Common use of BUILT-UP AREA/COVERED Clause in Contracts

BUILT-UP AREA/COVERED. Shall, according to its context, mean the plinth or carpet area of that Unit/Flat including and also the thickness of the outer walls, internal walls and pillars walls and also the half of such outer walls which are common between the adjacent Units/Flats including of the subject flat/unit under the Schedule ‘B’ and shall according to its context, mean covered area plus Proportionate share of lobby, lift & stair case of the said floor where on the flat is situated.

BUILT-UP AREA/COVERED. Shall, according to its context, mean the plinth or carpet area of that Unit/Flat including the area of stair-case, landing with lifts space on the same floor whereon the said flat/unit is situated and also the thickness of the outer walls, internal walls and pillars and also the thickness of the outer walls and also the half of such outer walls which are common between the adjacent Units/Flats including of the subject flat/unit under the Schedule ‘B’ and shall according to its context, mean covered area plus Proportionate share of lobby, lift & stair case of the said floor where on the flat is situatedSecond Schedule.