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Definitions (110)
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vacancy allowance
When preparing a pro-forma estimate of future performance of an investment, the vacancy and collection allowance is an estimate of the amount by which gross scheduled rents should be decreased to account for vacancies and for rents that will be uncollectible. (Alternative names: Vacancy Factor, Vacancy Rate) Source
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apartment
A self contained housing unit generally located within a building occupied by more than one household. (Alternative names: Unit or Flat). Source
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block
A small section of a city or town enclosed but not divided by streets. Source
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dwelling
A building, house or apartment where one resides. Source
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floor space ratio
Gross floor space over all levels divided by the site area. (Alternative names: Floor Area Ratio, Floor Space Index (India), Plot Ratio.) Source
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gross building area
The sum of areas at all floor levels, including the basement, mezzanine, and penthouses included in the principal outside faces of the exterior walls without allowing for architectural setbacks or projections. (Alternative name: Gross Floor Area - GFA) Source
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gross external area
Perimeter wall thickness' and external projections, Areas occupied by internal walls (whether structural or not) and partitions, Columns, piers, chimney breasts, stairwells, lift/wells etc.; Lift rooms, plant rooms, tank rooms; fuel stores, whether or not above roof level; Open-sided covered areas (should be stated separately) Source
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gross internal area
The floor area contained within the building measured to the internal face of the external walls. Commonly used for industrial buildings and general warehousing. Source
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gross lettable area retail
The total floor space measuring from the internal finished surface of external walls or from the centre line of inter-tenancy walls, whichever is deemed appropriate. Shop fronts outside, on, or inside the mall line are measured from the mall line or from the external finished surface, whichever is deemed appropriate. GLAR is used for calculating te [..]
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lot
Parcel of land (Alternative name: Allotment)
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