conforming 30-year mortgage at 7.30% , while mortgage applications fell 6% from the previous week. For buyers, the practical question is no longer simply: “What ho...