Load Comment Lease For Free

Loading percentage can be calculated with the help of simple formula: Carpet area * (1-loading factor) = Super Built-up area. Let us assume an apartment has a super built-up area of 1,500 sq ft and a carpet area of 1,200 sq ft. Now, 1,200*(1-loading factor) = 1,500. 1-loading factor= 1,500/1,200.

Literal meaning: A weight or source of pressure borne by someone or something. Construction Loads are defined as, loads imposed on a completed or temporary structure during and as a result of the construction process.

In simple words, the difference between the super built-up area and the carpet area is called loading. It can be calculated by a simple formula: Carpet area X (1- loading factor) = super built-up area.

Thus, loading factor, when combined with the carpet area, gives the super built-up area of a flat. For example, if a builder puts 1.25 as the loading factor, then it means 25% of space has been added to the carpet area of the flat.

In real estate, the load factor formula is used to calculate the ratio between the rentable square footage and the usable square footage of a commercial property. The formula is: Load Factor = Rentable Area / Usable Area.

The load factor or loading factor of an apartment is the difference between the super built-up area and the carpet area. The cost of the facilities/equipment installed in the project is ultimately for builders to recover. These include listing a few are elevators, lobby, maintenance room, parking, and terrace.

Under RERA, loading factors generally refer to the permissible percentage of common areas, amenities, and other shared spaces that are excluded from the saleable or carpet area of individual units.

The loading factor formula is simple. It is: Carpet area X (1- loading factor) = super built-up area.