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?
Total Usable Area (TUA): 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.
Total RERA Area (TRA): In simple terms, TRA provides the RERA-based area reference, while TUA helps translate that into the functional space available for use within the apartment.
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.
