It is important to be familiar with the language and conventions of real estate. While buying property, always find out what definition of area is being used.
Why is it important? Typically, the area that you pay for is higher than the area you actually get. For instance, you may pay for a 2,000 sq. ft flat, but your usable area might only be 1,500 sq. ft. There will be a reduction in the area. In this example, it’s 25%, but it could even be more in actual cases.
The square footage you have lost is your share of the communal facilities such as walls, lifts, corridors, etc. But you will have to pay for the entire area.
Always find out what carpet area—the area over which you can actually spread a carpet if you wanted to do it— you will get. This, effectively, is the area you will have for your end use.
Add more miles to your four wheels
• Try CNG: You can save at least 25% on your fuel costs. It is a very practical alternative to petrol, without compromising on the performance of your vehicle.
• Get rid of extra weight in the car: The heavier your car is with items such as boxes, bags and other clutter in the boot, the more fuel it will consume.
• Optimum air pressure: Check the tyre air pressure regularly. Under-inflated tyres burn more fuel and don’t grip the road well. You can save up to 5% by just maintaining the tyre pressure to the optimum level.
• Control your speed: As speed increases, the car’s engine works more and this results in more fuel being consumed. Drive at a constant speed, rather than frequent acceleration and braking.
• Idling: Being stationary in traffic is not only frustrating, it can also be expensive. If you know you are likely to be stuck for more than 2 minutes, turn off the car’s engine to save fuel.