- Glossary
Real estate glossary for Chennai homebuyers.
Understand common apartment, villa and farm land terms before comparing Viva Housing projects or booking a site visit.
- Glossary
Common terms explained in simple language.
Use this glossary before comparing floor plans, price sheets, documentation and plot details.
- UDS
Undivided Share of land linked to an apartment purchase. Buyers should understand this clearly before comparing flats.
- Carpet Area
The usable floor area inside the apartment walls. Ask the sales team how this relates to built-up or super built-up area.
- Built-up Area
The apartment area including walls and certain additions. Confirm the basis used in the project brochure or area statement.
- Super Built-up Area
Built-up area plus a proportionate share of common areas. Always ask how the final area is calculated.
- RERA
Real Estate Regulatory Authority. Buyers should ask for project registration details where applicable.
- Floor Plan
A drawing that shows room placement, dimensions, balcony, kitchen, toilets and internal movement.
- Price Break-up
The full cost split including base price, parking, taxes, registration, maintenance and other charges.
- Possession
The expected handover timeline. Confirm this in writing with the developer.
- Agreement for Sale
The legal agreement that records terms between buyer and developer. Review it carefully before signing.
- Farm Land Plot
A land parcel within a planned farm land project such as Viva Farms. Buyers should verify access, layout and documents.
- Glossary FAQs
Can this glossary replace legal advice?
No. It explains common terms. Take independent legal advice before purchase.
Which terms matter most before booking?
Area calculation, UDS, price break-up, possession, agreement and approvals are important to review.
Can I ask Viva Housing to explain these terms?
Yes. Ask the sales team to explain project-specific terms clearly before booking.
