Apartment Area definition

Apartment Area means an area of land used for or proposed for residential occupancy in buildings or structures designed for five (5) or more families for living or sleeping purposes and having kitchen and bath facilities for each family. Included are condominiums and cluster developments.

Apartment Area. The Apartment Area will mean super built up area of the Apartment comprising its Plinth Area (defined below) and undivided and proportionate shares in the Tower Common Portions and Parking Space. The Price and other charges which are related to the area of an Apartment will be based on the Apartment Area and the undivided and proportionate interests in the common areas and facilities within the Tower as well as the Complex.

Apartment Area shall have the meaning as attributed to the term in clause 3.15 of this Agreement.

Examples of Apartment Area in a sentence

• Super Area and the percentage of Apartment Area to Super Area may undergo changes during construction of Said Building / Said Complex and final Super Area shall be confirmed upon completion of construction of Said Building(s).

• The Applicant is aware that although the Total Consideration and other dues/charges are payable on the Super Area of the Apartment, however what will be transferred/conveyed to the Applicant shall be the Apartment Area.

• If due to such changes in Specifications and/or in the Apartment Area, the Total Price Payable decreases, the Developer shall be bound to refund or adjust with any outstanding such decrease under intimation to the Allottee.

• However, the area of the Apartment may increase or decrease upto a maximum of 2% (two percent) of the Apartment Area mentioned in the Application Form for which no claim will be entertained.

• Super Area and the percentage of Apartment Area to super area may undergo changes till the completion of the Building/ Group Housing Colony and final super area shall be intimated upon completion of construction of said building(s).

• If due to such changes in Specifications and/or in the Apartment Area, the Total Price Payable increases, the Allottee shall be bound to pay such increase on demand by the Developer without any demur or protest, failing which the Developer shall be at liberty to cancel the Allotment and refund the amounts till then received after deducting an amount equal to 5% (five percent) of the Base Price.

• The documentation or legal fees shall be @ 1% (one percent) of the Price of the Apartment Area and other miscellaneous charges, taxes, levies or penalties in relation to the transfer of the Apartment including preparation of the Transfer Deed and other documents if any to be executed in pursuance thereof shall be paid by the Apartment Acquirer.

• For purposes of this rule, a material change shall mean a change of more than five percent (5%) of the existing landscaping ratios within the distinct geographic site location of each Maintenance Association and Apartment Area, as determined solely by the Architectural Committee, or the proposed installation of any artificial/synthetic turf in any amount.

• If any Apartment Acquirer fails to take actual physical possession of the Apartment within 60 (sixty) days from the Possession Date, the Apartment Acquirer shall become liable to pay to the Developer RS 1.50 (one rupee fifty paisa) per square feet of Apartment Area for each month of delay in taking possession as holding charges (“Holding Charges”).

• Super Area and the percentage of Apartment Area to super area may undergo changes till the completion of the Building/ Group Housing Colony and final su- per area shall be intimated upon completion of construction of said building(s).

More Definitions of Apartment Area

Apartment Area shall have the meaning ascribed to it in Annexure II. "Common Areas and Facilities" means such common areas and facilities within the Said Building/Said Complex earmarked for common use of all the allottee(s), limited to and precisely listed in Part A, Part B and Part C of Annexure- IV.

Apartment Area means, within the Community, any separate numbered or lettered lot or plot of land shown upon any recorded subdivision map, or any other real property, on which one or more Apartment Units are located or are planned to be constructed and including all appurtenances and related use areas, but excluding all Lots, Condominium Units, Cooperative Units or any combination thereof. "Apartment Area” shall also mean and refer to any unplatted real property which does not constitute Condominium Units, Cooperative Units, Lots or any combination thereof; provided, however, that upon platting or development of such property, the same shall become Lots, Condominium Units, Cooperative Units or Apartment Units, as applicable.

Apartment Area means and include the carpet area, exclusive balcony area, exclusive terrace area plus proportionate share in the common areas and facilities.

Apartment Area means any one of the ECH Apartment Areas or the Short Stay Apartment Area as the case may be Apartment Areas means together the ECH Apartment Areas and the Short Stay Apartment Area APB Distribution means for the period during which the Additional Permitted Borrowing subsists, an amount equal to the aggregate of all Distributions made during that period up to an amount equal to the principal of the Additional Permitted Borrowing on the first day of that period Appendix means an appendix numbered 1 to 3 to this Agreement Appropriate Limit has the meaning given to it in Clause 55.10.7 (Freedom of Information) Approved Purposes has the meaning given to it in clause 62.1 (Project Data) Approved RDD Item means an item of Reviewable Design Data which has been returned or deemed to have been returned marked ”no comment” or ”proceed subject to amendment” under the Review Procedure ASBO means an anti-social behaviour order as defined in the Crime and Disorder Xxx 0000 As-Built Drawings means drawings, technical information, models, operation and maintenance manuals, ICT network diagrams and technical information of a like nature to encompass the method of construction, manufacture, operation and maintenance of each element of the Works in sufficient detail to allow a competent person to understand all material elements of the Works and to maintain, dismantle, reassemble, adjust and operate all plant, equipment, ICT infrastructure, fixtures, structures and construction elements thereof Assets means all assets and rights to enable the Authority or a successor contractor to own, operate and maintain the Project in accordance with this Agreement including: