India-market measure of internal usable space within walls.
Measurement · APAC
India-market measure of internal usable space within walls.
Default measure in Indian Class A leases. Carpet excludes external walls, lift cores, and common areas. Loss factors of 30–35% are typical when converting from carpet to chargeable area.
Carpet area is part of the measurement vocabulary that institutional Class A occupiers, landlords, and advisers use across APAC markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the APAC definition alongside the global standard so cross-border occupiers can translate quickly.