Pune property glossary
Plain-language definitions of the property and MahaRERA terms used on FlatNama.
Carpet area (RERA)
Usable floor area inside the flat’s walls, leaving out its own balconies and open terrace.
Total internal area
RERA carpet plus balconies, terrace and utility area: the area Pune flats are sold on, and the area every FlatNama rate uses.
Saleable or super built-up area
Total area plus a share of common areas added by the builder; not a RERA measure.
Concrete structure (RCC)
The reinforced-concrete frame of the building: columns, beams and slabs.
Final finishes
Lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
Possession date
The completion date the builder has registered with MahaRERA.
Extended
The possession date is later than the first date registered.
Lapsed
MahaRERA status when the possession date has passed with no extension or completion filed; it does not by itself mean work has stopped.
Completed
MahaRERA shows the project as completed.
Units booked
Units the builder reports to MahaRERA as booked or sold.
Occupancy certificate (OC)
The local authority’s certificate that a building can be occupied.
Registered sale
A sale agreement registered with the Department of Registration and Stamps, Maharashtra.