#realestatesimplified

🌅 Good Morning! Cut Through the Noise

In today’s fast-moving real estate world, confusion and too much information can hold you back.

But the truth is — the right guidance makes everything clear. ✨

At JLK Realtors, we help you focus on what truly matters—

✔️ The right property

✔️ The right investment

✔️ The right decision

Let’s simplify your real estate journey and find your clear path forward. 🏡

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Sayba Group Buying a home is a dream for many, but the real estate market often comes with confusing words and short forms. FromBHK meaning to carpet area, freehold vs leasehold, and RERA approvals, homebuyers face terms that can be overwhelming. Understanding these terms is the first step to making an informed and confident property purchase.

In this blog, we break down the most commonly used real estate words in simple, buyer-friendly language so that you can move forward in your home-buying journey without confusion.

What Does BHK Stand For?

One of the most common words you hear in property advertisements is BHK. It simply means Bedroom, Hall, and Kitchen.

1 BHK Flat – 1 Bedroom + 1 Hall + 1 Kitchen

2 BHK Flat – 2 Bedrooms + 1 Hall + 1 Kitchen

3 BHK Flat – 3 Bedrooms + 1 Hall + 1 Kitchen

For example, a2 BHK flat in Kurla West will typically have two separate bedrooms, one living room (hall), and one kitchen. Bathrooms and balconies are additional but not part of the BHK count.

Knowing this makes it easy to select a flat based on your family size, budget, and space needs.

Common Real Estate Terms Every Buyer Should Know

When you go property hunting, you’ll come across several terms that directly affect your decision-making. Here are some simplified explanations.

RERA (Real Estate Regulatory Authority)

RERA is a government body that regulates real estate projects in India.

Every project must be registered under RERA for transparency.

Buyers can check project details, possession dates, and approvals on the official RERA website.

This ensures developers follow the rules and deliver projects on time.

Always buy only RERA-approved properties to safeguard your investment.

Carpet Area vs Built-Up Area

When builders advertise the size of a flat, they may mention either carpet area or built-up area.

Carpet Area: The actual usable space inside the flat (where you can lay a carpet). This excludes walls, balconies, and common areas.

Built-Up Area: Carpet area + wall thickness + balcony space. This is usually 20–30% larger than the carpet area.

For example, if a flat’s carpet area is 600 sq. ft., its built-up area might be around 750 sq. ft.

Tip: Always compare flats based on carpet area to know the exact usable space.

Possession Date and OC/CC Meaning

Another important part of buying a home is the possession date.

Possession Date: The date when the builder promises to hand over the flat. Always check this in the agreement.

OC (Occupancy Certificate): Certificate issued by local authorities stating that the building is ready for people to move in.

CC (Completion Certificate): Proof that the building is constructed as per approved plans.

Never take possession of a flat without OC/CC, as it can lead to legal issues.

Difference Between Freehold & Leasehold Property

When buying property, you’ll hear terms like freehold and leasehold.

Freehold Property: You own the land and the building. Ownership is permanent, and you can sell or transfer it anytime.

Leasehold Property: The land belongs to the government or authority, and you get rights to use it for a certain period (say 30, 60, or 99 years). After that, it must be renewed.

For long-term investment,freehold properties are always better.

Loan & EMI Related Terms for Buyers

Most homebuyers purchase flats with the help of home loans. Understanding loan-related words is equally important.

Down Payment: The initial amount (usually 10–20% of property cost) paid by the buyer.

EMI (Equated Monthly Installment): Fixed monthly repayment amount to the bank, including interest.

Interest Rate: The percentage charged by banks on the loan amount. Can be fixed or floating.

Pre-EMI: Interest you pay on the loan amount disbursed before full possession of the property.

Loan Tenure: The duration (up to 30 years) in which you repay the loan.

FAQs About Real Estate Terminology

Q1. What is the difference between super built-up and carpet area?

Super built-up area includes carpet area + built-up area + common amenities like lobby, staircase, and lift area. Carpet area is only the usable space inside your flat.

Q2. Is RERA registration mandatory for all projects?

Yes, all residential and commercial projects above 500 sq. meters or 8 units must be registered under RERA.

Q3. What is the meaning of stamp duty and registration charges?

These are government taxes paid at the time of property purchase. They vary by state (in Maharashtra, around 5–6%).

Q4. What is a ready-to-move-in flat?

A flat where construction is completed, OC is received, and you can shift immediately.

Q5. What does under-construction property mean?

A property still being built. It’s cheaper than ready-to-move-in homes but comes with waiting time and possession risks.

Simplifying Real Estate Language for Buyers

Real estate terms like BHK, carpet area, freehold, leasehold, EMI, and RERA may sound technical, but once you understand them, buying a home becomes much easier. A well-informed buyer always makes better investment decisions.

Welcome to TyTil – your smarter way to navigate real estate. Whether you're buying, selling, or just exploring, we make the journey simple and stress-free.

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We’re talking about the essentials—no down payment assistance, no grants, no seller help. Just the real numbers to plan with.

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