Examples of Net Area in a sentence

Notwithstanding anything contained in Clause 1.7, the Promoter shall confirm the Net Area in place and stead of carpet area as provided in Clause 1.7. It has also been agreed by the parties that if there is reduction in the Net Area by more than 3% then only the Promoter shall refund the excess money paid by the Allottee.
Carpet Area of Unit ------ EBVT Area ------ Net Area = (Carpet Area of Unit + EBVT Area) ----- The Parties have gone through all the terms and conditions set out in this Agreement and understood the mutual rights and obligations detailed herein.
Carpet Area of Unit ------ EBVT Area ------ Net Area = (Carpet Area of Unit + EBVT Area) ----- AND WHEREAS the Parties have gone through all the terms and conditions set out in this Agreement and understood the mutual rights and obligations detailed herein.
The net area of these spaces should be measured and they should be listed in the Net Area Schedule (with areas entered in the 'net area' column).
Sq. Ft.) Super-Built-Up Area equivalent to Carpet Area (CA) ……… Sq. Ft. with EBVT …… Sq. Ft. totaling Net Area (CA+EBVT) of ……… Sq. Ft., on the Floor of Block “….” of the under construction Building named “……………….”, Tiles Flooring, in the Project named “M/s XXXXXXX REALTORS” to be constructed at the said Property.

More Definitions of Net Area

Net Area means the aggregate of the Carpet Area and the EBVT area.

Net Area means the total land area of a parcel or parcels exclusive of area within any existing or proposed public or private street, road, or easement for ingress and egress and exclusive of the area within any existing or proposed easement wherein the owner of the parcel is prohibited from using the surface of the ground. Included in the "net area" is the area laying within public utility easements, sanitary sewer easements, landscaping easements, and public service and tree maintenance easements.

Net Area means sum of the carpet area of the Unit and EBVT area. “Car parking Space” shall have the meaning ascribed to it in Recital NN;

Net Area means sum of the Carpet Area of the Unit and EBVT area. NEW BUILDING/s shall mean the New Building and/or buildings to be constructed by the Vendor/ Developer at the said Property in accordance with the said Plan and to comprise of various self-contained Units apartments constructed spaces and car parking spaces capable of being held and/or enjoyed independently of each other on ownership basis. PLAN shall mean the Building Plan sanctioned by the authorities concerned bearing 2019120135 dated 01.11.2019 and shall include all modifications or variations as may be made by the Vendor/ Developer from time to time with prior sanction from the authorities concerned, if required. PREMISES shall mean ALL THAT the said PROPERTY (more fully and particularly mentioned and described in the PART – I and PART – VI in the FIRST SCHEDULE hereunder written). PROPORTIONATE OR PROPORTIONATELY shall mean the built up area of any Unit to bear to the built up area of all the Flats/Units in the said building provided that where it refers to the share of the Allottee or any co-owner in the rates and/or taxes amongst the common expenses then such share of the whole shall be determined on the basis on which such rates and/or taxes are being respectively levied (i.e. in case the basis of any levy be on area rental income consideration or user then the same shall be determined on the basis of the area rental income consideration or user of the said Unit).

Net Area means the gross area of any parcel or lot of land, less panhandles and all public and private easements for vehicular access within the parcel or lot, excluding easements primarily for emergency access. Notwithstanding the foregoing, for purposes of determining Lot Unit Factor (LUF), “net area” shall only exclude the paved portions of panhandles and the paved portions of all public and private easements for vehicular access.

Net Area means sum of the carpet area of the Unit and EBVT area. ad) “Garage” shall have the meaning as described to it in [Schedule –B].