Capital Transaction
- Sale/Purchase of a property
Carpet Area
- The actual usable area of an apartment/office unit/showroom etc. minus the loading or thickness of the wall
Catchment area
- A land area which tapers to meet a water body or reservoir
CBD or Central Business District
- Commercial area and areas within the radius of 2 – 3 kms forming a commercial hub
Certificate of Title
- A document which states the ownership details like the name of the owner, outstanding loan and encumbrances, if any
Circle rate
- Minimum rate decided by the government authorities for valuation of land in a particular area
Clear Title
- A title that is free from claims or legal hassles about the ownership of the property
Collateral
- An asset (such as a car/home) that guarantees the repayment of a loan
Completion certificate
- A certificate declaring the completion of the building process which is usually authorized by an architect, engineer and supervisors
Commencement Certificate
- A certificate issued by the appropriate local authority certifying immediate commencement of construction
Commercial Property
- A building / property which is used for the purposes of carrying out commercial activities
Common Areas
- Those portions of a building, land and amenities owned (or managed) by a planned unit development (PUD)
Commercial Bank
- A financial institution which provides services to individuals and businesses in terms of loans, investment schemes, etc.
Comprehensive Development Plan (CDP)
- The Master Plan approved by an authority
Condominium
- A type of property wherein a flat is privately owned whereas other facilities are commonly shared with other owners
Conveyance
- A written document which transfers the land ownership from one individual to another
Co-ownership
- If more than one owner hold the title of an immovable property, the property is of a Co-ownership type
Cooperative Housing Society
- A body of authority which ensures the availability of basic amenities to the members living within the same society or township
Covenant
- A clause in a mortgage restriciting the borrower on the use of land