Godrej Woods Phase 2 is a residential project which is located in Sector 43, Noida. It is a 3.21 Acres project where are available 2BHK, 4BHK and 3BHK flats apartments. If you are looking to buy apartments in Delhi NCR then Noida, Sector 43, Noida, Greater Noida, Yamuna Expressway, Ghaziabad, Faridabad, Gurgaon etc. Owner of one of the best Residential Projects in Sector 43, Noida is going to share these words with you in this article, so that you can easily understand them while buying a property. Built-up area: This area is total measured location of the outer line of your flats which include balcony, terrace, etc. it includes the usable area of your flat as well as the location occupied by walls and columns. This normally include a percentage of balcony, roof, columns, walls, detached habitable location, mezzanine floor, etc. If you know what built-up area is, you can easily calculate the actual usable area of your flat. ATS Le Grandiose Resale Price / ATS Pristine Resale Price / ATS Khyber Range Resale Price / ATS Bouquet Resale Price
Carpet area: The area which is enclosed within the walls of your flats is known as carpet area. The carpet location also includes a certain area of balcony, terrace and Verandah, which many people exclude from their calculations. This is a wrong way to calculate the location, as one will end up with a smaller usable carpet area. While buying a flat, you must always ask the builder for the ratio of the carpet location. Comparative market analysis: Comparative market analysis, also known as CMA, is a detailed report of the accurate values of comparable homes in a particular area. So the next time, when someone says “CMA”, then you can easily understand the term and even ask with complete confidence.
Equity: The ownership of your home is known as equity. This refers to how much of your home area you actually own. The more the equity, the more the financial flexibility you have. It is the difference between the fair market value of the flat and unpaid balance of the mortgage. Adjustable-rate mortgage: Adjustable-rate mortgage is the conventional loan. The interest rate in an adjustable-rate mortgage can change over the course of loan at five, seven or ten year interval. So, if you are planning to take this loan, then think twice, as staying in home for more than five years can be risky, as the loan rate will increase as per the market condition.
