Understanding Real Estate Better

Signing a home booking form
TERM 01

Fair Rate Practice

Fair Rate Practice (FRP) is Saanvi Nirman's approach to transparent pricing. It focuses on charging buyers for the actual functional space of their home rather than adding inflated costs based on super built-up calculations. It is a simple principle: pay for what you use.

What Does Fair Rate Practice Mean for You?

Pay for What You Use
Know What You’re Paying For
Plan Your Finances Better
Signing a home booking form
TERM 02

Total Usage Area

Total Usage Area (TUA) is Saanvi Nirman's approach to helping buyers understand the functional space that comes with their apartment. It focuses on the actual usable footprint of the home, including the RERA carpet area and applicable exclusive utility spaces such as balconies or terraces.

What Does TUA Include?

The RERA carpet area of the apartment
Internal spaces such as bedrooms, living areas, kitchens and bathrooms
Exclusive usable spaces such as applicable balconies or terraces
Signing a home booking form
Team 3

RERA Carpet Area

Under the RERA framework, RERA carpet area refers to the net usable floor area within an apartment, with specific inclusions and exclusions defined under the law. It provides a standardised way to understand the size of the home you are purchasing.

Bedrooms and living spaces
Kitchen and bathrooms
Internal passages within the apartment
The area covered by internal partition walls

What Is Excluded?

External walls
Service shafts
Balconies and verandahs
Open terraces
Shared spaces such as lifts, staircases, lobbies and clubhouses
Signing a home booking form
TERM 04

Box Price Loans

The box price refers to the complete out-of-pocket cost associated with purchasing a property, taking into account the applicable charges beyond the basic advertised price. Understanding this number can help you plan your finances more accurately and avoid surprises later.

Base construction or apartment cost
Floor-rise charges
Parking charges
Stamp duty and registration
Applicable GST
Advance maintenance charges
Corpus or other applicable deposits
PLAN IT

EMI calculator

LOAN AMOUNT 60 L
INTEREST RATE – 8.5%
TENURE – 20 YEARS
₹52,069
ESTIMATED MONTHLY EMI

Indicative only. Your bank's sanction letter prevails.